18.0 Metres of 1.5% Copper and 5.4% Zinc (4.4% CuEq) Reported from American Pacific Mining's (USGD.c USGDF) Palmer Copper-Zinc VMS Project in Southeast Alaska Yesterday, American Pacific Mining (USGD.c USGDF) reported the final assay results from the 16-hole drill program at the Palmer Copper-Zinc VMS Project in Southeast Alaska which designed to continue testing the extent of high-grade copper mineralization.
2024 Drilling Program Goals
- Testing high-grade copper mineralization in the South Wall Zone 1 and Zone 2-3.
- Initial exploration in the North Wall Alteration Zone.
Key Assay Results
- 18.0 m at 1.5% Cu, 5.4% Zn, 0.40 g/t Au, 59.1 g/t Ag (4.4% CuEq), including 6.6 m at 3.6% Cu, 7.7% Zn, 0.56 g/t Au, 65.4 g/t Ag (7.4% CuEq).
- 7.2 m at 0.3% Cu, 3.0% Zn, 0.20 g/t Au, 32.7 g/t Ag (1.8% CuEq), including 2.1 m at 2.8% Cu, 13.2% Zn, 0.27 g/t Au, 67.9 g/t Ag (8.8% CuEq).
- 4.8 m at 1.4% Cu, 9.9% Zn, 0.15 g/t Au, 34.9 g/t Ag (5.7% CuEq).
Highlighting that the results reinforce a high-grade copper core within the mineralized envelope and revealed higher-grade zinc intersections, Warwick Smith, USGD's CEO, commented:
"Following-up on last year's exceptional copper results from Zone 1, this year's infill drilling in Zone 2-3 also supports the presence of a higher-grade copper core within the larger mineralized envelope. We are also seeing higher grade zinc intersections in certain areas than are currently reported in the Mineral Resource Estimate, last updated in 2018,"
Going forward, USGD is remodeling the mineralization in line with local geology and is preparing to update the full mineral resource estimate and technical report for the property.
Full News Release:
https://americanpacificmining.com/news-releases-2024/american-pacific-reports-18-0-metres-of-1-5-copper-and-5-4-zinc-from-zone-2-3-at-palmer-vms-project/ Posted on Behalf of American Pacific Mining Corp.