American Pacific Mining Corp. is pleased to provide an update on rock chip, soil samples and drilling at its Madison Copper-Gold Project located in Montana, USA, which is currently under a joint venture earn in agreement with Kennecott Exploration Company , part of the Rio Tinto Group, whereby Rio Tinto may earn up to 70% of the project by spending US $30 million. Madison Copper-Gold Project, Montana Kennecott geologists [...]
American Pacific Mining Corp. is pleased to report that it has commenced drilling at its Gooseberry Silver Project in Nevada. The Company also notes that this historical producer of high-grade silver and gold ore has not seen any drilling in the last 25 years and is excited about the potential to revitalize this mine. The initial 3,500 to 4,000 metre, 15-hole diamond drill program will focus on testing known mineralized [...]
American Pacific Mining Corp. is pleased to report that it has mobilized a drill in preparation for an initial drill program at its Gooseberry Silver-Gold project in Nevada, USA. The initial 3,500 to 4,000 metre, 15-hole program will focus on diamond drilling to test known mineralized zones, including lateral and down-dip extensions to some of the higher-grade mineralization that was encountered during mining throughout [...]
American Pacific Mining Corp. is pleased to announce that it has entered into a definitive agreement with Ubica Gold Corp, a project generator majority owned by Plethora Private Equity, whereby the Company will acquire the assets Ubica owns, being 77 claims at Tuscarora totaling 1,031 acres. The Transaction effectively doubles the size of American Pacific's Tuscarora land package adding 76 unpatented and 1 patented [...]
American Pacific Mining Corp. is pleased to announce that it has entered into a definitive agreement with Ubica Gold Corp, a project generator majority owned by Plethora Private Equity, whereby the Company will acquire the assets Ubica owns, being 77 claims at Tuscarora totaling 1,031 acres. The Transaction effectively doubles the size of American Pacific's Tuscarora land package adding 76 unpatented and 1 patented [...]
American Pacific Mining Corp. is pleased to announce it has received final permits to commence a drill program at the past-producing high-grade Gooseberry Silver Project in Nevada. With final drill permits now in hand, a 15-hole combination reverse circulation and diamond drill program is now expected to commence later this year. Gooseberry is a low sulphidation, epithermal vein system encompassing the historical [...]
American Pacific Mining Corp. is pleased to announce it has leased the Red Hill property located on the southern end of the prolific Cortez gold trend. The Red Hill Property was leased from Nevada North Resources, Inc. and is contiguous to NuLegacy Gold's rift anticline target. Previous drilling at Red Hill intersected 13.7 metres of 8.11 grams per tonne gold. The Company believes that the Red Hill Property has been [...]
American Pacific Mining Corp. is pleased to report that Kennecott Exploration Company , a division of the Rio Tinto Group , has commenced an Unmanned Aerial Vehicle Magnetic Survey over American Pacific's past-producing Madison Copper-Gold Project that is focused on defining a detailed magnetic signature of the Madison Limestone-Rader Creek intrusive contact. The detailed magnetic signature of the contact area will [...]
American Pacific Mining Corp. is pleased to announce results from a sampling program at the Company's flagship Madison Copper-Gold project in Montana, USA. American Pacific has a joint venture earn-in agreement with Rio Tinto, whereby Rio Tinto may spend US $30 million to earn up to 70% of the Madison Project. A total of 26 rock chip samples were collected near the past producing American pit, which identified significant [...]
American Pacific Mining Corp. is pleased to announce that it has recently sampled up to 59.45 grams per tonne gold at its Tuscarora Gold Project. The Tuscarora Gold Project is a high-grade, gold project located in a prime precious metal district in Nevada, USA, only 35km northeast of the Carlin trend, 20km southwest of the +9.5 million ounce gold producing Jerritt Canyon deposit, and 50km east-northeast of the Midas [...]
American Pacific Mining Corp. is pleased to recap the recently compiled results from the 2019 and 2020 drilling programs conducted by Kennecott Exploration Company on the Company's Madison Copper Gold Project , located in Montana, USA. The Madison Project encompasses a historical mining district and past producer in western Montana, USA. The Company's wholly owned Madison Project is currently under an earn-in with an [...]
American Pacific Mining Corp. is pleased to report results from 18 rock chip samples from two significant zones of altered and mineralized exposures on the Madison property revealing high grade gold , silver , copper , lead and zinc values. Ten rock chip samples were collected from an exploration trench located nearly two kilometres southwest of the Madison Mine. One of the grab samples from this exploration trench [...]