American Pacific Mining Corp. is pleased to announce that it intends to complete a non-brokered private placement of up to 15,000,000 units of the Company at a price of $0.20 per Unit for gross proceeds of up to $3,000,000 . Each Unit will consist of one common share in the capital of the Company and one-half of one Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Share at a [...]
American Pacific Mining Corp. is pleased to announce the 2024 budget and resource expansion-focused work program at the Palmer Project , an advanced-stage, high-grade volcanogenic massive sulphide-sulphate project located in Southeast Alaska. Constantine North Inc., a subsidiary of American Pacific, is the operator for the Project, which is under a joint venture partnership with DOWA METALS & MINING ALASKA LTD. . The 2023 [...]
American Pacific Mining Corp. is pleased to provide a project update, including 2024 exploration plans, for its 100%-owned high-grade Madison Copper-Gold Project located in Madison County, Montana. The 2024 exploration program will include a near-mine, 1,350 metre , five-hole Phase I diamond drilling program, a planned Phase II regional drill program, detailed scientific groundwork, incorporation of the newly acquired [...]
American Pacific Mining Corp. announces that Kennecott Exploration Company , a subsidiary of the Rio Tinto Group , in collaboration with American Pacific, has agreed to discontinue the 11-year Madison earn-in agreement to acquire a 70% interest in American Pacific's Madison Mine Project . American Pacific would like to thank the regional Kennecott team for its collaborative approach at Madison over the years. The Company [...]
American Pacific Mining Corp. is pleased to report the third and final batch of assay results from the 2023 resource definition and geotechnical drill programs at the Palmer Project . Palmer is an advanced-stage, high-grade volcanogenic massive sulphide-sulphate deposit located in the Porcupine Mining District of the Haines Borough, Alaska, USA. Constantine North Inc., a subsidiary of American Pacific, is the operator for [...]
American Pacific Mining is pleased to report the third and final batch of assay results from the 2023 resource definition and geotechnical drill programs at the Palmer Project. Palmer is an advanced-stage, high-grade volcanogenic massive sulphide-sulphate deposit located in the Porcupine Mining District of the Haines Borough. Constantine North is the operator for the Project and the ~US$20 million 2023 program was funded [...]
American Pacific Mining Corp. is pleased to announce that it has received the permits necessary to commence drilling at the Madison Copper-Gold Project in Montana, USA. The five-hole diamond drill campaign, which is expected to commence in Q1, 2024, is designed to further define and expand on known near-surface, high-grade copper and gold mineralization, while extending beneath known mineralization to provide a foundation [...]
American Pacific Mining Corp. is pleased to report the results from the 2023 Phase II rock and grab sampling program at the recently acquired Danny Boy claims and western portion of the Tuscarora Project . Of the 218 samples collected, forty exceeded one gram per ton gold with the highest value of 100.84 g/t Au. The Danny Boy claims were acquired through the acquisition of Clearview Gold Inc. in 2023 . Danny Boy is [...]
American Pacific Mining Corp. is pleased to announce that it has appointed Ali Hakimzadeh as an independent director of the Company. As the Managing Partner of Sequoia Partners Inc., a capital markets advisory and merchant banking boutique, Mr. Hakimzadeh has over 25 years of experience in the corporate financial services industry, collaborating and leading multiple transactions across North America. Mr. Hakimzadeh holds [...]
American Pacific Mining Corp. is pleased to report further assay results from the 2023 resource definition and geotechnical drilling program at the Palmer Project . Palmer is an advanced-stage, high-grade volcanogenic massive sulphide-sulphate deposit located in the Porcupine Mining District of the Haines Borough, Alaska, US. Constantine North Inc., a subsidiary of American Pacific, is the operator for the Project and the [...]
American Pacific Mining Corp. is pleased to announce that initial assay results continue to highlight the copper-zinc rich nature of mineralization at the Palmer Project . Palmer is an advanced-stage, high-grade volcanogenic massive sulphide-sulphate deposit located in the Porcupine Mining District of the Haines Borough, Alaska, US. Constantine North Inc., a subsidiary of American Pacific, is the operator for the Project [...]
American Pacific Mining Corp. is pleased to announce that one drill rig has remained to test the Christmas/Red Creek Target area during demobilization of the 2023 mountain drilling program. The CRC Target is one of 12 known VMS showings at the Palmer Project outside the mineral resource envelopes of the Palmer and AG deposits . Palmer is an advanced-stage, high-grade volcanogenic massive sulphide-sulphate deposit located [...]