American Pacific Mining Corp. is pleased to announce that, further to its news release on May 2, 2023, it has completed the acquisition of Clearview Gold Inc. pursuant to the terms and conditions of a share acquisition agreement dated April 27, 2023 among the Company, CVG, and the shareholders of CVG . Pursuant to the terms and conditions of the Definitive Agreement and as consideration for 100% of the issued and [...]
American Pacific Mining Corp. is pleased to announce that it has entered into a definitive agreement, pursuant to which the Company will acquire all of the issued and outstanding common shares of Clearview Gold Inc , a private exploration company that is part of the NewQuest Capital company. The transaction further cements American Pacific as a premier exploration and development company, well-positioned to deliver [...]
American Pacific Mining Corp. is pleased to announce the 2023 budget and work program for the Palmer Project , an advanced-stage, high-grade volcanogenic massive sulphide-sulphate project located within the Porcupine Mining District of the Haines Borough, Alaska. The 2023, multi-purpose, US $25.5 million work program at the Palmer Project, includes a surface exploration drilling program, geotechnical drilling, camp [...]
American Pacific Mining Corp. announces that Peter Mercer has joined the Company's executive leadership team as Senior Vice President, Advanced Projects, focusing on the advancement of the Palmer VMS Project in Alaska. As a seasoned industry leader, Peter will further strengthen the technical and operational capabilities of the dedicated management team that is operating on behalf of the American Pacific and Dowa Metals [...]
American Pacific Mining Corp. is pleased to announce that it has commenced drilling at its Gooseberry Silver Project in Nevada. The planned 15 hole, up to 3048 metre Phase II drill program will focus on testing the extension of the Gooseberry Vein as well as the Elderberry and Strawberry Zones -new targets that were generated in 2022 through analysis of soil geochemistry, clay spectral imagery, mapping and integrated [...]
American Pacific Mining Corp. is pleased to report 2023 drill plans and the final compilation of the 2022 soil geochemistry and integrated CSAMT geophysics for target generation at the Gooseberry Project, Storey County, Nevada . Highlights: The 2023 drilling program has been updated and re-permitted to test emerging targets generated by soil geochemistry and integrated CSAMT geophysics completed in 2022. Approximately 15 [...]
American Pacific Mining Corp. is pleased to report high-grade gold and copper rock chip samples from a program conducted by Kennecott Exploration, a division of the Rio Tinto Group, at the Madison Copper-Gold Project in Montana. Madison is under a joint-venture earn-in agreement, whereby Rio Tinto may earn up to 70% of the project by spending US$30 million. Highlighted Sample Results: 40485321: 9.93 g/t Au; 3.40 g/t [...]
American Pacific Mining Corp. is pleased to provide an update on the work programs completed in 2022 at the Palmer Project , an advanced-stage, high-grade volcanogenic massive sulphide-sulphate project located within the Porcupine Mining District of the Haines Borough, Alaska, in which the Company recently acquired indirect ownership of a minority interest. The 2022, multi-purpose, US$10.4 million work program at the [...]
American Pacific Mining Corp. is pleased to announce that, through its wholly owned subsidiary, Constantine North Inc., it has contributed funds totaling US $1,497,537 to maintain its 41.08% ownership of the Palmer VMS project in Alaska. Dowa Metals & Mining Alaska , the Company's joint venture partner, maintains its 58.92% ownership. "This contribution affirms our commitment to our JV partnership with Dowa Metals [...]
American Pacific Mining Corp. is pleased to provide a project update and assay results from the Tuscarora Project or . The Company completed 33 shallow reverse circulation drillholes at Tuscarora for a total of 5,515 metres across several different target areas. Drilling at the South Navajo area defined a potential third gold zone below known mineralization and drilling and sampling along the Modoc Vein swarm has [...]
American Pacific Mining Corp. is pleased to share results from the analysis of the Madison Copper-Gold Project conducted by a skarn expert, commissioned by operating partner, Rio Tinto, which identified the presence of a large new target area that is expected to be a key focus for exploration and drilling during 2023. Report Conclusions The skarn portion of the mineralized footprint is a robust, up to 130 metres thick [...]
American Pacific Mining Corp. and Constantine Metal Resources Ltd. are pleased to announce Constantine has mailed and filed a management information circular dated September 22, 2022 and related meeting materials for its special meeting of Securityholders to be held October 25, 2022, in connection with the proposed acquisition of all of the outstanding shares of Constantine by American Pacific announced on August 15, 2022 [...]