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American Pacific Mining Announces Filing of 43-101 Technical Report for the Madison Copper-Gold Project

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American Pacific Mining Corp. has filed its 43-101 technical report for the Madison Copper-Gold Project in Montana, in compliance with National Instrument 43-101. The report, dated September 15, 2022, was authored by a qualified geologist and is accessible on SEDAR. The company, focused on precious and base metals exploration, aims to advance this project in partnership with Kennecott Exploration Company. American Pacific also holds interests in other mining projects and has been nominated for prestigious industry awards, highlighting its growth potential.

Positive
  • Filing of the 43-101 technical report enhances project transparency.
  • Partnership with Kennecott Exploration Company may boost project development.
  • Nominations for industry awards reflect company's promising position in the market.
Negative
  • None.

VANCOUVER, British Columbia, Sept. 19, 2022 (GLOBE NEWSWIRE) -- American Pacific Mining Corp. (CSE: USGD / OTCQX: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) is pleased to announce that it has filed its 43-101 technical report (the “Technical Report”) which has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), on the Company’s Madison Copper-Gold Project in Montana, USA.

The Technical Report, entitled “NI 43-101 Technical Report Update for the Madison Project, Madison County, Montana, USA” and dated September 15, 2022, has been prepared for the Company by John F. Childs, Ph.D. and Registered Geologist, of Childs Geoscience Inc., who is a “Qualified Person” as such term is defined in NI 43-101. The Technical Report is available on www.sedar.com under American Pacific’s profile and on the Company’s website at Madison Mine | American Pacific Mining Corp.

About American Pacific Mining Corp.

American Pacific Mining Corp. is a precious and base metals explorer with a core focus on opportunities in the Western United States. The Company's high-grade, past-producing Madison Copper-Gold project is located in Montana, which the Company acquired in 2020. Madison is under option to joint venture with Kennecott Exploration Company, a division of the Rio Tinto Group. American Pacific’s portfolio also includes the Gooseberry Silver-Gold Project and the Tuscarora Gold-Silver Project, two high-grade past-producing precious metals projects located in tier one mining jurisdictions in Nevada, USA. The Company's recently announced acquisition of Constantine Metal Resources adds the attractive PEA stage zinc-copper-gold-silver volcanic massive sulphide (VMS) Palmer Project, located in a strategic area of Southeast Alaska (transaction close expected in October 2022).

American Pacific was recently selected as a ‘Deal of the Year’ finalist for its Madison transaction and nominated for the ‘Rising Star Company Award’ in the S&P Global Platts Metals Awards, an annual program that recognizes exemplary accomplishments in 17 performance categories.  

On Behalf of the Board of American Pacific Mining Corp.

“Warwick Smith”
CEO & Director
Corporate Office: Suite 910 – 510 Burrard Street Vancouver, BC, V6C 3A8 Canada

Investor Relations Contact:
Kristina Pillon, High Tide Consulting Corp.,
604.908.1695 / kristina@americanpacific.ca
Media Relations Contact:
Adam Bello, Primoris Group Inc.,
416.489.0092 / media@primorisgroup.com

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.


FAQ

What does the recent filing of the 43-101 technical report mean for USGDF investors?

The filing indicates enhanced transparency and compliance for the Madison Copper-Gold Project, which can positively influence investor confidence in USGDF.

When was the technical report for the Madison Project filed?

The technical report for the Madison Project was filed on September 19, 2022.

How is the Madison Copper-Gold Project structured in relation to Kennecott Exploration?

The Madison Copper-Gold Project is under an option to joint venture with Kennecott Exploration Company.

What are the other projects under American Pacific Mining Corp.?

In addition to the Madison Project, American Pacific holds the Gooseberry Silver-Gold Project and the Tuscarora Gold-Silver Project.

What recognition has American Pacific Mining Corp. received recently?

The company has been nominated for the 'Deal of the Year' and the 'Rising Star Company Award' in the S&P Global Platts Metals Awards.

AMERICAN PACIFIC MNG

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