American Pacific Reports up to 80.6 g/t Gold, 5.2% Copper and 136 g/t Silver from the 2024 Field Program at its Madison Project
American Pacific Mining has reported final assays from their 2024 field season at the Madison Project, revealing significant mineral concentrations from 88 rock samples and 141 soil samples. Notable findings include gold grades up to 80.6 g/t, copper grades up to 5.2%, and silver grades up to 136 g/t. The field mapping has extended the mineralized footprint by 2.5 kilometres southeast and 2 kilometres west. The company has identified 5 additional target areas and completed radiometric survey interpretation to assist future drill targeting. A Phase II, 3,000-metre drilling program is scheduled to begin in Q1 2025, pending permits.
American Pacific Mining ha riportato gli assaggi finali della loro stagione di campo 2024 presso il Progetto Madison, rivelando concentrazioni minerali significative da 88 campioni di roccia e 141 campioni di suolo. I risultati notevoli includono gradi d'oro fino a 80,6 g/t, gradi di rame fino al 5,2% e gradi d'argento fino a 136 g/t. La mappatura di campo ha ampliato l'impronta mineralizzata di 2,5 chilometri a sud-est e 2 chilometri a ovest. L'azienda ha identificato 5 ulteriori aree target e ha completato l'interpretazione del sondaggio radiometrico per assistere nella futura strategia di perforazione. Un programma di perforazione di Fase II, di 3.000 metri, è programmato per iniziare nel primo trimestre del 2025, in attesa dei permessi.
American Pacific Mining ha reportado los ensayos finales de su temporada de campo 2024 en el Proyecto Madison, revelando concentraciones minerales significativas a partir de 88 muestras de roca y 141 muestras de suelo. Los hallazgos notables incluyen leyes de oro de hasta 80.6 g/t, leyes de cobre de hasta el 5.2% y leyes de plata de hasta 136 g/t. La cartografía de campo ha extendido la huella mineralizada en 2.5 kilómetros al sureste y 2 kilómetros al oeste. La compañía ha identificado 5 áreas objetivo adicionales y ha completado la interpretación de estudios radiométricos para ayudar en la futura programación de perforaciones. Se programa un programa de perforación de Fase II de 3,000 metros para comenzar en el primer trimestre de 2025, sujeto a permisos.
American Pacific Mining은 매디슨 프로젝트의 2024년 현장 시즌에서 최종 분석 결과를 보고하였으며, 88개의 암석 샘플과 141개의 토양 샘플에서 중요한 광물 농도를 발견하였습니다. 주목할만한 발견으로는 금 함량이 최대 80.6 g/t, 구리 함량이 최대 5.2%, 은 함량이 최대 136 g/t가 포함됩니다. 현장 매핑을 통해 광물화된 영역이 남동쪽으로 2.5킬로미터, 서쪽으로 2킬로미터 확장되었습니다. 이 회사는 5개의 추가 목표 지역을 식별하였고, 향후 드릴링 타겟을 지원하기 위해 방사선측정 조사 해석을 완료하였습니다. 2025년 1분기에 시작될 예정인 3,000미터 규모의 2단계 드릴링 프로그램이 허가를 기다리고 있습니다.
American Pacific Mining a rapporté les analyses finales de sa saison de terrain 2024 au projet Madison, révélant des concentrations minérales significatives à partir de 88 échantillons de roche et 141 échantillons de sol. Parmi les résultats notables figurent des teneurs en or allant jusqu'à 80,6 g/t, des teneurs en cuivre allant jusqu'à 5,2%, et des teneurs en argent allant jusqu'à 136 g/t. La cartographie sur le terrain a étendu l'empreinte minéralisée de 2,5 kilomètres au sud-est et de 2 kilomètres à l'ouest. L'entreprise a identifié 5 zones cibles supplémentaires et a complété l'interprétation de l'enquête radiométrique pour aider à la future planification des forages. Un programme de forage de phase II de 3 000 mètres devrait commencer au premier trimestre 2025, sous réserve de l'obtention des permis.
American Pacific Mining hat die endgültigen Analysen ihrer Feldsaison 2024 im Madison-Projekt gemeldet, die bedeutende Mineralkonzentrationen aus 88 Gesteinsproben und 141 Bodenproben zeigen. Zu den bemerkenswerten Ergebnissen gehören Goldgehalte von bis zu 80,6 g/t, Kupfergehalte von bis zu 5,2% und Silbergehalte von bis zu 136 g/t. Die Feldkartierung hat das mineralisierte Gebiet um 2,5 Kilometer nach Südosten und 2 Kilometer nach Westen erweitert. Das Unternehmen hat 5 zusätzliche Zielgebiete identifiziert und die Interpretation der radiometrischen Untersuchung abgeschlossen, um zukünftige Bohrziele zu unterstützen. Ein Bohrprogramm der Phase II mit einer Länge von 3.000 Metern ist für das erste Quartal 2025 geplant, jedoch abhängig von Genehmigungen.
- High-grade mineral findings: gold up to 80.6 g/t, copper up to 5.2%, and silver up to 136 g/t
- Mineralized footprint extended by 2.5km southeast and 2km west
- Identification of 5 new target areas for drilling
- Fully-funded Phase II drill program scheduled for Q1 2025
- Surface samples may not represent underlying values
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - American Pacific Mining Corp. (CSE: USGD) (FSE: 1QC) (OTCQX: USGDF) ("American Pacific" or the "Company") is pleased to report that it has received the final assays from 88 rock samples and 141 soil samples collected during the 2024 field season. The Company also completed a radiometric survey interpretation to assist future drill targeting for a 3,000-metre, Phase II program scheduled to begin in Q1, 2025.
Field Program Highlights
A total of 88 rock samples and 141 soil and silt samples were collected during the summer of 2024
Gold grades of up to 80.6, 38.48 and 19.85 grams per tonne (g/t) were assayed in surface rock samples (see Table 1 and Figure 1)
Copper grades of up to
5.2% and3.3% were assayed in surface rock samples (see Table 1 and Figure 2)Radiometric surveys highlight thorium, potassium and uranium, which can be porphyry system indicators (see Figure 1 with 2024 gold/silver sample locations)
The Phase II, 3000-metre drilling program has been finalized and is the permitting process (see Figure 3 for planned hole locations)
Disclaimer: Surface samples, by their nature, are selective and may not represent underlying values.
"We are encouraged by the field work results that followed up on our 2024 drilling program. The field mapping and rock sampling have extended the mineralized footprint 2.5 kilometres southeast and 2 kilometres west. The data collected presents us with 5 additional target areas that have not historically been drill tested but have now been included in the fully-funded Phase II drill program beginning Q1, 2025," commented Managing Director of Exploration, Eric Saderholm. "The higher-grade silver values were unexpected and clearly add to the potential value of the Madison Property. Our use of radiometric surveys is somewhat unique in exploring for porphyry systems and will help us pinpoint drill targets in 2025. Further refinement of the magnetic data will be completed in December to maximize the potential for new property-wide discoveries."
Table 1: Select Notable Gold, Copper and Silver Rock Samples
Note: Sample coordinates are in WGS84 UTM
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Figure 1. Composite potassium/thorium radiometrics with 2024 gold/silver rock samples and emerging targets
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Figure 2. Magnetic survey base map with emerging regional Phase II target areas
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Figure 3. Current Au/Cu block model with Phase II planned drill hole traces (blocks are not indicative of NI 43-101 compliant resource)
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Madison Project Sampling and Analysis Quality Assurance and Quality Control Statement
American Pacific is committed to maintaining high standards of accuracy and
reliability in our sampling and analysis procedures. The following Quality Assurance and Quality Control (QAQC) measures are employed in our sampling and analysis processes.
Analytical Methods for the project include:
Paragon Labs
50AR-MS: Multi-element analysis (50 elements) using Aqua Regia digestion with ICP-MS for trace elements.
AUAG-GR30: Gold and silver analysis via 30g fire assay with gravimetric finish for high-precision results.
Au-FA30: Gold determination using fire assay with Aqua Regia digestion and spectroscopy for detailed concentration measurement.
OLAR-OES: Over-limit Aqua Regia digestion ensures accurate results for high-concentration samples.
ALS Global
Ag-OG62: Silver analysis with Four-Acid digestion for ore-grade concentrations.
ME-OG62: Comprehensive ore-grade element profiling using ICP-AES.
Cu-OG62: Copper-focused analysis tailored for economic studies.
Pb-OG62: Lead quantification for precise ore-grade mapping.
ME-GRA21: High-precision gold and silver determination using fire assay with gravimetric finish.
About the Madison Copper-Gold Project
The Madison Project was host to small-scale production that concluded in 2012, with 2.7 million pounds of copper produced at grades ranging from 20
Qualified Person Statement
Technical aspects of this press release have been reviewed and approved by the designated Qualified Person under National Instrument 43-101, Eric Saderholm, P.Geo., Managing Director of Exploration for American Pacific.
About American Pacific Mining Corp.
American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. The Company has two flagship assets:
On behalf of the American Pacific Mining Corp Board of Directors:
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
Full disclosure can be found in our NI 43-101 Technical Report for the Palmer Project at www.americanpacificmining.com. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231547
FAQ
What were the highest mineral grades found in American Pacific's Madison Project (USGDF) 2024 field program?
When is American Pacific Mining (USGDF) planning to start its Phase II drilling program at Madison?
How much has the mineralized footprint expanded at American Pacific's (USGDF) Madison Project in 2024?
