American Pacific Samples up to 45.5% Copper from Underground Workings and Advances Regional Sampling Program at Its Madison Project
American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) has reported high-grade underground sampling results from its 100%-owned Madison Copper-Gold Project in Montana. The company collected four samples from the upper levels of the Madison Mine, with highlights including:
- 45.50% Cu and 2.17 g/t Au
- 31.00% Cu and 8.40 g/t Au
- 23.30% Cu and 1.90 g/t Au
- 3.19% Cu and 0.14 g/t Au
The samples were taken across a 20-foot section, with each sample being five feet wide. CEO Warwick Smith emphasized that these high copper values demonstrate the grade potential of the Madison mineralized system. The company has also commenced a comprehensive geological exploration program aimed at identifying new mineralized zones and expanding known areas of interest. This program will inform future drilling and exploration plans.
American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) ha riportato risultati di campionamento sotterraneo di alta qualità dal suo progetto Madison Copper-Gold in Montana, di cui possiede il 100%. L'azienda ha raccolto quattro campioni dai livelli superiori della Madison Mine, con risultati di particolare rilievo che includono:
- 45.50% Cu e 2.17 g/t Au
- 31.00% Cu e 8.40 g/t Au
- 23.30% Cu e 1.90 g/t Au
- 3.19% Cu e 0.14 g/t Au
I campioni sono stati prelevati su una sezione di 20 piedi, con ogni campione largo cinque piedi. Il CEO Warwick Smith ha sottolineato che questi alti valori di rame dimostrano il potenziale di qualità del sistema mineralizzato di Madison. L'azienda ha anche avviato un programma di esplorazione geologica completo volto a identificare nuove zone mineralizzate e ad espandere le aree di interesse già conosciute. Questo programma fornirà informazioni per future piani di perforazione ed esplorazione.
American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) ha reportado resultados de muestreo subterráneo de alta calidad de su proyecto Madison Copper-Gold en Montana, del cual posee el 100%. La compañía recolectó cuatro muestras de los niveles superiores de la Madison Mine, con aspectos destacados que incluyen:
- 45.50% Cu y 2.17 g/t Au
- 31.00% Cu y 8.40 g/t Au
- 23.30% Cu y 1.90 g/t Au
- 3.19% Cu y 0.14 g/t Au
Las muestras fueron tomadas a lo largo de una sección de 20 pies, cada muestra con un ancho de cinco pies. El CEO Warwick Smith enfatizó que estos altos valores de cobre demuestran el potencial de calidad del sistema mineralizado de Madison. La compañía también ha comenzado un programa de exploración geológica integral con el objetivo de identificar nuevas zonas mineralizadas y expandir las áreas de interés conocidas. Este programa informará sobre futuros planes de perforación y exploración.
American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF)는 몬태나에 위치한 100% 소유의 매디슨 구리-금 프로젝트에서 고품질 지하 샘플링 결과를 보고했습니다. 회사는 매디슨 광산의 상부에서 네 개의 샘플을 수집했으며, 주요 내용은 다음과 같습니다:
- 45.50% Cu 및 2.17 g/t Au
- 31.00% Cu 및 8.40 g/t Au
- 23.30% Cu 및 1.90 g/t Au
- 3.19% Cu 및 0.14 g/t Au
샘플은 20피트 구간에서 수집되었으며, 각 샘플의 너비는 5피트입니다. CEO 워윅 스미스는 이러한 높은 구리 값이 매디슨 광물화 시스템의 품질 잠재력을 보여준다고 강조했습니다. 회사는 또한 새로운 광물화 구역을 식별하고 알려진 관심 지역을 확장하기 위한 종합적인 지질 탐사 프로그램을 시작했습니다. 이 프로그램은 향후 시추 및 탐사 계획에 대한 정보를 제공합니다.
American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) a rapporté des résultats d'échantillonnage souterrain de haute qualité de son projet Madison Copper-Gold dans le Montana, dont elle détient 100%. L'entreprise a recueilli quatre échantillons des niveaux supérieurs de la mine Madison, avec des points forts incluant :
- 45.50% Cu et 2.17 g/t Au
- 31.00% Cu et 8.40 g/t Au
- 23.30% Cu et 1.90 g/t Au
- 3.19% Cu et 0.14 g/t Au
Les échantillons ont été prélevés sur une section de 20 pieds, chaque échantillon mesurant cinq pieds de large. Le PDG Warwick Smith a souligné que ces valeurs élevées de cuivre démontrent le potentiel de qualité du système minéralisé de Madison. L'entreprise a également lancé un programme d'exploration géologique complet visant à identifier de nouvelles zones minéralisées et à étendre les zones d'intérêt connues. Ce programme informera les futures plans de forage et d'exploration.
American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) hat Hochgradige Untertageprobenresultate aus seinem 100%-Eigenen Madison Copper-Gold-Projekt in Montana berichtet. Das Unternehmen sammelte vier Proben aus den oberen Ebenen der Madison Mine, wobei die Höhepunkte Folgendes umfassen:
- 45.50% Cu und 2.17 g/t Au
- 31.00% Cu und 8.40 g/t Au
- 23.30% Cu und 1.90 g/t Au
- 3.19% Cu und 0.14 g/t Au
Die Proben wurden über einen Abschnitt von 20 Fuß entnommen, wobei jede Probe fünf Fuß breit war. CEO Warwick Smith betonte, dass diese hohen Kupferwerte das Potenzial des Madison mineralisierten Systems zeigen. Das Unternehmen hat auch ein umfassendes geologisches Erkundungsprogramm gestartet, das darauf abzielt, neue mineralisierte Zonen zu identifizieren und bekannte Interessensgebiete zu erweitern. Dieses Programm wird zukünftige Bohr- und Erkundungspläne informieren.
- High-grade copper samples up to 45.50% Cu collected from underground workings
- Ongoing regional sampling and structural mapping to refine step-out and extension drilling plans
- Comprehensive geological exploration program commenced to identify new mineralized zones
- Potential for additional discoveries due to past selective mining techniques focusing on specific minerals
- None.
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2024) - American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) (FWB: 1QC) ("American Pacific" or the "Company") is pleased to report high-grade underground sampling results and provide an update on the ongoing regional sampling work at the Company's
During a recent visit to Madison, the Company accessed the upper levels of the Madison Mine and collected four (4) samples from the ribs of the old mine workings where visible copper oxidation and copper sulfide mineralization remains in the exposed back and ribs (see Photo 1).
Sample Highlights:
- MADZH24-003:
45.50% Cu and 2.17 g/t Au - MADZH24-001:
31.00% Cu and 8.40 g/t Au - MADZH24-002:
23.30% Cu and 1.90 g/t Au - MADZH24-004:
3.19% Cu and 0.14 g/t Au
Notes: Cu = copper; Au = gold; g/t = grams per tonne
Sampling Methodology
Samples were collected across a 20-foot section, with each sample being five feet wide. These were taken in the form of channel samples, ensuring representative material was extracted for analysis. This consistent sampling methodology helps provide accurate and reliable data reflective of the target area.
"These incredibly high copper values from the past underground workings highlight the type of grade the mineralized system at Madison can carry, and our recently completed Phase I drilling demonstrated that significant grades continue well beyond the areas mined out by predecessors," commented CEO Warwick Smith. "Our ongoing regional sampling and structural mapping work is designed to refine our step-out and extension focused drilling plans and generate additional discovery targets throughout the broader property package. We look forward to sharing further results and our updated 3D model and Phase II plan in Q4, 2024."
Watch: Short video clip of CEO, Warwick Smith, collecting high-grade copper samples at Madison
Photo 1: CEO, Warwick Smith, collects rock chip samples from Madison underground (left); high-grade copper associated with chalcanthite and chalcocite from the Madison underground workings (right)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10322/224648_cc224ebad4405b2d_001full.jpg
Mapping and Sampling
A comprehensive geological exploration program has now commenced at Madison, aimed at identifying new mineralized zones and expanding known areas of interest. The program will follow up on historic high-grade samples, while detailed mapping of geological structures will provide insights into the mineral potential of areas beyond the current mine sites. This work, along with data collected from mapping and sampling efforts, will inform the design and implementation of future drilling and exploration programs.
The Madison Mine is dry to the 200-foot level of the 600-foot final mining level by Coronado in 2012. Nine hundred feet of the 2600 feet of ramp, are currently accessible. The focus of Coronado was on the high-grade copper sulfide material (chalcocite) with no real consideration for the gold or native copper mineralization. Conversely, the Broadway Mine, active from 1900 to 1950, focused exclusively on oxidized gold mineralization with no consideration of copper mineralization or gold in sulfides. This provides American Pacific with numerous opportunities in the near-mine area due to those past highly selective mining techniques.
Madison Project Sampling and Analysis Quality Assurance and Quality Control Statement
The Company 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 samples include:
- ME-MS61 - 48 Element Suite using a Four Acid digestion followed by ICP-MS (Inductively Coupled Plasma Mass Spectrometry)
- ME-OG62 - Ore Grade Elements using Four Acid digestion and analysis by ICP-AES (Optical Emission Spectroscopy)
- Cu-OG62 - Ore Grade Copper using Four Acid digestion and analysis by ICP-AES for high-grade copper samples
- Au-AA23 - Au analysis using a 30g fire assay with an Atomic Absorption (AA) finish
The Company believes that the QAQC measures employed provide a reliable basis for the assay data presented in this release.
Qualified Person
Technical aspects of this press release have been reviewed and approved by the designated Qualified Person under National Instrument 43-101, Managing Director of Exploration, Eric Saderholm, P.Geo.
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: the Palmer Project, a Volcanic Massive Sulphide-Sulphate (VMS) project in Alaska, under a joint-venture partnership with Dowa Metals & Mining, owner of Japan's largest zinc smelter; and the Madison Project, a past-producing copper-gold project in Montana. For the Madison transaction, American Pacific was selected as a finalist in both 2021 and 2022 for 'Deal of the Year' at the S&P Global Platts Metals Awards, an annual program that recognizes exemplary accomplishments in 16 performance categories. Also, in American Pacific's asset portfolio are high-grade, precious metals projects located in key mining districts in Nevada, USA, including the Ziggurat Gold project and the Tuscarora Gold-Silver project. The Company's mission is to grow by the drill bit and by acquisition.
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 NI43-101 Technical Report for the Madison 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/224648
FAQ
What were the highest copper and gold grades reported in the American Pacific Mining (USGDF) Madison Project samples?
What is the current focus of American Pacific Mining's (USGDF) exploration program at the Madison Project?
When does American Pacific Mining (USGDF) plan to share updated results and Phase II plans for the Madison Project?
