American Pacific Mining Corp.

American Pacific Mining is pleased to announce the closing of its oversubscribed non-brokered private placement raising gross proceeds of $10,146,000 through the issuance of 10,146,000 units at $1.00 per Unit. Each Unit consists of one common share of the Company and one-half of one transferable warrant. Each whole Warrant will entitle the holder to purchase one additional Share of the Company at an exercise price of [...]

American Pacific Mining Corp. is pleased to report high-grade rock chip assays from a sampling program conducted by Kennecott Exploration, a division of the Rio Tinto Group, at the Madison Copper-Gold Project in Montana. The Madison Project is under a joint-venture earn-in agreement, whereby Rio Tinto may earn up to 70% of the project by spending US $30 million. A total of 7 rock chip samples were collected from 200 m [...]

American Pacific Mining Corp. is pleased to announce that it has increased the size of the previously announced financing to C$10 million. The Company will issue 10 million units , at a price of C$1.00 per Unit, for gross proceeds of C$10 million. Each Unit consists of one common share and one half of one share purchase warrant , with each Warrant entitling the holder to purchase one additional share at a price of C$1.40 [...]

American Pacific Mining Corp. is pleased to announce a private placement of up to 5,000,000 units at a price of CAD $1.00 per Unit for gross proceeds of up to CAD $5,000,000. Each Unit will be comprised of one common share and one half of one common share purchase warrant with each Warrant entitling the holder to purchase one Share of the Company at a price of $1.40 per Share for a period of 24 months from the date of [...]

American Pacific Mining Corp. is pleased to report that it has added a second drill to its Gooseberry Silver Project in Nevada. The new drill rig is a reverse circular drill that will complement the core drill already turning on site, thus accelerating the completion of the program at the high-grade past-producing silver-gold mine. Underground mining at Gooseberry ceased in the mid-1990s and the property, once mined by [...]

American Pacific Mining Corp. is pleased to report results from a geophysics program at its Madison Copper-Gold project in Montana conducted by Kennecott Exploration , a division of the Rio Tinto Group, which show downhole electro-magnetic survey anomalies suggesting untested continuation of high grade copper mineralization. The Madison project is under a joint venture earn-in agreement, whereby Rio Tinto may earn 70% of [...]

American Pacific Mining Corp. is pleased to provide an update on rock chip, soil samples and drilling at its Madison Copper-Gold Project located in Montana, USA, which is currently under a joint venture earn in agreement with Kennecott Exploration Company , part of the Rio Tinto Group, whereby Rio Tinto may earn up to 70% of the project by spending US $30 million. Madison Copper-Gold Project, Montana Kennecott geologists [...]

American Pacific Mining Corp. is pleased to report that it has commenced drilling at its Gooseberry Silver Project in Nevada. The Company also notes that this historical producer of high-grade silver and gold ore has not seen any drilling in the last 25 years and is excited about the potential to revitalize this mine. The initial 3,500 to 4,000 metre, 15-hole diamond drill program will focus on testing known mineralized [...]

American Pacific Mining Corp. is pleased to report that it has mobilized a drill in preparation for an initial drill program at its Gooseberry Silver-Gold project in Nevada, USA. The initial 3,500 to 4,000 metre, 15-hole program will focus on diamond drilling to test known mineralized zones, including lateral and down-dip extensions to some of the higher-grade mineralization that was encountered during mining throughout [...]

American Pacific Mining Corp. is pleased to announce that it has entered into a definitive agreement with Ubica Gold Corp, a project generator majority owned by Plethora Private Equity, whereby the Company will acquire the assets Ubica owns, being 77 claims at Tuscarora totaling 1,031 acres. The Transaction effectively doubles the size of American Pacific's Tuscarora land package adding 76 unpatented and 1 patented [...]