American Pacific Mining Corp. is pleased to announce it has received final permits to commence a drill program at the past-producing high-grade Gooseberry Silver Project in Nevada. With final drill permits now in hand, a 15-hole combination reverse circulation and diamond drill program is now expected to commence later this year. Gooseberry is a low sulphidation, epithermal vein system encompassing the historical [...]
American Pacific Mining Corp. is pleased to announce it has leased the Red Hill property located on the southern end of the prolific Cortez gold trend. The Red Hill Property was leased from Nevada North Resources, Inc. and is contiguous to NuLegacy Gold's rift anticline target. Previous drilling at Red Hill intersected 13.7 metres of 8.11 grams per tonne gold. The Company believes that the Red Hill Property has been [...]
American Pacific Mining Corp. is pleased to report that Kennecott Exploration Company , a division of the Rio Tinto Group , has commenced an Unmanned Aerial Vehicle Magnetic Survey over American Pacific's past-producing Madison Copper-Gold Project that is focused on defining a detailed magnetic signature of the Madison Limestone-Rader Creek intrusive contact. The detailed magnetic signature of the contact area will [...]
American Pacific Mining Corp. is pleased to announce results from a sampling program at the Company's flagship Madison Copper-Gold project in Montana, USA. American Pacific has a joint venture earn-in agreement with Rio Tinto, whereby Rio Tinto may spend US $30 million to earn up to 70% of the Madison Project. A total of 26 rock chip samples were collected near the past producing American pit, which identified significant [...]
American Pacific Mining Corp. is pleased to announce that it has recently sampled up to 59.45 grams per tonne gold at its Tuscarora Gold Project. The Tuscarora Gold Project is a high-grade, gold project located in a prime precious metal district in Nevada, USA, only 35km northeast of the Carlin trend, 20km southwest of the +9.5 million ounce gold producing Jerritt Canyon deposit, and 50km east-northeast of the Midas [...]
American Pacific Mining Corp. is pleased to recap the recently compiled results from the 2019 and 2020 drilling programs conducted by Kennecott Exploration Company on the Company's Madison Copper Gold Project , located in Montana, USA. The Madison Project encompasses a historical mining district and past producer in western Montana, USA. The Company's wholly owned Madison Project is currently under an earn-in with an [...]
American Pacific Mining Corp. is pleased to report results from 18 rock chip samples from two significant zones of altered and mineralized exposures on the Madison property revealing high grade gold , silver , copper , lead and zinc values. Ten rock chip samples were collected from an exploration trench located nearly two kilometres southwest of the Madison Mine. One of the grab samples from this exploration trench [...]
American Pacific Mining Corp. is pleased to announce the results of recently compiled rock sample geochemistry for gold and copper at the Company's Madison Copper Gold Project , located in Montana, USA. This comprehensive dataset has been compiled from all the available current and historical Kennecott Exploration and Broadway Gold data for the first time. All sample locations and data are located on land controlled by [...]
Michael Gentile announces that, on June 8, 2021, pursuant to a private placement , he acquired ownership of 8,181,964 Units of American Pacific Mining Corp. at a price of $0.125 per Unit, for a total purchase price of $1,022,745.50. Each Unit consists of one common share and one warrant , with each Warrant exercisable into one Share of the Company at an exercise price of $0.16 per Share for two years from the closing date [...]
American Pacific Mining Corp. announces that, further to its news release of May 25, 2021, it has closed its non-brokered private placement issuing a total of 8,181,964 units at CAD$0.125 per Unit for total gross proceeds of $1,022,746 with a strategic investor, Michael Gentile, CFA. Warwick Smith, CEO of the Company, commented: "We are thrilled with the addition of Michael Gentile as a strategic investor as exploration [...]
American Pacific Mining Corp. is pleased to announce that the Rio Tinto Group has commenced drilling at the Company's Madison Copper Gold Project , located in Montana, USA. The first diamond core drill arrived on site this week and began drilling the first targets. The Company's wholly-owned Madison Project is currently under an earn-in with an option to joint venture agreement, whereby Kennecott Exploration Company [...]
American Pacific Mining Corp. is pleased to announce that it intends to complete a private placement of up to 8,181,964 units at a price of CAD$0.125 per Unit for gross proceeds of up to $1,022,746 with a strategic investor, Michael Gentile, CFA. American Pacific CEO, Warwick Smith, commented: "We are very pleased to welcome Michael Gentile as a strategic investor as exploration and drilling ramps up at our Madison [...]