American Pacific Reports High-Grade Drill Results with 10.4 g/t Gold over 12 Metres and 2.09% Copper over 29.7 Metres Within a Larger Mineralized Envelope at Its Madison Project

Newsfile Corp.
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Vancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific" or the "Company") is pleased to announce additional drill results from the 2024 Phase I infill and extension drill program at its Madison Copper-Gold Project in Montana.

Highlighted results for the final four drill holes from the Phase I program (see Table 1), include:

  • APMMAD24-06: 12.34 m of 10.36 g/t Au and 0.88% Cu, including 30.96 g/t Au over 3.66 m

  • APMMAD24-07: 22.40 m of 0.63 g/t Au, including 3.05 m of 1.76 g/t Au

  • APMMAD24-08: 2.90 m of 3.17 g/t Au and 2.41% Cu

  • APMMAD24-09: 3.66% Cu over 8.14 m, 29.72 m of 2.09% Cu and 9.75 m of 1.56% Cu, and 0.40 g/t Au within a broader zone of 0.98% Cu over 75.13 m

Notes: m = metres; Au = gold; Cu = copper; g/t = grams per tonne

"We are thrilled to report these additional results from our Phase I drill program at Madison," commented American Pacific CEO, Warwick Smith. "These high-grade intersections not only confirm, but significantly expand our understanding of the widespread mineralization remaining beyond what was historically mined. These results, combined with our earlier findings, paint an increasingly exciting picture of Madison's potential. The consistency and grade of mineralization we're encountering speaks volumes about the robustness of this system and the results have highlighted open-ended areas to target in Phase II."

The results from Phase I drilling show the open-ended nature of the mineralization to the west, to the south, and at depth. The historically mined mineralization strictly followed the contact of a mapped intrusive body named the Rader Creek Pluton. While this relationship was known to past miners, modern exploration efforts have not adequately tested this contact, extending to the west over 1 kilometre ("km"), and to the southeast over 2 km.

"The Rader Creek contact is virtually untested southward where it shallows into alluvial gravels that were a target for placer miners centuries ago. This presents American Pacific with numerous opportunities to expand the mineralization in the Phase II program, while further defining more regional targets for a Phase III program," commented Eric Saderholm, American Pacific's Managing Director of Exploration.

Table 1. Copper and Gold Drill Results from Holes 06,07,08,09 from the 2024 Phase I Drill Program

Drill
Hole ID

From
(m)

To
(m)

Interval
(m)

Au
(g/t)

Cu
(%)

APMMAD24-06

47.85

55.93

8.08

0.22

0.09

and

115.06

127.41

12.34

10.36

0.88

including

115.82

119.48

3.66

2.04

2.48

including

123.75

127.41

3.66

30.96

0.15

APMMAD24-07

28.35

36.58

8.23

0.55

0.00

and

52.12

74.52

22.40

0.63

0.03

including

52.12

55.17

3.05

1.76

0.01

including

67.06

72.85

5.79

1.00

0.05

APMMAD24-08

78.33

118.87

40.54

0.21

0.13

including

112.47

117.35

4.88

0.68

0.29

and

144.78

147.70

2.90

3.17

2.41

APMMAD24-09

48.77

53.80

5.03

0.46

0.02

and

130.76

205.89

75.13

0.07

0.98

including

168.40

198.12

29.72

0.13

2.09

including

187.15

190.81

3.66

0.06

8.14

including

189.30

189.90

0.60

0.11

23.77

including

190.81

200.56

9.75

0.40

1.56

 

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