American Pacific Mining Announces that its 2020 Drill Program has Commenced at its Madison Mine Project
2020年7月30日 - 9:00PM
American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK:
USGDF) (“American Pacific” or the “Company”) is pleased to
announce the commencement of the 2020 drilling program at the
Madison Project located in Silver Star, Montana, USA. The Company’s
field operations and preliminary work on the project began in June
of this year and the program is now moving forward. The Madison
Project is currently under an earn-in, joint venture agreement,
whereby Kennecott Exploration Company, part of the Rio Tinto Group
may spend $30 million USD to earn up to 70% of the Madison Project
(see new release dated June 6, 2020).
The 2020 drill program will target over one
kilometer of strike length of the Madison mineralization and will
drill test areas south of the Madison Mine in the vicinity of the
historic Broadway and Hudson Mines.
“American Pacific is pleased to see the 2020
exploration and drilling program initiated and we are working with
the Kennecott Exploration team to ensure safe working conditions
during these unique times. The 2020 drill program mainly targets
extensions of the high-grade copper and gold mineralization that
has been historically drilled and locally mined on the Madison
Mines property,” states Warwick Smith, the Company’s CEO.
Qualified Person
Technical aspects of this press release have
been reviewed and approved by Eric Saderholm, P.Geo., the
designated Qualified Person (QP) under National Instrument
43-101.
About American Pacific Mining
Corp.
American Pacific Mining Corp. is a gold explorer
focused on precious metal opportunities in the Western United
States. The Madison Mine in Montana under joint venture with Rio
Tinto is our flagship asset. The Gooseberry Gold/Silver Project and
the Tuscarora Gold Project are two high-grade, precious metal
projects located in key mining districts of Nevada USA. The
Company’s mission is to grow by the drill bit and by
acquisition.
On Behalf of the Board of American Pacific
Mining Corp.
"Warwick Smith" CEO & Director
Corporate Office: Suite 910 – 510 Burrard Street Vancouver, BC,
V6C 3A8 Canada Contact Kristina Pillon, President, High Tide
Consulting Corp., 604.908.1695 / Kristina@americanpacific.ca
The CSE has neither approved nor disapproved the
contents of this news release. Neither the CSE nor its Regulation
Services Provider (as that term is defined in the policies of the
CSE) accepts responsibility for the adequacy or accuracy of this
release.
American Pacific Mining (CSE:USGD)
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