CARLSBAD Calif., Dec. 5, 2011 /PRNewswire/ -- Alaska Pacific
Energy Corp (OTCQB: ASKE.PK)
This company has currently acquired an 80% interest in a primary
mining and prospecting license, by way of an option agreement,
which property is located in the Lillooet Mining Division in the
province of British Columbia,
Canada.
There are 4 main BCT pilot gold claims equalling 550.43
hectares. Gold and Silver values are continuous along this
structure for 300 metres northwest. A chip sample taken over 0.9
metres assayed 11.1 grams per tonne gold and 56.9 grams per tonne
silver.
Lillooet is a community on the
Fraser River in western Canada,
about 150 miles from Vancouver.
The town had its start as one of the main centres of the Fraser
Canyon Gold Rush of 1858–59, during which it was reckoned to be
"the largest town west of Chicago
and north of San Francisco."
The first stretch of Main Street at one time was called "the
Golden Mile" partly because of all the gold dust reputed to be
scattered along it in its heyday, and also because it was the hub
of supply for the surrounding goldfields.
Gold mining and prospecting continues in the area to this day,
as do prospects for copper, silver and nephrite jade, though not to
the same extent.
The Golden Cache Mine located on Cayoosh Creek just West of
Lillooet was believed to hold one
of the richest ore bodies of gold in the world that started a local
prospecting boom with various miners and companies continuing the
search for rich veins around the region.
Jim King CEO of Alaska Pacific Energy states, "we believe it is
in the right market at the right time, and hopes to create
shareholder value with their mining exploration efforts."
GOLD THROUGH THE YEARS.....
* In March 2008, the gold price
exceeded US$1,000, achieving a
nominal high of US$1,004.38.
* Pricing soon resumed on upward momentum by temporarily
breaking the US$1000 barrier again in
late February 2009
* In October, gold successively hit new highs at $1226
* On August 22, 2011 gold reached
a new record high of $1908.00
FOR FURTHER INFORMATION PLEASE CALL
1-888-747-9911
SOURCE Alaska Pacific Energy Corp