American Pacific Mining Reports High-Grade Samples up to 125 g/t Gold from Madison Copper-Gold Project in Montana, USA

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[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 09, 2021 (GLOBE NEWSWIRE) -- American Pacific Mining Corp (CSE: USGD / OTCQB: USGDF / FWB: 1QC) (“American Pacific” or “the Company”) 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 (the “Madison 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 north of the American Pit, an area known for high-grade gold-copper skarn mineralization, where altered Radar Creek granodiorite outcrops dive under Miocene gravel cover. These samples are significant indications that high-grade gold-copper mineralization exists on the Madison Project, beyond what has previously been observed. All seven samples showed strong indications of skarn mineralization, including disseminations of pyrite and chalcopyrite with one sample showing native gold (Au) in a quartz vein. Assay values were reported by ALS Labs of Vancouver, B.C. Values of these samples ranged from 0.250 g/t Au to a high of 124.5 g/t Au, averaging 21.6 g/t Au. Copper (Cu) values ranged from 0.006 % Cu to a high of 0.264 % Cu averaging 0.067 % Cu. “The implications of mineralized skarn projecting under gravel cover near the American Pit presents a new and exciting exploration target at the Madison property,” stated American Pacific President Eric Saderholm. Previously reported samples collected from the American Pit ranged from trace to a high of 5.51 g/t Au, averaging 1.06 g/t Au. Silver values ranged between 0.25 g/t to a high of 64.9 g/t, averaging 14.84 g/t Ag. Copper values ranged from 46.8 ppm to a high of 0.841% Cu, averaging 0.248% Cu. Refer to New Release dated of August 3, 2021. Sample Security Measures were taken to ensure sample security.  Samples were submitted to the ALS Global lab by company personnel following guidelines and procedures of Rio Tinto Exploration (Kennecott).  Only authorized personnel have attended the samples. Analysis Suite for QA/QC ALS Global ran ALS Supertrace multielement four acid digest ICP-MS multicollector (ME-MS61L); Au by fire assay (Au-ICP21); RTX pXRF Cr, Nb, Si, Ta, Ti, Y, Zr (p-XRF-30 RT/p-XRF-30NDL); a...

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