American Pacific Mining Reports Samples up to 29 g/t Gold and 1.52% Copper at Madison Copper Gold Project in Montana, USA

About this update from American Pacific Mining Corp.

[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) -- American Pacific Mining Corp (CSE: USGD / OTCQB: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) is pleased to announce results from a sampling program at the Company’s flagship Madison Copper-Gold project (the “Madison 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 high-grade gold (Au) and copper (Cu) mineralization at the Madison Project. These samples were collected east of the American pit, known for high-grade Au-Cu skarn mineralization, where altered Rader Creek granodiorite outcrops dive under tertiary gravel cover. Six of the samples are described as skarn with disseminations of pyrite, pyrrhotite and chalcopyrite; these samples returned excellent values with up to 29 g/t Au, 1.52% Cu and 44.80 g/t Ag. Another rock sample approximately 400 meters east of the American pit included native Au in a quartz vein, returning 12.65 g/t Au, 0.98% Cu and 11.20 g/t Ag (see Table 1 for full results). Samples were prepped in Elko Nevada, analyzed by ALS Chemex, in the Vancouver lab using Au-ICP21 for Au followed by Au-Gra21 when initial analysis returns >10,000 ppb Au, for Cu, ME-MS61L analysis was used. Duplicate samples, standards and blanks all fall within an acceptable range of accuracy meeting all data verification standards. “The Madison Project continues to deliver high grade gold and copper samples,” states Eric Saderholm, President of American Pacific. “Further exploration, including drill assays are expected throughout 2021 and additional drilling is clearly warranted after the sample results are evaluated.” Assay values were reported by ALS Labs of Vancouver. Qualified Person Technical aspects of this press release have been reviewed and approved by Phil Mulholland, P.Geo and Eric Saderholm, P.Geo., the designated Qualified Persons (QP) under NI 43-101. About American Pacific Mining Corp. American Pacific Mining Corp. is a precious metals explorer focused on opportunities in the Western United States. The Company's flagship asset is the high-grade, past-producing Madison Copper-Gold project in Montana, un...

More updates from American Pacific Mining Corp.