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American Pacific Mining Corp.
Summary
| Project: | Tuscarora | |
|---|---|---|
| Deposit: | Tuscarora | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 6/28/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-6-2018: American Pacific Mining Corp. announces an Exploration/Drilling Update report for its Tuscarora deposit at the Tuscarora project. Drilling results incl. 3m @ 9.39g/t Au from 198.1m. VANCOUVER—June 28, 2018—American Pacific Mining Corp (CSE: USG | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Eric Saderholm (Not stated) | |
| ABSTRACT: | VANCOUVER—June 28, 2018—American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDF) (“APM” or the “Company”) is pleased to announce the initial results from the summer drill program at the Tuscarora Gold Project in Elko, Nevada. Highlights from the first five holes are reported below, including high-grade intercepts from the oxide mineralization known as the South Navajo Vein Zone. Eric Saderholm, President of American Pacific Mining, commented: “We are really pleased with these initial results at Tuscarora. We hit the bedrock zone approximately where we anticipated hitting it, and the significant intervals of high-grade are consistent with those seen in previous drill campaigns. It is particularly encouraging to see that hole APTU18-009, where we encountered 3 meters of 9.39 g/t including 1.5 meters of 16.0 g/t gold, was not a twinned hole, but rather was located 60 meters north of previously drilled areas.” “Assays are pending from eleven remaining holes, and after receiving these we will begin to develop a 3D model and a timeline for Phase 2 drilling,” commented Warwick Smith, CEO of American Pacific Mining. “There is a lot of unexplored acreage at Tuscarora, we look forward to continuing exploration on the Navajo Vein, the East Pediment Zone and between these zones where there is a further chance for gold discovery.” American Pacific is now in the process of separating out high-grade samples to be re-assayed via Screen Metallic Analysis to compare to the Fire Assay results. In the past, previous operators saw some assays had a wide variance of grade when comparing Fire Assays to Screen Metallic. This is quite common in higher grade vein systems containing coarse gold. Screen Metallic analysis determines the content in both the coarse and fine material after the screening process, whereby the coarse material analysis is done separately, with the fine material usually analyzed in duplicate to achieve an average value. For systems with coarse gold Screen Metallic Analysis can be a more accurate and representative method of analysis. All samples that return 1 gram or better in the fire assay will be re-analyzed using this Screen Metallic method. Screen Metallic and duplicate assay work will be performed by the accredited ALS Global Laboratory. | |
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