Minimize

Welcome!

American Pacific Mining – More information on the 2021 Exploration Plans at the Madison Project with Partner Kennecott Exploration

Cory
March 22, 2021

Warwick Smith, President and CEO of American Pacific Mining (CSE:USGD – OTCQB:USGDF) joins me to update us on the upcoming Exploration plans at the Madison Copper Gold Project, in Montana. The program will be lead by Kennecott Exploration (a Rio Tinto Company) which has a option to earn a 70% interest by spending $30million.

Warwick and I discuss the overall budget and highlight the three main target areas being tested in the program (refer to the figure below). I also have him outline the stages of the JV agreement with Kennecott.

If you have any follow up questions for Warwick please email me at Fleck@kereport.com.

Click here to read over the full news release on the exploration program.

Figure 1. Madison Project Map Showing 2021 Interpretive Mineralization and Target Areas
Discussion
4 Comments
    cfs
    Mar 23, 2021 23:03 AM

    Every time New York opens Gold And Silver get hit.

    Wonder what happens when there is no physical left and someone demands delivery (and can’t be bought off)

    cfs
    Mar 23, 2021 23:06 AM

    New Found Gold drills 3.2m of 51.3 g/t Au at Queensland
    2021-03-23 07:40 ET – News Release
    Mr. Craig Roberts reports
    NEW FOUND INTERCEPTS 51.3 G/T AU OVER 3.20M AND 53.3 G/T AU OVER 3.10M IN STEP-OUTS TO DEPTH AT LOTTO
    New Found Gold Corp. has provided recently received assay results from two holes drilled at the Lotto zone. These holes were completed as part of the Company’s ongoing 200,000 m diamond drill program at its 100% owned Queensway Project (“Queensway”), located on the Trans-Canada Highway 15 km west of Gander, Newfoundland.

    cfs
    Mar 23, 2021 23:11 AM

    Nevada Sunrise JV drills 4.6m of 24.1 g/t Au at Kinsley
    2021-03-23 07:48 ET – News Release
    Mr. Warren Stanyer reports
    NEVADA SUNRISE REPORTS 24.1 GRAMS/TONNE GOLD OVER 4.6 METRES INTERSECTED AT THE KINSLEY MOUNTAIN GOLD PROJECT IN NEVADA
    Nevada Sunrise Gold Corp.’s joint venture partner, New Placer Dome Gold Corp., has provided assay results for mineralized holes within 10 additional reverse circulation (RC) drill holes completed during 2020 at the Kinsley Mountain gold project located near Wendover, Nev. Nevada Sunrise holds a 20.01% interest in the Kinsley Mountain joint venture, with New Placer Dome, as operator, holding a 79.99% interest.

    cfs
    Mar 23, 2021 23:15 AM

    Talon Metals drills 21.73 m of 8.35% NiEq at Tamarack
    2021-03-23 07:44 ET – News Release
    Mr. Sean Werger reports
    TALON METALS REPORTS ASSAYS FOR RECORD MASSIVE SULPHIDE INTERVAL AT THE TAMARACK NICKEL PROJECT: 21.73 METERS (71.2 FEET) GRADING 8.35% NIEQ