| Announcement Date: | 2022-11-22 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | American Pacific Mining Corp. |
| Project name: | Tuscarora |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 13.72m at 2.48g/t Au from 192.02m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia / November 22, 2022 – American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) is pleased to provide a project update and assay results from the Tuscarora Project (“Tuscarora”) or (“the Project”). The Company completed 33 shallow reverse circulation (“RC”) drillholes at Tuscarora for a total of 5,515 metres (“m”) across several different target areas. Drilling at the South Navajo area defined a potential third gold zone below known mineralization and drilling and sampling along the Modoc Vein swarm has highlighted the potential for a new gold-bearing sulfide system in an area that has very limited historical drilling. Highlights from the 2022 Tuscarora Drill Program The Phase I Tuscarora program focused on infill at South Navajo and true exploration drilling on the untested Modoc and Repo targets, located in the south and west project areas. Several interesting results were encountered. Unexpected longer and consistent intercepts of lower grade mineralization have opened the potential of a broader, more bulk-mineable style of mineralization within the volcanic hosts, in addition to the obvious vein potential in the project area. These intercepts occur in both oxide and sulfide mineralization. |
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