American Pacific samples 18.45 g/t Au

American Pacific samples 18.45 g/t Au at Gooseberry

2019-06-05 10:03 ET - News Release

Mr. Warwick Smith reports

AMERICAN PACIFIC MINING ANNOUNCES GOOSEBERRY GRAB SAMPLES, FROM TRACE TO 18.45 G/T GOLD, 595 G/T SILVER
American Pacific Mining Corp. has released assay results from recent grab samples from the Gooseberry precious metal project near Reno, Nev. American Pacific Mining recently acquired the past-producing project through staking (refer to press release April 23, 2019). A total of nine initial samples were taken from the dumps and old mineralized stockpiles at Gooseberry, with highlight results including the following:

• Sample GB19ECS-007 (1.05 kilograms) -- 18.45 grams per tonne gold and 595 grams per tonne silver;
• Sample GB19ECS-003 (0.59 kilograms) -- 17.75 grams per tonne gold and 310 grams per tonne silver;
• Sample GB19ECS-001 (1.25 kilograms) -- 10.25 grams per tonne gold and 218 grams per tonne silver;
• Sample GB19ECS-006 (0.70 kilogram) -- 10.20 grams per tonne gold and 273 grams per tonne silver.

"Initial assays from grab samples at the Gooseberry project are really encouraging, with elevated silver and gold grades," commented chief executive officer Warwick Smith. "When Asamera Minerals was producing at the Gooseberry mine in the late 1980s, they shifted focus to the tailings. The stockpiled materials appear to be indicative of the materials they were mining at the later mining phases. More sampling across the property will take place at Gooseberry shortly."
Samples were taken from mineralized vein material composed of dolomite, calcite and quartz. Grab samples are selective samples and may not necessarily be representative of the mineralization hosted on the property. Historically, mined materials were brought to the surface and stockpiled at Gooseberry, crushed and then run through a heap leach. These nine samples were taken from materials most likely extracted late in the mining phase due to their location on the upper stockpile. Some materials have gone through a primary crushing process only. According to historical records, Asamera ceased hard-rock mining during 1989 due to low metals prices and higher underground production costs and moved to the more easily accessible mine tailings.

       AMERICAN PACIFIC MINING 2019 GRAB SAMPLES FROM 
            GOOSEBERRY PRECIOUS METAL PROJECT,
                   STOREY COUNTY, NEVADA

                Method         WEI-21    Au-AA26    Ag-GRA22

               Analyte       Received         Au          Ag   
                           weight (kg)      (ppm)       (ppm) 
  
Sequence   Description           0.02       0.01           5   
 
001        GB19ECS-001           1.25      10.25         218   
002        GB19ECS-002           0.63       1.83          14   
003        GB19ECS-003           0.59      17.75         310   
004        GB19ECS-004           1.05       0.94          37   
005        GB19ECS-005           0.89       1.76          89   
006        GB19ECS-006           0.70      10.20         273   
007        GB19ECS-007           1.05      18.45         595   
008        GB19ECS-008           0.78       2.70          33   
009        GB19ECS-009           1.09       0.06          <5   
 

The Gooseberry precious metal property is located in the Ramsey mining district in Storey county, Nevada, United States, approximately 24 miles east of Reno. The principal vein structure has been explored along strike for around 3,000 feet. The property contains high-grade gold-silver-bearing quartz-calcite vein structures. It is characterized as a low-sulphidation epithermal system, typified by banded to cockscomb quartz textures and the presence of adularia and kaolinite.

Quality assurance/quality control
Samples were sent to ALS Elko located at 1345 Water St., Elko, Nev., United States, for CRU-32, CRU-QC, DRY-22, PUL-32M, PUL-QC, SND-ALS and WEI-21. Samples were processed at ALS Reno located at 4977 Energy Way, Reno, Nev., United States, for Ag-Gra22, and Au-AA26. Grab samples were randomly selected from the stockpile, bagged and transported by American Pacific Mining president and qualified person Eric Saderholm. Preparation by the lab included weighing and crushing quality control test, pulverizing quality control test, drying, fine crushing 90 per cent less than two millimetres, sample splitting with a riffle splitter, and pulverizing 1,000 grams to 85 per cent less than 75 micrometres. Analytical procedures include Ag-GRA22 (silver 50 grams FA-GRAV finish with WST-SIM instrument), and Au-AA26 (ore-grade gold 50 grams FA-AA finish with AAS instrument).

Qualified person
Technical aspects of this press release have been reviewed and approved by Eric Saderholm, PGeo, the designated qualified person under National Instrument 43-101.

About American Pacific Mining Corp.
American Pacific Mining is a gold explorer focused on precious metal opportunities in the Western United States. Tuscarora is a high-grade, early-stage gold project located in a prime precious metal district in Nevada, only 35 kilometres northeast of the Carlin trend, 20 kilometres southwest of the Jerritt Canyon deposit and 50 kilometres east-northeast of the Midas deposit.
We seek Safe Harbor.