American Pacific's Tuscarora surveys find new targets

2019-08-14 07:34 ET - News Release

Mr. Warwick Smith reports

AMERICAN PACIFIC MINING ANNOUNCES NEW TARGETS UNCOVERED AT THE TUSCARORA GOLD PROJECT, NEVADA

The gravity and CSAMT key geophysical ground surveys conducted at American Pacific Mining Corp.'s Tuscarora gold project are now complete. Oceanagold has updated the geophysics and the 3-D model and in doing so has identified a number of target areas within the Tuscarora project area.
Tuscarora is a high-level, epithermal gold/silver district containing numerous precious metal veins within the project area. Mineralization is coeval with that found in the nearby world-class Carlin and Cortez trends but differs in that it is hosted in a 40-million-year-old volcanic rock sequence on the flanks of an ancient caldera. Historic drilling along the South Navajo zone has intersected high-grade mineralization from the South Navajo vein, just one of many veins that project into the property and are covered by pediment gravels.

Previous drill campaign highlights are provided in the associated tables.