Monday, September 16, 2019

American Pacific operator starts drilling at Tuscarora

2019-09-16 06:27 ET - News Release


Mr. Eric Saderholm reports
AMERICAN PACIFIC MINING ANNOUNCES DRILLING HAS COMMENCED AT THE TUSCARORA GOLD PROJECT, NEVADA USA

Drilling has commenced at American Pacific Mining Corp.'s Tuscarora gold project in Elko, Nev. Oceanagold, operator at the project, has contracted National EWP out of Elko, Nev., to reverse circulation (RC) drill an approximate 4,000 metres at the property, or around 10 holes.

"The upcoming drill campaign will primarily focus on following up the priority targets defined from the recent CSAMT, gravity and geological mapping programs conducted by Oceanagold," commented Eric Saderholm, president and director of American Pacific Mining. "Drilling will test targets east and west of the South Navajo vein, which has numerous historic drill holes. The Navajo vein dips to the west and the newly interpreted geophysical data indicate potential parallel east-dipping structures which have never been realized or explored in the past."

Previous drill results have displayed high-grade intervals of gold mineralization in a low sulphidation, epithermal system.

The Tuscarora district lies at the foot of Mount Blitzen on the eastern slope of the Northern Tuscarora range. The property has a relatively low silver to gold ratio and almost no base metals. Tuscarora lies in the gold-rich, southern portion of the district, and clearly displays quartz-adularia veins and stockwork associated with the dacitic intrusives and structures formed along the southeast margin of Mount Blitzen. This zone underwent local boiling and shows widespread silicification and adularization along with quartz-adularia veins, stockwork veining and vug fills in tuffs and fine-grained epiclastic rocks. The silver-rich portion of the district occurs immediately north of the project.

The state of Nevada is the United States' top gold producing state, producing 5.47 million troy ounces of gold in 2016, 81 per cent of the U.S. total.

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

About American Pacific Mining Corp.
American Pacific Mining is a gold explorer that is 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. American Pacific is eyeing a gold discovery amidst gold's next bull market.
We seek Safe Harbor.

Monday, August 19, 2019

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.