American Pacific Mining Acquires the Historic Past-Producing Gooseberry Gold Project in Nevada, USA
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NEWS RELEASE
American Pacific Mining Acquires the Historic Past-Producing Gooseberry Gold Project
in Nevada, USA
VANCOUVER—April 23, 2019—American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDF) (“APM” or
the “Company”) has staked the historic gold and silver Gooseberry Mine in Storey County Nevada, USA. The
property was staked for a total of USD$20,000 and includes 42 unpate nted claims encompassing the prospective
708 acre property.
• American Pacific acquires through
staking the historic Gooseberry Mine in
Storey Nevada
• At a cost of USD$20,000, the gold and
silver project includes 42 unpatented
claims, totaling approximately 708 acres
• Next steps include data review, sampling
and eventual drilling
Eric Saderholm, APM’s President, commented:
“The Gooseberry Project is a low sulphidation,
epithermal system with high -grade gold and
silver mineralization hosted in quartz carbonate veins. T he project was intermittently productive over the last
century, and it’s our belief that there is a lot of exploration potential remaining over the project area . When the
last operators were mining at Gooseberry, gold was only $353 dollars per ounce, so little exploration was taking
place. I look forward to reviewing the historic data and starting the 2019 sampling programs as soon as possible.”
Link to our Gooseberry Drone Video Here
“Gooseberry fits the American Pacific model of cost-effective acquisitions in the Western USA with a focus on high-
grade precious metal properties,” said Warwick Smith, APM’s CEO. “OceanaGold is now earning-in at our Tuscarora
project and has committed to spending USD$650,000 over the next 12 months — combine this with the acquisition
of a previous gold producer, the Company should have an exciting year ahead.”
Sporadic hard rock gold and silver mining took place at Gooseberry Mine between 1906-1991, with little to no
exploration occurring beneath the lower levels of the underground mine. The Ramsey district, where the project is
located, also remains under-explored compared to many other areas of Nevada. Infrastructure includes power to
the area, main highways and some roads through the project which may need minor rehabilitation.
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Historic Image of the Gooseberry Mine from Nevada Bureau of Mines and Geology; Apco Oil Corp, 1975, Document
37900032: “Shows All Levels Plus The Stock Pile, The Mill, and the Crushing Plant”
Qualified Person
Technical aspects of this press release have been reviewed and approved by Eric Saderholm, P.Geo., the
designated Qualified Person (QP) under National Instrument 43-101.
About Us
American Pacific Mining Corp. 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
35km northeast of the Carlin trend, 20km southwest of the Jerritt Canyon deposit, and 50km east-northeast of the
Midas deposit. American Pacific is Eyeing a Gold Discovery amidst gold’s next bull market.
On Behalf of the Board of American Pacific Mining Corp.
"Warwick Smith"
CEO & Director
Corporate Office: Suite 910 – 510 Burrard Street Vancouver, BC, V6C 3A8 Canada
Investor Relations: [email protected] Phone: 1-866-646-5389
Forward-looking Information
Some statements in this news release contain forward -looking information (within the meaning of Canadian
securities legislation) including, without limitation, statements as to planned exploration activities and the
expected timing of the receipt of results. These statements address future events and conditions and, as such,
involve known and unknown risks, uncertainties and other factors, which may c ause the actual results,
performance or achievements to be materially different from any future results, performance or achievements
expressed or implied by the statements. Such factors include, without limitation, customary risks of the mineral
resource industry as well as the performance of services by third parties.
Forward-looking statements are statements that are not historical facts; they are generally, but not always,
identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims,"
"potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would,"
"may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to fut ure events.
The Company cautions that Forward -looking statements are based on the beliefs, estimates and opinions of the
Company's management on the date the statements are made and they involve a number of risks and
uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such statements.
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation
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Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or
accuracy of this release.