American Pacific Mining Reports Results from Downhole Geophysics Program at its Madison Copper-Gold Project in Montana, USA
NEWS RELEASE
American Pacific Mining Reports Results from Downhole Geophysics Program at
its Madison Copper-Gold Project in Montana, USA
Vancouver, British Columbia / November 15, 2021 - American Pacific Mining Corp (CSE: USGD /
OTCQB: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) is pleased to report results
from a geophysics program at its Madison Copper-Gol d project in Montana conducted by Kennecott
Exploration (“ KEX ”), a division of the Rio Tinto Group, which show downhole electro-magnetic survey
anomalies suggesting untested continuation of high grade copper mineralization. The Madison project is
under a joint venture earn-in agreement, whereby Ri o Tinto may earn 70% of the project by spending
US $30 million.
Big Sky Geophysics have recently completed and interpreted a down hole TDEM survey from drill holes
MADN0025, MADN0026, MADN0027 and MADN0028 with the intent of mapping down hole sulfide
zones associated with skarn mineralization.
The best response of the survey occurs at station 2 55 in MADN0028 which shows a strong response
indicating continued, untested sulfide mineralizati on at depth. There is a similar response at the bot tom
of holes MADN0025 and MADN0026 that furthers the po tential for deeper sulfides. There were no
significant conductors in drill hole MADN0027.
Four models were developed from this survey and prove to be valid and reliable in defining a conductor
in a high-grade Au-Cu skarn zone. These conductors are positioned directly in line with the down-dip
projection of the Au-Cu skarn mineralization and indicate that this zone continues at depth (see Figure 1).
Figure 1. Electromagnetic Anomaly Plan Figure
Figure 2. Section Figure Electromagnetic Anomaly
These TDEM conductors indicate a potential network of interlocking sulfides located near the Radar
Creek intrusive-Madison Limestone contact that are commonly mineralized and offer strong potential to
extend mineralization to depth.
“These downhole geophysical results are exciting and point to an intriguing target as the upper two plates
line up with existing known mineralization,” states President Eric Saderholm. “Two plates intersect
outside of the tested area along strike and down-plunge and two other plates intersect close to where we
have the bulk of the deeper mineralization. This pr ovides ample evidence that sulfides that have
historically been associated with gold and copper persist at depth.”
For further context and additional historic drillin g results, please consult the technical report for the
Madison Project dated effective February 22, 2019, which was prepared in accordance with National
Instrument 43-101 - Standards for Disclosure for Mineral Projects (“ NI 43-101 ”) which is available on
the Company’s website:
https://americanpacific.ca/site/assets/files/3775/2019-03-04_brd_ni_43-101_report.pdf
Qualified Person
Technical aspects of this press release have been reviewed and approved by Phil Mulholland, P.Geo. and
Eric Saderholm, P.Geo., the designated Qualified Persons (QP) under NI 43-101.
About American Pacific Mining Corp.
American Pacific Mining Corp. is a precious metals explorer focused on opportunities in the Western
United States. The Company's flagship asset is the high-grade, past-producing Madison Copper-Gold
project in Montana, under option to joint venture with Kennecott Exploration Company, a division of the
Rio Tinto Group, which the Company acquired in 2020. For this transaction, American Pacific has been
selected as a finalist in the S&P Global Platts Global Metals Awards, an annual program that recognizes
exemplary accomplishments in 16 performance categor ies, including 'Deal of the Year,' the category in
which American Pacific Mining is competing. The awards program is hosted by S&P Global Platts, the
leading independent provider of information and ben chmark prices for the commodities and energy
markets. Also in the American Pacific's asset portf olio are the Gooseberry Gold-Silver project and the
Tuscarora Gold project: two high-grade, precious me tals projects located in key mining districts of
Nevada, USA. The Company’s mission is to grow by th e drill bit and by acquisition.
On Behalf of the Board of American Pacific Mining Corp.
“Warwick Smith”
CEO & Director
Corporate Office: Suite 910 – 510 Burrard Street Va ncouver, BC, V6C 3A8 Canada
Contact Kristina Pillon, President, High Tide Consu lting Corp., 604.908.1695 /
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its
Regulation Services Provider (as that term is defin ed in the policies of the CSE) accepts responsibili ty
for the adequacy or accuracy of this release.