American Pacific Mining Announces Drilling Has Commenced at the Tuscarora Gold Project, Nevada USA
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NEWS RELEASE
American Pacific Mining Announces Drilling Has Commenced at the Tuscarora Gold
Project, Nevada USA
VANCOUVER—Sept 16, 2019—American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDF) (“APM” or
the “Company”) is pleased to announce that drilling has commenced at the Tuscarora Gold Project in Elko Nevada.
OceanaGold Corporation, operators at the project, have contracted National EWP out of Elko Nevada to reverse
circulation (“rc”) drill an approximate 4000 meters 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 program s conducted by OceanaGold,” commented Eric Saderholm,
President & Director of APM. “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.”
The below long section depicts a selection of intercepts from the South Navajo Vein’s previous drill campaign
highlights.
Long Section of the South Navajo Vein, Tuscarora Gold Project, Elko Nevada
Previous drill results found at this link https://americanpacific.ca/projects/tuscarora/ have displayed high-grade
intervals of gold mineralization in a low sulphidation, epithermal system.
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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 v eins 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 USA’s top gold
producing state, producing 5.47 million
troy ounces of gold in 2016, 81% of the
US total (Source: Major Mines of Nevada,
by Rich Perry and Mike Visher).
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 American Pacific Mining Corp.
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.
About OceanaGold Corp.
OceanaGold Corporation is a mid -tier, high -margin, multinational gold producer with assets located in the
Philippines, New Zealand and the United States. The Company’s assets encompass the Didipio G old-Copper Mine
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located on the island of Luzon in the Philippines. On the North Island of New Zealand, the Company operates the
high-grade Waihi Gold Mine while on the South Island of New Zealand, the Company operates the largest gold
mine in the country a t the Macraes Goldfield which is made up of a series of open pit mines and the Frasers
underground mine. In the United States, the Company operates the Haile Gold Mine, a top -tier, long-life, high-
margin asset located in South Carolina. OceanaGold also has a significant pipeline of organic growth and
exploration opportunities in the Americas and Asia-Pacific regions.
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
Contact MarketSmart: 1.877.261.4466 [email protected]
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 cause 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 future 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 involv e 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
Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or
accuracy of this release.