American Pacific Mining Announces Progress Made in Gooseberry Mine Data Hunt
NEWS RELEASE
American Pacific Mining Announces Progress Made in Gooseberry Mine Data Hunt
VANCOUVER—Oct 21, 2019—American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDF) (“APM” or
the “Company”) is pleased to announce the Company has located approximately ten boxes of Gooseberry Mine
data from a previous mine owner, Asamera Minerals Inc. With the assistance of the Nevada Bureau of Mines and
Geology, data that includes historic assays information, surface grid maps, drill hole location maps, some drill hole
information and detailed underground stope maps were located within The Great Basin Science Sample and
Records Library. The data is now being processed and reviewed by the GIS team to begin initial internal modelling
of the property.
President of APM, Eric Saderholm, commented: “This Gooseberry data ties together with the information we had
so that we can now assemble an internal three-dimensional model of the project. This essential data will guide all
future exploration programs in the historic Gooseberry Mine area. Previous mining records and historic drill results
from Asamera’s time display the grade potential, at the mine’s lowest level and the eastern and western areas
where the extent of mineralization has not yet been explored.”
APM staked the historic Goosberry Mine for US$20,000 April 23, 2019. Refer to APM Announces Gooseberry Grab
Samples, from trace to 18.45 g/t Gold, 595 g/t Silver June 5, 2019 for more information on the Gooseberry Project.
About the Gooseberry Gold Project
The Gooseberry Gold Project is located in the Ramsey District in Storey County, Nevada approximately 24 miles
east of Reno. The Project includes 42 unpatented claims totalling 708 -acres, encompassing the historical
Gooseberry gold -silver mine. The historical Gooseberry mine has been developed vertical ly to 1450 feet from
surface with significant underground development across seven of ten underground levels. The principal vein
structure has been explored along strike for approximately 3000 feet (Tingly, 1990). The Property contains gold -
silver bearing quartz-calcite vein structures that are characterized as low -sulfidation epithermal style
mineralization typified by banded to cockade quartz textures and the presence of adularia and kaolinite.
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.
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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 f uture 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 manage ment 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
Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequac y or
accuracy of this release.