American Pacific Mining Reports High-Grade Samples up to 125 g/t Gold from Madison Copper-Gold Project in Montana, USA
NEWS RELEASE
American Pacific Mining Reports High-Grade Samples up to 125 g/t Gold from Madison
Copper-Gold Project in Montana, USA
Vancouver, British Columbia / December 9, 2021 - American Pacific Mining Corp (CSE:
USGD / OTCQB: USGDF / FWB: 1QC) (“American Pacific” or “the Company”) is pleased
to report high -grade rock chip assays from a sampling program conducted by Kennecott
Exploration, a division of the Rio T into Group, at the Madison Copper -Gold Project (the
“Madison Project”) in Montana. The Madison Project is under a joint-venture earn-in agreement,
whereby Rio Tinto may earn up to 70% of the project by spending US $30 million.
A total of 7 rock chip samples were collected from 200 m north of the American Pit, an area known
for high-grade gold-copper skarn mineralization, where altered Radar Creek granodiorite outcrops
dive under Miocene gravel cover. These samples are significant indications that high-grade gold-
copper mineralization exists on the Madison Project, beyond what has previously been observed.
All seven samples showed strong indications of skarn mineralization, including disseminations of
pyrite and chalcopyrite with one sample showing native gold (Au) in a quartz vein.
Assay values were reported by ALS Labs of Vancouver, B.C. Values of these samples ranged from
0.250 g/t Au to a high of 124.5 g/t Au, averaging 21.6 g/t Au. Copper (Cu) values ranged from
0.006 % Cu to a high of 0.264 % Cu averaging 0.067 % Cu.
Table 1. Kennecott Rock Chip Sample Results near American Pit
Sample_ID Sample Type Au_g/t Cu_% Description
40306591 Outcrop chip 3.41 0.010 Gossanous vein NS after chalcopyrite within granodiorite
40306592 Float Grab 0.589 0.006 Quartz vein in float with gossan box works and limonite (glassy?) veins within the granodiorite
40306593 Outcrop chip 2.36 0.014 Quartz vein within granodiorite with veins of ex massive sulphides and gossan structures which look like ex chalcopyrite
40306594 Outcrop chip 0.25 0.007 Quartz pyrite vein within the granodiorite striking 030 vein is about 5cm wide with multiple veins of ex pyrite and sericite on halo
40306595 Float Grab 20.2 0.128 15cm wide quartz ex sulphide vein with disseminated pyrite. Gossan FeOx possibly after chalcopyrite
40306596 Float Grab 0.273 0.037 Quartz sulphide veining within granodiorite
40306597 Outcrop chip 124.5 0.264 Quartz vein in the granodiorite striking 040. Center line FeOx after pyrite-chalcopyrite plus in oxidized pyrite and Native Gold
Figure 1. Madison Project Sampling Map
“The implications of mineralized skarn projecting under grave l cover near the American Pit
presents a new and exciting exploration target at the Madison property,” stated American Pacific
President Eric Saderholm.
Previously reported samples collected from the American Pit ranged from trace to a high of 5.51
g/t Au, averaging 1.06 g/t Au. Silver values ranged between 0.25 g/t to a high of 64.9 g/t, averaging
14.84 g/t Ag. Copper values ranged from 46.8 ppm to a high of 0.841% Cu, averaging 0.248% Cu.
Refer to New Release dated of August 3, 2021.
Sample Security
Measures were taken to ensure sample security. Samples were submitted to the ALS Glob al lab
by company personnel following guidelines and procedures of Rio Tinto Exploration
(Kennecott). Only authorized personnel have attended the samples.
Analysis Suite for QA/QC
ALS Global ran ALS Supertrace multielement four acid digest ICP -MS multicollector (ME -
MS61L); Au by fire assay (Au -ICP21); RTX pXRF Cr, Nb, Si, Ta, Ti, Y, Zr (p -XRF-30 RT/p-
XRF-30NDL); and VNIR/SWIR spectra (TRSPEC-20/INTERP-11).
Audits or Reviews
The results of any audits or reviews of sampling techniques and data were reviewed by Kennecott
personnel. Internal review of the soil sampling results by the Company’s management is routinely
used through the course of the project.
Qualified Persons
Technical aspects of this press release ha ve been reviewed and approved by Eric Saderholm,
P.Geo. and Philip Mulholland P.Geo, the designated Qualified Persons (QP) under National
Instrument 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 divis ion of the Rio Tinto Group, which the Company acquired in 2020. For this
transaction, American Pacific was selected as a finalist in the S&P Global Platts Global Metals
Awards, an annual program that recognizes exemplary accomplishments in 16 performance
categories, including 'Deal of the Year,' the category in which American Pacific Mining
competed. The awards program is hosted by S&P Global Platts, the leading independent provider
of information and benchmark prices for the commodities and energy markets . Also in the
American Pacific's asset portfolio are the Gooseberry Silver-Gold project and the Tuscarora Gold-
Silver project: two high-grade, precious metals projects located in key mining districts of Nevada,
USA. The Company’s mission is to grow by the 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 Vancouver, BC, V6C 3A8 Canada
Contact Kristina Pillon, President, High Tide Consulting C orp., 604.908.1695 /
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