American Pacific Mining Announces Updated Technical Report for Tuscarora Property in Elko County, Nevada, USA
May 12 2020 - 8:00AM
American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK:
USGDD) (“APM” or the “Company”) is pleased to announce the
filing of a technical report (the “
Report“) for
the Company’s Tuscarora Gold Project in Elko Nevada titled,
“Technical Report Tuscarora Property, Elko County Nevada, USA”.
The Report, dated April 3, 2020 and effective as
of March 31, 2020, was prepared in accordance with National
Instrument 43-101 - Standards for Disclosure for Mineral Projects
(“NI 43-101”). The Report is available for review
on the Company’s profile on SEDAR (www.sedar.com) and was prepared
by Van Phu Bui, B.Sc., P.Geo., who is a “Qualified Person” as such
term is defined in NI 43-101.
“We are pleased to have this document updated
with the incorporation of the Oceana 2019 programs and data,”
states the Company’s President, Eric Saderholm. “Approximately
$1,000,000 (US) was spent on detailed geophysics, mapping,
sampling, drilling and database upgrades during the 2019 campaign.
This updated dataset adds further value to the Tuscarora
property.”
About American Pacific Mining
Corp.
American Pacific Mining Corp. is a gold explorer
focused on precious metal opportunities in the Western United
States. The Gooseberry Gold/Silver Project and the Tuscarora Gold
Project are two high-grade, precious metal projects located in key
mining districts of Nevada USA. The Company’s mission is to grow by
the drill bit and by acquisition. American Pacific is Eyeing a Gold
Discovery amidst gold’s next bull market.
The Company entered into a definitive agreement
with Madison Metals to acquire the Madison Copper Gold Project near
Silver Star Montana, USA (the “Madison
Project”). The Madison Project is currently under an
earn-in, joint venture agreement, whereby Kennecott Exploration
Company, part of the Rio Tinto Group may spend $30 million USD to
earn up to 70% of the Madison Project.
Qualified Person
The scientific and technical content of this
press release has been reviewed, prepared and approved by Eric
Saderholm, P.Geo. who is a "Qualified Person" as defined by NI
43-101.
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 info@marketsmart.ca
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.
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