Ticker: CSE: USGD; OTC: USGDF; FWB: 1QC
Project Stage: Exploration
Commodities: Copper, Gold, Silver
American Pacific Mining Corp. (CSE: USGD / OTC: USGDF / FWB: 1QC) is a gold exploration company focused on advanced mining assets in the Western United States.
The Company owns The Madison Project currently under an earn-in, joint venture agreement, with Rio Tinto (ASX, LON: RIO). Rio Tinto may spend $30 million USD to earn up to 70% of the Madison Project.
Historical Drill Highlights
|UG17-06 including||4.60||82.87||Not significant|
|C05-06 including||8.47||Not significant||40.03|
The Tuscarora Gold Project in Elko Nevada is a high-grade epithermal project that is under earn-in, joint venture with Elko Sun Mining. Elko Sun must incur $4.5 million in exploration, make share payments, and complete a feasibility study to earn up to 80% of the project.
The Gooseberry Gold + Silver Project is a past producing mine just outside of Reno, Nevada.
Rio Tinto is presently drilling at Madison and Elko Sun will drill this year at Tuscarora. In 2020 we expect to release approx. $10 million Canadian in drill data.
American Pacific Mining will be showcasing their projects to prospective investors at Mines and Money Online Connect Global. Apply for your complimentary investor pass here.