American Pacific Summarizes $20 Million Exploration Budget Across Two High-Grade Copper Projects in 2024
American Pacific Summarizes $20 Million Exploration Budget Across Two High-Grade Copper Projects in 2024
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2024) - American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC) ("American Pacific" or "the Company") is pleased to provide a corporate update on its 2024 exploration programs, including the high-grade copper-zinc Palmer VMS Project in Alaska, under joint-venture with DOWA METALS & MINING ALASKA LTD. ("Dowa") and the 100%-owned Madison Copper-Gold Project in Montana.
不列顛哥倫比亞省溫哥華--(Newsfile Corp.-2024 年 5 月 2 日)- 美國太平洋礦業公司(CSE:USGD)(OTCQX:USGDF)(FSE:1QC) (”美國太平洋“或” 公司“)很高興提供其2024年勘探計劃的最新情況,包括與阿拉斯加DOWA METALS & MININING LTD合資的阿拉斯加高品位銅鋅Palmer VMS項目。(”Dowa“)以及蒙大拿州100%持股的麥迪遜銅金項目。
Following the successful completion of an oversubscribed non-brokered private placement, American Pacific has a strong treasury of CAD $6.3 million and anticipates an exploration expenditure of up to CAD $20 million in 2024, the majority of which will be funded by the Company's joint venture partners.
在成功完成超額認購的非經紀私募配售之後,American Pacific擁有630萬加元的強大資金,預計2024年的勘探支出將高達2,000萬加元,其中大部分將由公司的合資夥伴提供資金。
"We are thrilled to be ramping up with significant exploration work in the coming weeks ahead of what we expect will be a catalyst-rich year for American Pacific," commented CEO, Warwick Smith. "Palmer and Madison both have tremendous copper grades headlining their respected commodity mixes, and with up to $20 million of planned exploration work across our portfolio this year, we are excited to get underway with drilling to further test these highly prospective properties and build shareholder value."
首席執行官沃裏克·史密斯評論說:“在我們預計美國太平洋地區催化劑豐富的一年之前,我們很高興能夠在未來幾周內加大大量勘探工作的力度。”“Palmer和Madison的銅品位都很高,是他們備受推崇的大宗商品組合的頭條新聞,今年我們的投資組合中計劃進行高達2000萬美元的勘探工作,我們很高興能夠開始鑽探,以進一步測試這些極具前景的房產並創造股東價值。”
Palmer VMS Project Update
Palmer VMS 項目更新
After having reported the four (4) highest-grade copper intercepts ever drilled at the Palmer Project earlier this year, American Pacific, with its joint venture partner at Palmer, Dowa, plan to spend approximately CAD $17.5 million (USD $12.8 million [see March 25th, 2024 news release]) on exploration and development work in 2024. The program will include diamond drilling expected to commence in mid-June to follow up on previous drilling with a focus on mineral resource expansion.
在報告了今年早些時候在帕爾默項目鑽探的四(4)個最高品位的銅截留物之後,美國太平洋公司與其位於Dowa帕爾默的合資夥伴計劃花費約1,750萬加元(合1,280萬美元)[見3月25日]第四,2024年新聞稿]),內容涉及2024年的勘探和開發工作。該計劃將包括預計於6月中旬開始的鑽石鑽探,這是對先前鑽探的後續行動,重點是礦產資源擴張。
Recent Palmer Drill Highlights (see January 10, 2024 news release)
近期帕爾默鑽探亮點 (見 2024 年 1 月 10 日新聞稿)
- CMR23-172 Zone 1: 43.8 m of 6.54% Cu, 3.15% Zn, 0.42 g/t Au and 27.97 g/t Ag (8.22% CuEq)
- CMR23-167 Zone 1: 37.1 m of 4.57% Cu, 8.44% Zn, 0.50 g/t Au and 29.33 g/t Ag (8.40% CuEq)
- CMR23-169 Zone 1: 33.2 m of 5.48% Cu, 7.22% Zn, 0.64 g/t Au and 36.78 g/t Ag (8.95% CuEq)
- CMR23-171 Zone 1: 23.9 m of 9.03% Cu, 3.49% Zn, 0.83 g/t Au and 41.75 g/t Ag (11.15% CuEq)
- CMR23-168 Zone 1: 28.4 m of 2.29% Cu, 4.01% Zn, 0.21 g/t Au and 26.61 g/t Ag (4.20% CuEq)
- CMR23-174 Zone 2-3: 39.8 m of 1.11% Cu, 4.34% Zn, 0.45 g/t Au and 32.45 g/t Ag (3.31% CuEq), including 17.8 m grading 1.05% Cu, 8.86% Zn, 0.94 g/t Au and 66.24 g/t Ag (5.54% CuEq)
- CMR23-172 區域 1: 43.8 m 的 6.54% 銅、3.15% 的鋅、0.42 g/t Au 和 27.97 g/t Ag(8.22% CueQ)
- CMR23-167 區域 1: 37.1 m 的 4.57% 銅、8.44% 的鋅、0.50 g/t Au 和 29.33 g/t Ag(8.40% CueQ)
- CMR23-169 區域 1: 33.2 m 含 5.48% 銅、7.22% 鋅、0.64 g/t Au 和 36.78 g/t Ag(8.95% CueQ)
- CMR23-171 區域 1: 23.9 m 的 9.03% 銅、3.49% 的鋅、0.83 g/t Au 和 41.75 g/t Ag(11.15% CueQ)
- CMR23-168 區域 1:28.4 m 的 2.29% 銅、4.01% 的鋅、0.21 g/t Au 和 26.61 g/t Ag(4.20% CueQ)
- CMR23-174 區域 2-3:39.8 m 的 1.11% 銅、4.34% 的鋅、0.45 g/t 的金和 32.45 g/t Ag(3.31% CueQ),包括 17.8 m 品位爲 1.05% 銅、8.86% 鋅、0.94 g/t Au 和 66.24 g/t Ag(5.54% CueQ)
Notes: m = metres, Cu = copper, Zn = zinc, Au = gold, Ag = silver, CuEq = copper equivalent and g/t = grams per tonne. Copper equivalents ("CuEq") calculated using the same metal prices and recovery assumptions as the Company's NI 43-101 Technical Report (JDS 2022). See Tables 1-3 for all new assay results and corresponding disclosure notes (metres = m).
備註:m = 米,銅 = 銅,鋅 = 鋅,金 = 金,銀,CueQ = 銅當量,g/t = 每噸克數。銅當量(“CueQ”)使用與公司NI 43-101技術報告(JDS 2022年)相同的金屬價格和復甦假設計算得出。有關所有新的化驗結果和相應的披露說明(米 = m),請參見表 1-3。
Of the projected CAD $17.5 million, American Pacific will contribute approximately CAD $1 million (USD $750,000).
在預計的1750萬加元中,美國太平洋將出資約100萬加元(合75萬美元)。
Previous drilling has demonstrated the potential for significant mineralization beyond the current mineral resource estimate, which currently hosts 4,677 tonnes of 3.92% CuEq Indicated and 9,594 tonnes of 3.40 % CuEq. There are at least sixteen (16) separate known mineralized showings (many undrilled) across the Palmer Project with only two deposit areas included in the 2019 Amended Preliminary Economic Assessment.
先前的鑽探表明,除了目前的礦產資源估計值外,還有可能出現顯著的礦化作用,目前該估算值爲4,677噸 3.92% CueQ,9,594噸 3.40% CueQ。Palmer項目中至少有十六(16)個獨立的已知礦化岩層(許多尚未鑽探),而2019年經修訂的初步經濟評估中僅包括兩個礦牀區域。
The North Wall Alteration Zone, interpreted to be the fault offset of the South Wall Zone, presents an opportunity to substantially increase the mineral resource base and will be drilled for the first time in 2024. A successful 2024 drill program could be a major catalyst for American Pacific, with a backdrop of rising copper prices.
北牆改動區被解釋爲南牆區的斷層補償,爲大幅增加礦產資源基礎提供了機會,並將於2024年首次進行鑽探。在銅價上漲的背景下,2024年的成功鑽探計劃可能成爲美國太平洋的主要催化劑。
Madison Copper-Gold Project Update
麥迪遜銅金項目更新
The fully funded 2024 exploration program at Madison is expected to commence in 30-45 days and will include a five-hole, 1,350 m Phase I diamond drill program targeting near-mine mineralization and extensions. Phase I drilling will, in part, follow up on historical drilling successes, (C05-06: 14.69 m of 12.10 g/t Au and further downhole 61.63 m of 6.97% Cu) where the Company believes further drilling can support future mineral resource estimation. The program will also focus on untested, but highly prospective areas identified through the interpretation of historical and recent datasets. Phase II will focus both on follow-up of successful Phase I drilling, and on deeper regional targets within the western portion of the property that has shown undrilled gold targets with surface values of up to 48.5 g/t Au, which the Company believes could be indicative of a buried intrusive heat source.
麥迪遜市2024年資金充足的勘探計劃預計將在30-45天內啓動,其中包括一項五孔、1350米的第一期金剛石鑽探計劃,目標是礦山附近的礦化和延伸。第一階段的鑽探將在一定程度上是對歷史鑽探成功的後續行動(C05-06:14.69米的12.10克/噸金,進一步的井下61.63米,銅含量爲6.97%),該公司認爲進一步的鑽探可以支持未來的礦產資源估計。該項目還將重點關注通過解讀歷史和最新數據集而確定的未經測試但極具前景的領域。第二階段將側重於第一階段成功鑽探的後續行動,以及該物業西部更深的區域目標,該區域已顯示未鑽探的黃金目標,其表面價值高達48.5 g/t Au,該公司認爲這可能表明存在埋藏的侵入性熱源。
Previous Madison Drill Highlights
之前的麥迪遜演習亮點
- UG17-05: 38.18 m of 24.5 g/t Au, 0.39% Cu
- UG17-06: 10.97 m of 41.65 g/t Au, 0.38% Cu, including 4.60 m of 82.87 g/t Au
- 86-6: 7.31 m of 25.75 g/t Au
- C05-06: 14.69 m of 12.10 g/t Au
- C05-06: 61.63 m of 6.97% Cu, including 8.47 m of 40.03% Cu
- C06-08: 84.70 m of 1.89% Cu
- C06-08: 2.70 m of 41.73 g/t Au, 19.58% Cu
- UG17-05: 38.18 m 的 24.5 g/t 金,0.39% 銅
- UG17-06: 10.97 m 的 41.65 g/t Au,0.38% Cu,包括 4.60 m 的 82.87 g/t Au
- 86-6: 7.31 m 的 25.75 g/t Au
- C05-06: 14.69 m 的 12.10 g/t Au
- C05-06: 61.63 m 的 6.97% Cu,包括 8.47 m 的 40.03% Cu
- C06-08: 84.70 m 的 1.89% 銅
- C06-08: 2.70 m 41.73 g/t 金,19.58% 銅
American Pacific continues to actively explore strategic partnerships for its portfolio of Nevada-based projects and is committed to identifying suitable partners that share its vision and commitment to sustainable exploration and development.
American Pacific繼續積極探索其內華達州項目組合的戰略合作伙伴關係,並致力於尋找與可持續勘探和開發有着共同願景和承諾的合適合作伙伴。
Qualified Person Statement
合格人員聲明
Technical aspects of this press release have been reviewed and approved by the designated Qualified Person under National Instrument 43-101, Eric Saderholm, P.Geo.
本新聞稿的技術方面已由國家儀器43-101指定的合格人員埃裏克·薩德霍爾姆(P.Geo)的審查和批准。
About American Pacific Mining Corp.
關於美國太平洋礦業公司
American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. The Company has two flagship assets: the Palmer Project, a Volcanic Massive Sulphide-Sulphate (VMS) project in Alaska, under joint-venture partnership with Dowa Metals & Mining, owner of Japan's largest zinc smelter; and the Madison Project, a past-producing copper-gold project in Montana. For the Madison transaction, American Pacific was selected as a finalist in both 2021 and 2022 for 'Deal of the Year' at the S&P Global Platts Global Metals Awards, an annual program that recognizes exemplary accomplishments in 16 performance categories. Also, in American Pacific's asset portfolio are high-grade, precious metals projects located in key mining districts in Nevada, USA, including the Ziggurat Gold project, partnered with Centerra Gold and the Tuscarora Gold-Silver project. The Company's mission is to grow by drill bit and by acquisition.
美國太平洋礦業公司是一家貴金屬和基本金屬勘探和開發商,專注於美國西部的機遇。該公司擁有兩項旗艦資產:帕爾默項目,一個位於阿拉斯加的火山塊狀硫化物(VMS)項目,與日本最大的鋅冶煉廠的所有者Dowa Metals & Mining合資合作;以及麥迪遜項目,一個過去在蒙大拿州生產銅金的項目。在麥迪遜交易中,美國太平洋在2021年和2022年均入圍標普全球普氏全球金屬獎的 “年度交易” 決賽,該獎項是一項旨在表彰在16個業績類別中取得的卓越成就的年度計劃。此外,美國太平洋的資產組合中還有位於美國內華達州主要礦區的高等級貴金屬項目,包括與Centerra Gold合作的Ziggurat黃金項目和塔斯卡羅拉金銀項目。該公司的使命是通過鑽頭和收購實現增長。
On behalf of the American Pacific Mining Corp Board of Directors:
代表美國太平洋礦業公司董事會:
Warwick Smith, CEO & Director
Corporate Office: Suite 910 - 510 Burrard Street
Vancouver, BC, V6C 3A8 Canada
Warwick Smith,首席執行官兼董事
公司辦公室:布拉德街 910-510 號套房
加拿大不列顛哥倫比亞省溫哥華 V6C 3A8
Investor relations contact:
投資者關係聯繫人:
Kristina Pillon, High Tide Consulting Corp.
604.908.1695 / Kristina@americanpacific.ca
克里斯蒂娜·皮隆,High Tide 諮詢公司
604.908.1695/Kristina@americanpacific.ca
Media relations contact:
媒體關係聯繫人:
Adam Bello, Primoris Group Inc.
416.489.0092 / media@primorisgroup.com
亞當·貝洛,Primoris Group Inc.
416.489.0092/media@primorisgroup.com
Full disclosure can be found in the Company's NI 43-101 Technical Report for the Madison Project and NI 43-101 Technical Report for the Palmer Project (americanpacificmining.com).
完整的披露可以在該公司的《NI 43-101麥迪遜項目技術報告》和《NI 43-101帕爾默項目技術報告》(americanpacificmining.com)中找到。
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
加拿大證券交易所既沒有批准也沒有反對本新聞稿的內容。
譯文內容由第三人軟體翻譯。