Core Insights - American Pacific Mining Corp. has reported significant drilling results from its Madison Project, demonstrating a structural and stratigraphic link between the historic Broadway and Madison mines, which could indicate a larger mineralized system at depth [1][4][7]. Drilling Results - The final six reverse circulation drill holes from Phase I 2025 revealed an upper zone in hole APMMAD25-08 with 44.1 g/t Au over 1.5 m within a broader interval averaging 10.2 g/t Au over 7.6 m [5][13]. - Additional significant results include 0.5% Cu over 27.4 m and 0.7 g/t Au over 16.8 m in hole APMMAD25-05, and notable pathfinder mineralization in APMMAD25-06 [5][6]. Geological Insights - The drilling results validate the geological model, confirming that the Broadway and Madison mines are part of a broader mineralized corridor, which was not identified in past exploration efforts [6][8]. - The presence of elevated bismuth tellurides and other pathfinder minerals supports the interpretation of a robust mineralizing system at depth, indicating potential for a deeper porphyry system [6][13]. Future Exploration Plans - The next phase of drilling is set to commence in the second half of 2025, utilizing data from Phase I to refine drill targets aimed at delineating a potentially substantial buried porphyry [4][13]. Historical Context - Historical mining at the Broadway mine yielded gold grades averaging 9.9 g/t Au for 144,000 ounces from 1870 to 1942, indicating a rich mining history that enhances the current exploration potential [8][20]. Economic Potential - Select drill holes testing historic material returned significant values, with APMMAD25-03 showing 0.7 g/t Au, 20.8 g/t Ag, and 0.3% Cu over 10.7 m, suggesting that previously considered waste material may provide future cash flow opportunities [14][20].
American Pacific Drills 10.2 g/t Gold over 7.6 Metres Including 44.1 g/t Gold over 1.5 Metres and Demonstrates Link Between Historic Broadway and Madison Mine Areas
Newsfileยท2025-07-30 11:00