Workflow
Porphyry System
icon
Search documents
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
Newsfile· 2025-07-30 11:00
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].
Sable Reports Mineralized Hydrothermal Breccia Intercepts, Including 0.58% Cu, 0.3 g/t Au, 0.13% Mo over 20.0m within 109.6m @ 0.23% Cu, 0.15 g/t Au, 589 ppm Mo at the Pyros Porphyry System in San Juan Province, Argentina
Globenewswire· 2025-06-10 11:00
Core Insights - Sable Resources Ltd. announced positive drilling results from the Pyros porphyry system at the El Fierro Project in Argentina, indicating significant copper-gold-molybdenum mineralization [1][3][23] Drilling Highlights - Hole FZ-DH-25-92 reported 6.9m of 1.01% Cu, 0.35 g/t Au, and 258 ppm Mo within a broader intercept of 48.1m of 0.31% Cu, 0.094 g/t Au, and 82.5 ppm Mo [2][16] - Hole FZ-DH-25-76 showed 49.0m of 0.22% Cu, 0.11 g/t Au, and 108 ppm Mo within a broader intercept of 110.0m of 0.17% Cu, 0.07 g/t Au, and 113 ppm Mo [3][12][16] - Hole FZ-DH-25-68 encountered a significant blind magmatic-hydrothermal breccia, with mineralization yet to be fully defined [10][16] Geological Insights - The new mineralized intercepts are believed to be related to breccias and porphyry phases at the margins of a low-grade center, suggesting a larger mineralized porphyry breccia complex may exist [3][7] - The mineralization remains open in both north-south directions and to depth, indicating potential for further exploration [3][6] Future Exploration Plans - The company plans to expand exploration efforts along the nearly 4km of phyllic alteration that remains undrilled, following a better understanding of the system's geometry and ore controls [3][6] - A new drilling program is anticipated to commence in Q4 2025 [3][20] Partnership and Funding - The drilling campaign was funded by Moxico Resources plc, which has an option to earn up to 51% of the El Fierro Project through a series of commitments over five years [1][23]