American Pacific Mining Corp.
American Pacific Mining is a precious metal explorer focused on opportunities in the Western United States. The Company's flagship asset, which it acquired in 2020, is the high-grade, past-producing Madison copper-gold project in Montana, USA, under option to joint venture with Kennecott Exploration, a division of the Rio Tinto Group, whereby Rio Tinto may spend US $30M to earn 70% of the project. For this transaction, American Pacific has been selected as a finalist in the S&P Global Platts Global Metals Awards.
Also in the American Pacific's asset portfolio are the Gooseberry gold-silver project and the Tuscarora gold project – two high-grade precious metal projects located in key mining districts of Nevada, United States. The Company's mission is to grow by the drill bit and by acquisition.
Madison Copper-Gold Project, Montana, USA
2021 Exploration Program at Madison
Rock Geochemistry Compilation
American Pacific has compiled the historic surface rock samples. This is the first time all of the historic data have been compiled and put into a visual format.
Eric Saderholm, president of American Pacific, stated: "This newly compiled data set shows the broad occurrences of mineralization found at the Madison project. It is impressive and clearly shows high-grade gold and copper numbers distributed throughout the property. The higher-grade mineralization is hosted in a large array of different styles and textures, including high-level quartz veins, iron-rich skarns, copper- and gold-bearing jasperoids and massive sulphides. The presence of these grades and values furthers the interest in the Madison project and is a main driving component for accelerated exploration on rapidly evolving targets. We anticipate a productive exploration year in 2021."(See news release dated June 9, 2021)
Management and Directors
Warwick Smith, CEO & Director
Mr. Smith is a venture capitalist specializing in corporate finance and development for publicly traded companies. He has a background in marketing and finance, and formerly served as co-founder and Chief Executive Officer of Western Pacific Resources Corp. (TSXV: WRP).
Eric Saderholm, President & Director
Mr. Saderholm is a professional Senior Geologist and former Newmont Exploration Manager for the Western US. Mr. Saderholm has worked on many large mines and projects including Bingham Canyon, Carlin, Midas, Gold Quarry, Twin Creeks, Lonetree, Mule Canyon, Black Pine, Genesis and Yanacocha. He has almost 3 decades of experience in the minerals industry.
Alnesh Mohan, Director, CFO & Corporate Secretary
Mr. Alnesh is a finance executive with over 20 years of experience providing advisory services. He has been a partner at Quantum Advisory Partners LLP since 2005. He is a Chartered Professional Accountant (CPA, CA).
Ken Cunningham, Director
Mr. Cunningham brings over 44 years of experience in worldwide, diversified mineral exploration and mining geology, from geologist to executive management. Mr. Cunningham has proven skills in building successful exploration teams, acquiring key projects, negotiating joint ventures and strategic alliances, as well as building awareness in the investment and financial industry.
Joness Lang, Director
Mr. Lang is an executive leader with over 12 years of capital markets and corporate development experience in the natural resource sector with experience negotiating and structuring project acquisitions and JV partnerships. Mr. Lang is currently the Executive VP of Maple Gold Mines Ltd.
On August 4, 2021, American Pacific Mining Corp. reported commencement of drone magnetic survey at Madison Copper-Gold Project.
On August 3, 2021, American Pacific Mining Corp. reported samples returned excellent values with up to 29 g/t gold, 1.52% copper and 44.80 g/t silver at Madison Copper-Gold Project.
On July 26, 2021, American Pacific Mining Corp. announced that it has recently sampled up to 59.45 g/t gold at its Tuscarora Gold Project.