Welcome to our dedicated page for American Pacific news (Ticker: USGDF), a resource for investors and traders seeking the latest updates and insights on American Pacific stock.
American Pacific Mining Corp (USGDF) delivers focused exploration updates through this dedicated news hub. Track official announcements and developments from the company advancing high-potential copper-zinc and precious metals projects in Alaska's Palmer VMS system and Montana's Madison district.
This resource provides investors with timely access to operational milestones, including drilling results, resource estimates, and partnership developments. All content undergoes strict verification to ensure compliance with NI 43-101 technical reporting standards and financial disclosure requirements.
Key updates cover exploration progress at flagship projects, strategic joint venture announcements, and technical report publications. The curated feed serves as a centralized source for understanding the company's methodical approach to mineral resource development in established mining jurisdictions.
Bookmark this page for direct access to verified updates about USGDF's systematic exploration programs and asset development strategies. Regular monitoring ensures informed tracking of this active precious/base metals explorer's operational trajectory.
American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF) announced high-grade assay results from its 2022 rock sampling at the Tuscarora Project in Nevada. Out of 22 samples, 7 yielded no gold or silver, while the highest-grade sample recorded was 205.83 g/t Au from the Repo Vein target. Drilling commenced on May 22, 2022, focused on this area. The company's president highlighted strong gold and silver values in newly tested areas, indicating potential for further exploration. American Pacific aims to expand through drilling and acquisitions.
American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF) announced progress on its Tuscarora Gold Project in Nevada, having completed 13 of a planned 70 holes in a 17,000 metre drill program. Initial assay results are pending, with significant findings of high-grade gold and silver reported in previous samples. The company staked an additional 53 claims, expanding the project to 268 claims over 5,370 acres. New sampling and assaying procedures will address discrepancies in assay results, leading to delays but aiming for more accurate measurements.
American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF) has expanded its South Lida Project in Nevada by staking an additional 64 claims, bringing the total land package to 1,500 acres. A new sampling program is set to evaluate these claims, contributing to an updated NI 43-101 Technical Report expected later this year. Historical sampling has returned significant gold, silver, and copper values, indicating the project's potential. The company seeks a joint venture partner to advance exploration activities.
American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF) announces a soil sampling program at its Gooseberry Silver Project, covering approximately 827 acres, to enhance drill targeting ahead of a CAD $2.5 million drill program planned for later this year. The initiative includes collecting 4,161 soil samples, of which 536 are already submitted for assay. The results will refine targets for Phase II drilling scheduled for late 2022 following successful Phase I drilling in 2021, which revealed multiple mineralized veins.
American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF) announced a preliminary exploration program for its Madison Copper-Gold Project in Montana. Following a successful 2021 campaign, the company is collaborating with Kennecott Exploration to build a 3-D geologic model of the area. The 2022 program will focus on gold mineralization and include an in-depth review by a skarn expert. In 2021, KEX executed a $2.7 million drilling program, yielding high-grade results, notably 14.44 g/t gold over 6.53 m in drill hole MADN0033.
American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF) announced promising results from its 2021 drill program at the Gooseberry Silver Project in Nevada. The Phase I program consisted of 15 holes and 4,581 meters of drilling, with significant findings including a new vein identified close to known mineralization. Notably, drill hole GB21-09 revealed 17.5 m of 95.5 g/t silver and 0.94 g/t gold. The company is advancing to a Phase II drilling program and plans a geochemical sampling program to refine future targets.
American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF) announced the commencement of trading on the OTCQX Best Market from February 25, 2022. This move signifies an upgrade from the OTCQB, aiming to enhance visibility and accessibility for U.S. investors. The OTCQX is known for its high standards, offering value and convenience to investors. CEO Warwick Smith emphasized that this upgrade will improve liquidity and shareholder value, supported by the company's strong strategic and operational framework.
American Pacific Mining Corp (CSE: USGD / OTCQB: USGDF) has announced the expansion of its Tuscarora Gold Project by staking 47 new claims covering 971 acres in Elko County, Nevada. The Company plans to initiate a CAD $5 million drilling program, consisting of up to 70 holes (17,000 meters), targeting high-grade gold. The expanded project now consists of 215 claims totaling 4,272 acres, featuring high-grade gold and silver veins. Previous drilling yielded significant intercepts, including 4.57 meters at 127.08 g/t gold. The Company aims to enhance exploration efforts in 2022.
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