VANCOUVER, British Columbia, April 03, 2018 (GLOBE NEWSWIRE) -- American Pacific Mining Corp (CSE:USGD) (FWB:1QC) (“APM” or the “Company”) is pleased to announce that a gravity survey is now underway at the Tuscarora Gold Project in Elko County, Nevada. The survey will cover the 1,818 acre property and the data will be incorporated into a 3D Gravity Model.
The survey is designed to show where the major faults/structures are on the historic gold property. Gravity will assist in determining the direction and extent of the known veins, and whether any new unknown vein targets exist on the land package. The survey will also assist in determining the location of the main valley-bounding faults to the south of the property. Results will be incorporated into the plan for the upcoming 19-hole drill campaign on Tuscarora.
“The data gathered from the Gravity Survey will be the most detailed and comprehensive close-spaced gravity survey ever done on the property. It will incorporate all the new data and all of the existing data we have inherited for Tuscarora,” commented Eric Saderholm, President & Director of American Pacific. “Field work will take place over the next two weeks and we should have the results and interpretation two weeks following the survey completion.”
Tuscarora is a low sulphidation, epithermal gold prospect 50 km northwest of Elko, Nevada. The property was drilled by Newcrest in the late 90’s and by NOVO Resources in 2016, both companies receiving encouraging high-grade results. Please visit https://americanpacific.ca/projects/tuscarora/ for more information on the property.
About Us
American Pacific Mining Corp. is a new gold explorer focused on precious metal opportunities in the Western United States. Tuscarora is a high-grade, early stage gold project located in a prime precious metal district in Nevada, only 35km northeast of the Carlin trend, 20km southwest of the Jerritt Canyon deposit, and 50km east-northeast of the Midas deposit. American Pacific is Eyeing a Gold Discovery amidst gold’s next bull market.
On Behalf of the Board of American Pacific Mining Corp.
"Warwick Smith"
CEO & Director
Corporate Office: Suite 910 – 510 Burrard Street Vancouver, BC V6C 3A8 Canada
Investor Relations: investor@americanpacific.ca Phone: 1-866-646-5389
Qualified Person
Technical aspects of this press release have been reviewed and approved by the designated Qualified Person (QP) under National Instrument 43-101, Eric Saderholm, P.Geo.
Forward-looking Information
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, statements as to planned exploration activities and the expected timing of the receipt of results. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, customary risks of the mineral resource industry as well as the performance of services by third parties.
Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
All historic results quoted herein are based on prior data and reports obtained and prepared by previous operators. The Company has not completed the work necessary to verify results. The historical figures should not be relied upon and have not been verified by a Qualified Person.
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.