PriceSensitive

American Pacific Mining (CSE:USGD) makes high-grade gold discovery in Nevada

Mining
CSE:USGD
26 July 2021 09:45 (EDT)
American Pacific Mining - President, Eric Saderholm.

Source: American Pacific Mining.

American Pacific Mining (USGD) has sampled 59.45 g/t gold at the Tuscarora Gold Project in Nevada.

An additional sample returned 3.77 g/t gold.

Historical sampling on the property rises as high as 368.31 g/t gold and 366.90 g/t silver.

Tuscarora is a high-grade gold project located in a prime precious metal district only 35 km northeast of the Carlin trend, 20 km southwest of the Jerritt Canyon Deposit (+9.5 million gold ounces) and 50 km east-northeast of the Midas Deposit (2.5 million ounces of gold and 30 million ounces of silver).

The company is working on 3D modelling and data review at Tuscarora in advance of additional drilling with an update forthcoming in Q4 2021.

Eric Saderholm, American Pacific’s President, commented,

“The 59.45 g/t gold value from a quartz/adularia vein is the highest grade sample I have collected from the property to date. These samples further illustrate the strength and grade of this series of vein systems. It is worth noting that the South Navajo Vein is but one of at least 10 veins that project onto our Tuscarora Gold Project.”

American Pacific Mining is a precious metals explorer focused on opportunities in the western United States. 

American Pacific (USGD) is down by 2.63 per cent and is currently trading at $0.74 per share as of 9:34 am ET.

Related News