American Pacific Mining Corp. (USGD.c or USGDF for US investors) has released assay results from its 2024 field program at the Madison Copper-Gold Project in Montana. 

The program returned notable surface sample grades, including 80.6 g/t gold, 5.2% copper, and 136 g/t silver. 

These results were accompanied by the identification of five new drill targets through field mapping and radiometric surveys.  

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A total of 88 rock samples and 141 soil samples were collected during the program. Key gold assays included 80.6, 38.48, and 19.85 g/t.

Copper samples yielded up to 5.2% and 3.3%. 

Elevated silver values, reaching 136 g/t, add further economic potential to the project. 

Notably, field mapping extended the known mineralized footprint by approximately 2.5 km to the southeast and 2 km to the west.  

Radiometric surveys were conducted to refine exploration targets, focusing on thorium, potassium, and uranium anomalies, which are indicative of porphyry systems.

This data is expected to assist in identifying additional areas of interest ahead of drilling.  

A fully funded Phase II drill program, targeting 3,000m, is scheduled to begin in Q1 2025. Permitting is currently underway, and magnetic data refinement is expected to be completed by December to enhance drill targeting efforts.  

The Madison Project has a history of small-scale copper-gold production, having produced 2.7 million pounds of copper at grades ranging between 20–30%. 

Historical drilling includes intersections such as 30.18m of 24.5 g/t gold and 0.39% copper, highlighting the project's potential for additional high-grade mineralization.  

Full press release here: https://americanpacificmining.com/news-releases-2024/american-pacific-reports-up-to-80-6-g-t-gold-5-2-copper-and-136-g-t-silver/

Posted on behalf of American Pacific Mining Corp.