American Pacific Mining announces updated MRE for its Palmer project

2025 MRE highlights:

• Indicated: 4.77 million t at 1.69% copper, 5.17% zinc, 0.14% lead, 28.4 g/t silver, 0.29 g/t gold, 20.6% barite (3.5% copper equivalent or 13.2% zinc equivalent).
• 16% increase in contained copper (24 million lb) and 14% increase in copper grade.
• 178.0 million lb of copper, 543.0 million lb of zinc, 14.2 million lb of lead, 4.4 million oz of silver, 43 900 oz of gold, and 980 400 t of barite (BaSO4).
• Inferred: 12.00 million t at 0.57% copper, 3.92% zinc, 0.47% lead, 66.3 g/t silver, 0.33 g/t gold, 25.5% barite (3.1% copper equivalent or 8.9% zinc equivalent).
• 22% increase in contained copper (28 million lb).
• 151.5 million lb of copper, 1.03 billion lb of zinc, 125.2 million lb of lead, 25.6 million oz of silver, 128 100 oz of gold, and 3.05 million t of barite (BaSO4).

Warwick Smith, American Pacific Mining CEO, comments:

“This updated MRE marks a major project milestone now that American Pacific has secured 100% ownership of the Palmer VMS Project. Infill and geotechnical drilling over the last several years has been successful in increasing our confidence in the known deposits, and we are thrilled to see significant increases in the in-situ copper estimate – in addition to an overall increase in contained tonnes for the project.”

SRK Consulting (US) Inc. was commissioned by American Pacific to assess and update the MRE for the project.

Read the article online at: https://www.globalminingreview.com/exploration-development/21012025/american-pacific-mining-announces-updated-mre-for-its-palmer-project/