American Pacific commences drill programme at the Madison Copper-Gold Project

The drill programme is designed to test five priority target areas identified through extensive data integration and analysis. These targets include porphyry concepts and multiple skarn extensions both laterally and down plunge of known mineralisation. The programme will also focus on near-mine extension drilling at the Broadway mine area, where historic production totalled 144 000 oz of gold from surface oxide mineralisation, between 1880 – 1950. No drilling has been done in the area since mining operations concluded and sulfide mineralisation, which was not considered economic during the historical mining period, has never been tested. The planned drilling also includes select regional shallow discovery targets. Collectively, the 2025 drilling is taking aim at high impact targets that have the potential to deliver significant value by demonstrating the scale of the system well beyond the areas historically mined.

Exploration highlights:

• The drill campaign will leverage insights gained from the Silverstar Fault Complex, a key structural feature identified as a critical control on mineralisation.
• Induced Polarisation (IP) surveys have revealed compelling geophysical anomalies along the fault complex, guiding the targeting of skarn, porphyry, and orogenic mineralisation in previously undrilled areas.
• Porphyry potential: Drilling to date at Madison has primarily targeted high-grade copper-gold skarn mineralisation within the upper 300 m from surface. Limited drilling has penetrated deeper levels, leaving the porphyry potential largely untested. The company has four drill holes planned to test two compelling porphyry targets: (1) a down-plunge target directly beneath the historical Madison Mine, where increasing mineralisation and modelling suggest proximity to a source; and (2) a regional target to the southwest where coincident IP chargeability, zones of magnetic highs and lows, and potassium radiometric highs, collectively support the potential of a mineralised source. These deeper holes represent a significant upside opportunity to vector into a causative intrusive source.

Eric Saderholm, P.Geo., Managing Director of Exploration and Qualified Person for the Project, commented:

“This drill programme represents a comprehensive analysis of years of meticulous exploration and preparation. With these well-defined targets, we believe this campaign will provide meaningful insights into Madison’s potential as a district-scale copper-gold system.”

Read the article online at: https://www.globalminingreview.com/finance-business/23042025/american-pacific-commences-drill-programme-at-the-madison-copper-gold-project/