American Pacific reports first drilling results at Madison Copper-Gold Project

The Phase I drilling programme, which is now complete, focused on extending mineralisation near previously mined areas with the goal of demonstrating significant gold and copper mineralisation beyond the historical mine workings.

Highlights:

• APMMAD24-02: 38.25 m of 1.28% Cu and 1.22 g/t Au (2.34% Cu Eq), including 2.08% Cu and 2.43 g/t Au over 7.86 m.
• APMMAD24-05: 32.71 m of 3.15 g/t Au, including 7.32 m of 9.90 g/t Au; and 45.45 m of 0.96% Cu, including 16.00 m of 2.02 % Cu.
• APMMAD24-01: 1.04 g/t Au over 17.04 m within a broader mineralised envelope of 32 m at 0.76 g/t Au. Multiple zones of Cu mineralisation with 0.43% Cu over 17.37 m, including 1.39% Cu over 3.05 m.

“These initial results have demonstrated that significant amounts of gold and copper mineralisation extend well beyond the historical mined areas. In addition, the broader than expected intervals highlight the potential for mineralisation left behind from historical mining that operated at a much higher cut-off grade,” said CEO Warwick Smith. “We eagerly await further assay results, which we expect will continue to demonstrate the opportunity to define significant concentrations of both copper and gold.”

Read the article online at: https://www.globalminingreview.com/mining/05092024/american-pacific-reports-first-drilling-results-at-madison-copper-gold-project/