American Pacific provides Palmer VMS project update
Published by Will Owen,
Editor
Global Mining Review,
American Pacific Mining Corp. has provided an update on the ongoing activities at its Palmer Project near Haines, Alaska.
Palmer is an advanced-stage, high-grade volcanogenic massive sulfide-sulfate deposit (VMS) located in the Porcupine Mining District of the Haines Borough, Alaska. Constantine North Inc, a subsidiary of American Pacific, is the operator for the project and the US$25.5 million 2023 programme is funded by joint venture partner Dowa Metals & Mining Co., Ltd.
Highlights:
- 4178 m of the planned 9000 m resource definition program has been drilled representing 46% of the planned 2023 programme.
- 1022 m of the planned 2550 m geotechnical drill program has been drilled, representing 40% of the planned programme. Hydrogeologic testing and monitoring well installations are ongoing to determine the hydrogeological characteristics and rock mechanics of the hanging wall and footwall.
- The first 378 samples for assays were recently shipped to the laboratory with results expected during 3Q23.
Warwick Smith, CEO of American Pacific, comments:
“Drilling progress is ahead of schedule, and we are pleased to report that semi-massive and massive sulfide mineralisation has been observed over drilled thicknesses of approximately 40 m within the upper (Zone 1) and lower (Zone 2 – 3) VMS lenses of the Southwall Zone at the Palmer Deposit.”
Read the article online at: https://www.globalminingreview.com/mining/10082023/american-pacific-provides-palmer-vms-project-update/
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