American Pacific provides update on Palmer Project work programme
Published by Will Owen,
Editor
Global Mining Review,
American Pacific Mining Corp. has provided an update on the work programmes completed in 2022 at the Palmer Project, an advanced-stage, high-grade volcanogenic massive sulfide-sulfate (VMS) project located within the Porcupine Mining District of the Haines Borough, Alaska, in which the company recently acquired indirect ownership of a minority interest.
The 2022, multi-purpose, US$10.4 million work programme at the Palmer Project, focused on preparations for initiating an extensive underground exploration programme in 2023.
The major elements of the 2022 programme included:
- An engineering review of the underground portal access road and 60% of the access road construction was completed.
- Lease, permitting and site preparation for a 60-person all-season camp slated for occupancy in June 2023 to support the planned exploration activity.
- A seven-hole exploration drilling programme totalling 3546 m to test the offset of the South Wall deposit and the Terminus and Jasper Mountain targets.
- Environmental and permitting, including on-going environmental baseline studies and compliance work.
- Engineering studies including a metallurgical sampling programme completed with sample compilation in progress, and a production site evaluation that provides an alternate production portal, mill and tailing management analysis.
Warwick Smith, CEO and Director, American Pacific, comments:
“We are pleased with the progress made during the last year at Palmer with the total aggregate investment in exploration and development to-date over US$68.7 million.
“We look forward to collaborating with our joint venture partner Dowa to finalise the budget and workplans for 2023 during 1Q23.”
Read the article online at: https://www.globalminingreview.com/mining/26012023/american-pacific-provides-update-on-palmer-project-work-programme/
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