American Pacific reports latest assay results from Madison

Field programme highlights:

• A total of 88 rock samples and 141 soil and silt samples were collected during the summer of 2024.
• Gold grades of up to 80.6, 38.48, and 19.85 g/t were assayed in surface rock samples.
• Copper grades of up to 5.2% and 3.3% were assayed in surface rock samples.
• Radiometric surveys highlight thorium, potassium and uranium, which can be porphyry system indicators.
• The Phase II, 3000 m drilling programme has been finalised and is the permitting process.

Eric Saderholm, Managing Director of Exploration, comments:

“We are encouraged by the field work results that followed up on our 2024 drilling programme. The field mapping and rock sampling have extended the mineralised footprint 2.5 km southeast and 2 km west. The data collected presents us with five additional target areas that have not historically been drill tested but have now been included in the fully-funded Phase II drill programme beginning 1Q25.

“The higher-grade silver values were unexpected and clearly add to the potential value of the Madison Property. Our use of radiometric surveys is somewhat unique in exploring for porphyry systems and will help us pinpoint drill targets in 2025. Further refinement of the magnetic data will be completed in December to maximise the potential for new property-wide discoveries.”

Read the article online at: https://www.globalminingreview.com/mining/29112024/american-pacific-reports-latest-assay-results-from-madison/