GOLD EXPLORERS ARE ABOUT TO HEAT UP: $USGD $USGDF $1QC

When you have Rick Rule saying the “Gold Price is Stupidly Low Relative to Monetary Inflation,” you know precious metals are about to have a good year. 

Shortly thereafter Goldman Sachs raised their target for gold:

“In its updated forecast, Goldman Sachs now sees gold prices pushing to $1,325 an ounce within three months, rising to $1,375 in six months and pushing to $1,425 an ounce by the end of the year.” Neils Christensen, @Kitco

And look where we are at today. Sitting pretty at a yearly high of about $1550. 

GOLD is hot, and about to get even hotter as global markets shift and shake and the big miners like Newmont and Goldcorp combine metal forces.

Rest assured more M&A in the mining industry is coming.

And Nevada has been a hotbed of activity for the past two years. In March of 2018, Hecla Mining announced they were acquiring Klondex Mines for $153 million and 75 million shares of Hecla. Alio Gold followed this up announcing the acquisition of Rye Patch for $128 million. THEN, Coeur Mining announces a $90 million dollar acquisition of Northern Empire. 

Nevada is PRIME PICKING for precious metals companies. 

Looking for another HOT Nevada Gold Explorer?

American Pacific Mining Corp. (CSE:USGD) (OTC:USGDF) (FWB:1QC) is exploring the Tuscarora Gold Project, optioned from Dr. Quinton Hennigh’s NOVO Resources in late 2017. More recently, American Pacific announced a USD$10 million joint venture agreement with OceanaGold Corporation, a well known Australian-based gold producer with a keen eye for epithermal gold systems. 

And Tuscarora is just that.

Check out Tuscarora’s Grade: 

TN-38 4.57m @ 127.08 g/t Au from 150.88m

including 1.52m @ 368.31 g/t Au from 152.4m
TN-54 1.52m @ 51.06 g/t Au from 152.4m
TNC-02 1.53m @ 27.61 g/t Au from 50.29m
APTU18-009 3.05m @ 16.06 g/t Au from 198.12m
including 1.52m @ 27.20 g/t Au from 198.12m
TN-52 1.52m @ 13.55 g/t Au from 150.88m
APTU18-016 3.05m @ 13.42 g/t Au from 195.07m
TN-19 1.52m @ 13.00 g/t Au from 170.69m
16TSRC-006 1.53m @ 11.48 g/t Au from 153.92m
APTU18-013 1.52m @ 10.30 g/t Au from 137.16m
TN-24 1.53m @ 9.33 g/t Au from 108.2m

Visit this link for more information on the drilling: https://www.americanpacific.ca/projects/tuscarora/

Tuscarora is quickly becoming one of the most exciting NEW gold discoveries in Nevada. Spectacular grades, easy access, and more veins and zones to explore. OceanaGold are adding a lot of value

  • “High-grade intervals from [the last] round of drilling confirm the heart of the South Navajo zone, with the most positive results coming from holes 13, 15 and 16.” commented Eric Saderholm, President of American Pacific Mining…“Drilling has proven that the cross-faults and structural intersections are well-mineralized and worthy of further exploration for what is mostly oxidized mineralization.”

The Tuscarora Project is located in a great jurisdiction, only 35km northeast of Nevada’s Carlin trend which has produced over 19 million ounces, 20km southwest of Jerritt Canyon which has produced over 8 million ounces of gold, and 50km east-northeast of the Midas deposit, the largest known Au-Ag deposit along the Northern Nevada Rift. 

Gooseberry Gold Project

The team just jumped on another high-grade opportunity as well, staking the historic Gooseberry Mine near Reno Nevada. Check out these sample results, announced in June:

A total of nine initial samples were taken from the dumps and old mineralized stockpiles at Gooseberry, with highlight results including the following:

  • Sample GB19ECS-007- 1.05 kg: 18.45 g/t Au and 595 g/t Ag
  • Sample GB19ECS-003- 0.59 kg: 17.75 g/t Au and 310 g/t Ag
  • Sample GB19ECS-001- 1.25 kg: 10.25 g/t Au and 218 g/t Ag
  • Sample GB19ECS-006- 0.70 kg: 10.20 g/t Au and 273 g/t Ag

Grab Samples from Gooseberry Precious Metals Project, Storey Nevada:

 

 

Method

WEI-21

Au-AA26

Ag-GRA22

 

Analyte

Recvd Wt.

Au

Ag

 

 

kg

ppm

ppm

Sequence

Description

0.02

0.01

5

001

GB19ECS-001

1.25

10.25

218

002

GB19ECS-002

0.63

1.83

14

003

GB19ECS-003

0.59

17.75

310

004

GB19ECS-004

1.05

0.94

37

005

GB19ECS-005

0.89

1.76

89

006

GB19ECS-006

0.70

10.20

273

007

GB19ECS-007

1.05

18.45

595

008

GB19ECS-008

0.78

2.70

33

009

GB19ECS-009

1.09

0.06

<5

American Pacific’s Niche (CSE:USGD) (OTC:USGDF) (FWB:1QC)

Major mining companies are aiming for deposits that exceed 3 million ounces of gold, if not 5 million ounces. There is a growing niche of mid-tier mining companies that are looking for developable resources that fall beneath the lofty benchmark of the majors. American Pacific (CSE:USGD) (OTC:USGDF) (FWB:1QC) is nimble, targeting safe world-class jurisdictions, and focused on precious metals projects that tick the boxes: location, geology, grade, size, and metallurgy.

The Leadership Team

American Pacific (CSE:USGD) (OTC:USGDF) (FWB:1QC) is led by Warwick Smith (CEO), and Eric Saderholm (President). Mr. Smith is a venture capitalist and entrepreneur who pairs access to finance, media and a strong pipeline of projects through his network spanning Canada, the US and Europe. Mr. Smith co-founded Western Pacific Resources and Riverside Resources, two junior precious metals exploration companies. Eric Saderholm is a Professional Geologist who has worked on almost every major gold project in Nevada. Mr. Saderholm recently retired from Newmont as the Exploration Manager for the entire Western USA. He has led and assisted numerous technical teams from discovery to production, and from expansion to closure. During his career, he has worked at a tonne of different mines including Bingham Canyon, Carlin, Midas, Gold Quarry, Twin Creeks, Lonetree, Mule Canyon, Black Pine, Genesis and Yanacocha. He knows Nevada like the back of his hand. 

American Pacific (CSE:USGD) (OTC:USGDF) (FWB:1QC) is eyeing a gold discovery amidst the next precious metals bull market. 

DISCLAIMER


FORWARD-LOOKING STATEMENT

Some statements on this landing page may contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, statements as to planned exploration activities and the expected timing of the receipt of results. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, customary risks of the mineral resource industry as well as the performance of services by third parties.

Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

This page is created and maintained by American Pacific Mining Corp.

Qualified Person

Technical aspects of this splash page have been reviewed and approved by Eric Saderholm, P.Geo., the designated Qualified Person (QP) under National Instrument 43-101.

DISCLAIMER