American Pacific Mining - President, Eric Saderholm.
President, Eric Saderholm.
Source: American Pacific Mining.
  • American Pacific Mining (USGD) has commenced drilling at its Gooseberry Silver Project in Nevada
  • The planned 15 hole, 3,048-metre Phase II drill program will focus on testing the extension of the Gooseberry Vein as well as the Elderberry and Strawberry Zones
  • New targets were generated in 2022 through analysis of soil geochemistry, clay spectral imagery, mapping and integrated controlled source audio-frequency magnetotellurics (CSAMT) geophysics
  • American Pacific Mining Corp. (USGD) opened trading at C$0.33 per share

American Pacific Mining (USGD) has commenced drilling at its Gooseberry Silver Project in Nevada.

Source: American Pacific Mining Corp.

The planned 15 hole, 3,048-metre Phase II drill program will focus on testing the extension of the Gooseberry Vein as well as the Elderberry and Strawberry Zones.

New targets that were generated in 2022 through analysis of soil geochemistry, clay spectral imagery, mapping and integrated controlled source audio-frequency magnetotellurics (CSAMT) geophysics.

No historical, property-wide geochemical or geophysical work has been documented on the property.

The Gooseberry Vein was discovered in 1906. Larger scale mining efforts began on the property in 1975 and were terminated in 1992. American Pacific resumed exploration activities in 2021.

Mineralization at the Property is comprised of high-level epithermal gold and silver-bearing quartz/carbonate veins.

“Exploration data that we compiled, including CSAMT geophysics, soil geochemistry and newly received spectral imagery, has helped us home in on the Elderberry and Strawberry Veins as key priority targets for this Phase II drill program,” stated American Pacific’s President, Eric Saderholm. “A past criticism of Gooseberry was that it was a single vein mine; however, exploration work completed in 2022 revealed there are at least three additional vein showings at Gooseberry and we are excited to drill these emerging targets and better understand the extent of mineralization at the project.”

American Pacific Mining is a gold exploration company focused on precious metal opportunities in the Western United States.

American Pacific Mining Corp. (USGD) opened trading at C$0.33 per share.

More From The Market Online

Usha Resources begins phase 4 fieldwork at White Willow Project

Usha Resources (TSXV:USHA) has begun the fourth phase of fieldwork at its White Willow Lithium Project in Ontario following phase 3 work.

@ the Bell: Stocks level-out ahead of Easter long weekend

A rebound in oil prices and growth in metal prices helped push Canada’s main stock index higher as investors await economic data.