Drill Results
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Executive Summary
- American Pacific Mining reported high‑grade gold intercepts from the final six RC drill holes of Phase I 2025 at its Madison Project, including 44.1 g/t Au over 1.5 m and broader zones averaging 10.2 g/t Au over 7.6 m.
- The results demonstrate a clear geological link between historic Broadway Mine and the Madison mineralized system, expanding the company’s exploration target area.
- A live webinar was announced for July 30 to discuss the findings, and the company indicated that Phase II drilling will commence in H2 2025 targeting deeper extensions of the skarn‑porphyry system.
Key Details
- Hole APMAD25-08: 44.1 g/t Au over 1.5 m within a broader interval averaging 10.2 g/t Au over 7.6 m, starting at 189.2 m depth.
- Second zone in APMAD25-08: 4.5 g/t Au and 0.2 % Cu over 3.0 m, beginning at 230.1 m depth.
- Hole APMMAD25-05: Extends copper mineralization – 0.5 % Cu over 27.4 m and 0.7 g/t Au over 16.8 m.
- Hole APMMAD25-06: Pathfinder mineralization – 3.0 m averaging 0.23 % Bi with 14.5 ppm Te; 4.5 m of 159 ppm Bi with 63 ppm Te.
- Holes APMMAD25-07 & 08: Porphyry‑style signatures – up to 25.8 ppm Bi with 11.9 ppm Te over 1.5 m.
- Exploration Context: The drill program was a 175 m step‑out northwest of the historic Broadway Mine, highlighting expanded search space and linking the two deposits.
- Webinar Announcement: Live session on July 30, 2025 at 1:00 pm ET (10:00 am PT) to present results; recording available afterward.
- CEO Comment (Warwick Smith): Emphasized the link between Madison and Broadway mines, the potential for higher‑grade skarn mineralization at shallower depths, and plans for Phase II drilling in H2 2025 to delineate a substantial buried porphyry system.
Notable Quotes
- “Our drilling shows a clear link between the historic Madison and Broadway mines, with the best gold interval from the program highlighting a tremendous opportunity to extend higher grade skarn mineralization along strike at shallower depths and vector towards the porphyry feeder system we believe is responsible for the higher‑grade mineralization within the skarn.” – Warwick Smith, CEO, American Pacific Mining Corp.
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Jul 30, 2026 · 09:48