Ownership Of Tuscarora Gold Project Finalized

VANCOUVER - American Pacific Mining Corp reported that the final payment to Novo Resources Corp. for The Tuscarora Gold Project has been made and the Company now owns 100% of the Tuscarora Gold Project. Previously it was announced that the Company’s subsidiary, American Pacific Mining (US) Inc., entered into a joint venture agreement (the “Earn-In Agreement”) with Elko Sun Mining Corp, with respect to the Company’s Tuscarora Gold Project. The Company is pleased to announce that it has acquired 100% ownership of its Tuscarora Gold Project, subject to the earn-in of Soldera Mining Corp following the final payment by Soldera to Novo Resources Corp.

Tuscarora is a high-grade, gold project located in a prime precious metal district in Nevada, only 35km northeast of the Carlin trend, 20km southwest of the Jerritt Canyon deposit, and 50km east-northeast of the Midas deposit.