2023 Drilling Program Updated For The Gooseberry Project

VANCOUVER - American Pacific Mining Corp reported that the The 2023 drilling program has been updated and re-permitted to test emerging targets generated by soil geochemistry and integrated CSAMT geophysics completed in 2022 for the Gooseberry Project, Storey County, Nevada.

Approximately 15 holes of up to 3048 meters (10,000 feet) of Phase II reverse circulation drilling is scheduled to commence in Q1, 2023. 2,889 soil samples were collected during the 2022 field season for silver (Ag) and gold (Au) analysis. Assay results have been received and compiled into the Gooseberry exploration database.

“The 2022 CSAMT survey results showed several structural features that are not exposed at the surface due to thick soil development within the volcanic host rocks,” said, President, Eric Saderholm. “Interestingly, the silver anomalies in soils have validated these CSAMT anomalies. These data sets were derived and compiled independently from one another; however, when analyzed together they reveal similar mineralization patterns throughout the property, which are parallel to the known Gooseberry Vein.” Saderholm continued: “Trace silver values associated with these anomalies are higher than those found along the trace of the actual Gooseberry Vein. In fact, a new exploration area, the Elderberry Vein target, has emerged as a priority for 2023 drilling.”