American Pacific Mining Acquires Historic Past-Producing Gooseberry Gold Project, Nevada
[Click image to enlarge]
American Pacific Mining Corp. has staked the historic gold and silver Gooseberry Mine in Storey County Nevada. The property staked includes 42 unpatented claims encompassing the prospective 708 acre property.
“The Gooseberry Project is a low sulphidation, epithermal system with high-grade gold and silver mineralization hosted in quartz carbonate veins. The project was intermittently productive over the last century, and it’s our belief that there is a lot of exploration potential remaining over the project area. When the last operators were mining at Gooseberry, gold was only $353 dollars per ounce, so little exploration was taking place. I look forward to reviewing the historic data and starting the 2019 sampling programs as soon as possible,” said Eric Saderholm, APM’s president.
“Gooseberry fits the American Pacific model of cost-effective acquisitions in the Western United States with a focus on high-grade precious metal properties. OceanaGold is now earning-in at our Tuscarora project and has committed to spending USD$650,000 over the next 12 months — combine this with the acquisition of a previous gold producer, the company should have an exciting year ahead,” said Warwick Smith, APM’s CEO.
Sporadic hard rock gold and silver mining took place at Gooseberry Mine between 1906-1991, with little to no exploration occurring beneath the lower levels of the underground mine. The Ramsey district, where the project is located, also remains under-explored compared to many other areas of Nevada. Infrastructure includes power to the area, main highways and some roads through the project which may need minor rehabilitation.
About American Pacific Mining
American Pacific Mining Corp. is a gold explorer focused on precious metal opportunities in the Western United States. Tuscarora is a high-grade, early stage 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. American Pacific is eyeing a gold discovery amidst gold’s next bull market.
To stop by American Pacific Mining’s website, CLICK HERE
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2019 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
