American Pacific Mining Corp. has announced the completion of its 2024 drill programme at its Palmer Copper-Zinc VMS Project in Southeast Alaska.
The 2024 programme was part of a planned CAN$17.5 million (US$12.8 million) exploration and development budget funded by a joint venture partnership between Dowa Metals & Mining Alaska Ltd. and American Pacific.The 2024 drill programme included a total of 6035.9 m (19 650 ft) in 19 drill holes, including three drill holes (125.8 m; 410 ft) that were recollared. The programme was expanded from an originally planned 14 drill holes, based on positive visual observations and real-time modelling updates.This year’s drilling programme focused on building upon the results of last year’s campaign where the four most significant copper intercepts ever drilled at Palmer were reported earlier this year, including 43.8 m of 6.54% copper (Cu), 3.15% zinc (Zn), 0.42 g/t gold (Au), and 27.97 g/t silver (Ag) (8.22% copper equivalent (CuEq)).The drill programme was designed to continue expanding the known extent of the high-grade copper mineralisation of the South Wall Zone 1 and Zone 2 and testing prospective alteration areas. 13 drill holes (4876.8 m; 16 000 ft) tested the structural controls and extensions to the high-grade copper and zinc mineralised trends.The programme also included a series of exploration drillholes to test the nearby North Wall Target. The North Wall Target represents a potential fault offset extension of the South Wall mineralisation. Three drill holes were completed for 1033.3 m (3390 ft).A total of 1353 samples have been submitted for multi-element analysis with all assay results pending.“We are delighted to have completed another successful exploration program with zero incidents or injuries throughout the summer. We look forward to publishing results in the coming weeks and months”, commented Peter Mercer, Senior VP of Advanced Projects. “We’d like to thank our staff and contractors for their outstanding efforts in delivering a safe and efficient field program, ahead of schedule. We have seen significant improvements in diamond drilling productivity year over year, which will have a significant impact on the planning and implementation of future programmes.”
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