American Pacific Mining Corp is pleased to report high-grade gold and copper rock chip samples from a program conducted by Kennecott Exploration, a division of the Rio Tinto Group, at the Madison Copper-Gold Project in Montana.
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American Pacific Announces Exploration Plans at Madison Copper Gold Project
Written by AZoMiningMar 17 2021
American Pacific Mining Corp. has announced the details of the scheduled 2021 exploration program at the Madison Copper Gold Project (the Madison Project), based in Montana, United States.
Madison Project Map Showing 2021 Interpretive Mineralization and Target Areas. Image Credit: American Pacific Mining Corp.
At present, the wholly-owned Madison Project of American Pacific Mining is under an earn-in option to a joint venture contract. Under this agreement, Kennecott Exploration Company which is part of the Rio Tinto Group may spend $30 million USD to earn approximately 70%.
Starting in the H2 of 2021, Kennecott’s exploration program at the Madison Project is anticipated to involve reverse circular (RC) drilling, diamond drilling, a MAG survey, widespread rock-chip and soil sampling, and road construction.