American Pacific Mining Corp. Reports Promising Drill Results at Madison Project
In a significant development for the mining sector, American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC) has announced impressive drill results from its Madison Project. The company, listed on the Canadian National Stock Exchange, has reported high-grade gold intersections that have caught the attention of investors and industry analysts alike.
On July 10, 2025, American Pacific disclosed that its first two drill holes from the initial phase of the 2025 drilling campaign have yielded remarkable results. The company drilled a total of eight reverse circulation holes, covering 1,795 meters. The standout results came from hole APMMAD-25-02, which intersected 23.2 grams per tonne (g/t) of gold over a 1.5-meter interval within a broader 19.8-meter zone averaging 2.0 g/t Au, starting at a depth of 121.9 meters. Additionally, a lower zone in the same hole revealed 11.3 g/t Au over 1.5 meters within a 2.1 g/t Au over 10.7 meters, starting at 157.0 meters.
These results are not only significant due to the high gold grades but also because of the strong porphyry geochemical signatures observed. The presence of classic porphyry pathfinder mineralization, including molybdenum (Mo) values of 33 parts per million (ppm) over 7.62 meters (peaking at 47.7 ppm), silver values up to 2.5 g/t, and 12.2 meters of 0.6 g/t Au and 0.2% copper, underscores the potential for a substantial porphyry system at the Madison Project.
The market has reacted positively to these developments, with American Pacific’s stock closing at 0.245 CAD on July 8, 2025, reflecting a steady performance within its 52-week range of 0.105 to 0.275 CAD. The company’s market capitalization stands at 53,676,584 CAD, indicating a robust investor interest in its exploration activities.
As American Pacific continues to explore the Madison Project, the promising drill results from the first phase of drilling in 2025 suggest a bright future for the company. The strong porphyry signatures and high-grade gold intersections position American Pacific as a key player in the Canadian mining sector, with the potential to significantly impact its market valuation and operational scope.
Investors and industry watchers will be keenly observing the next phases of drilling and exploration at the Madison Project, as American Pacific Mining Corp. aims to capitalize on these promising results and further unlock the project’s potential.