Exploration And Development Program At Palmer Cu-Zn VMS Project

VANCOUVER - American Pacific Mining Corp. reported on the first seven (7) holes of the sixteen (16) hole drill program at its Palmer Copper-Zinc VMS Project in Southeast Alaska. The 2024 drill program was part of a planned exploration and development joint venture partnership between Dowa Metals & Mining Alaska Ltd. and American Pacific.

From South Wall Zone 1 and RW Zone (2 holes) of the Palmer Deposit: 1) CMR24-194: 16.4 m of 0.8% Cu, 8.4% Zn, 0.6% Pb, 0.72 g/t Au and 77.5 g/t Ag (5.1 CuEq), including 10.4 m of 1.17% Cu, 12.17% Zn, 1.01 g/t Au and 101.49 g/t Ag (7.3% CuEq). 2) CMR24-193: 3.5 m of 0.1% Cu, 1.7% Zn, 0.6% Pb, 0.86 g/t Au and 92.4 g/t Ag (1.9% CuEq). 3) CMR24-192: 2.9 m of 3.5% Cu, 0.68% Zn, 0.3 g/t Ag (3.8% CuEq) and 9.8 m of 0.58% Cu further downhole.

"This year's drill program was successful in following up on last year's high-grade results, while better defining the known mineralization on the property, ahead of the updated Mineral Resource Estimate and Technical Report budgeted to begin this year," said Peter Mercer, VP Advanced Projects. "The Palmer Project is located within a prolific mineral belt in Southeast Alaska. This mineral terrane extends hundreds of kilometres north and south of Palmer, hosting several historic and current mining operations. The Palmer and AG deposits are just two of the mineralized areas defined and drill tested to date, on the property that has district-scale potential."