High-Grade Samples From The Madison Copper-Gold Project
VANCOUVER - American Pacific Mining Corp reported high-grade gold (Au) and copper (Cu) 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. A total of 73 rock chip samples were collected from 5 specific exploration targets: the Archean Section, America Pit; Devonian Jefferson Dolomite; Hudson Mine; and Western Skarn Contact, each of which contained high-grade samples.
Highlighted Sample Results: 1) 40485321: 9.93 g/t Au; 3.40 g/t silver (“Ag”); 0.08% Cu. 2) 40485246: 13.30 g/t Au; 7.83 g/t Ag; 0.04% Cu. 3) 40485201: 12.35 g/t Au; 5.76 g/t Ag; 0.01% Cu. 4) 40485221: 32.40 g/t Au; 39.60 g/t Ag; 0.02% Cu. 5) 40485233: 0.13 g/t Au; 1.49 g/t Ag; 0.26% Cu. 6) 40485284: 7.36 g/t Au; 38 g/t Ag; 6.90% Cu.
“American Pacific is particularly encouraged by the high-grade gold values obtained from this program which confirm a large mineralized system,” said President, Eric Saderholm. “Surface gold and copper mineralization occurrences within this system have been identified over an 11 square kilometer area. A major thrust fault zone, the Silver Star Fault, dissects the property placing older Precambrian rocks against and above the favorable Paleozoic carbonates and the Radar Creek intrusive complex, the probable source of the Madison mineralization. The Silver Star Fault system appears to be related to a deep crustal fault zone that connects to the Butte porphyry deposits located 38 kilometers to the northwest. All five targets present significant exploration possibilities within the district. The Archean target is virtually untested and is of particular interest to our geologists due to the pronounced geophysical anomalies and the coincident historic gold values of up to 48.5 grams per tonne."
Seventeen samples were collected in the Archean Section, primarily in and around historic prospect pits. Several quartz and carbonate veins were sampled. The quartz veins located within the Archean section are steeply dipping and generally trend east-west. Three samples were collected on a ridge north by northwest of the American Pit. The American Pit was mined in the 1970s by open-cut mining methods along the Rader Creek-Madison Limestone contact. The American Pit marks the surface expression of the Madison Skarn deposit. Mineralized endo-skarn of the Rader Creek granodiorite hosts the deposit. High-grade quartz sulfide veins are found outside the pit boundary.
Rio Tinto has conducted several successful sampling programs in the American Pit area, with results ranging from 0.25 g/t Au to 124.50 g/t Au. Copper values have ranged from 0.006% Cu to 0.264% Cu. Twenty-nine rock samples were collected along the footwall of the Silver Star Fault within the Devonian Jefferson Dolomite. These samples were collected from several historic prospect pits and scattered outcrops. The Jefferson in this area shows strong limonite-jasperoid vein and veinlet mineralization, and high-grade Au values track with the jasperoids. The Jefferson Dolomite can be a great host rock due to contained relic hydrocarbon content mixing with metal rich hydrothermal fluids. Fifteen samples were collected in and around the Hudson Mine workings. The Hudson Mine was a past producer of high-grade Au-Cu skarn mineralization hosted in the Rader Creek granodiorite-Madison limestone contact. Six samples were collected along the western edge of the Madison Skarn. Here the sediments form a thin skin covering the granodiorite-sediment contact with widespread hornfels and scattered structurally controlled skarn occurrences. Numerous historic prospects can be found on these structural skarn zones.