Second Drill Mobilized To Gooseberry Silver Project

VANCOUVER - American Pacific Mining Corporation has added a second drill to its Gooseberry Silver Project in Nevada. The new drill rig is a reverse circular (RC) drill that will complement the core drill already turning on site, thus accelerating the completion of the program at the high-grade past-producing silver-gold mine. Underground mining at Gooseberry ceased in the mid-1990s and the property, once mined by Asamera Minerals, has not seen any drilling for more than 25 years.

The Company reports that the initial core drillholes, part of a 3,500 to 4,000 meter, 15-hole program, have successfully reached target depths and appear to have cut the main Gooseberry vein approximately 528 feet to the east of the last areas mined by Asamera Minerals.

"Adding the RC rig at Gooseberry is expected to accelerate the completion of the drill program, after which we will immediately move both the core and RC rigs to begin testing shallow gold targets at our recently consolidated and expanded Tuscarora Project, also in Nevada,” said, President, Eric Saderholm. “We are excited to move forward with drilling at both of our 100%-controlled Nevada projects, while ongoing partner-funded work at our Madison Project in Montana continues. We are well-funded and in a great position to add value through the drill bit and look forward to initial assay results later this year."