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American Pacific Mining Announces Increased Copper Resources at Palmer Project

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American Pacific Mining Announces Increased Copper Resources at Palmer Project

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American Pacific Mining ( (TSE:USGD) ) just unveiled an update.

American Pacific Mining has announced a significant update to the Mineral Resource Estimate for its Palmer Copper-Zinc VMS Project in Southeast Alaska, showcasing a notable increase in contained copper and copper grade. The updated estimate highlights a 16% increase in contained copper for indicated resources and a 22% increase for inferred resources, marking a significant milestone for the company as it secures 100% ownership of the project, enhancing its industry positioning.

More about American Pacific Mining

American Pacific Mining is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include copper and zinc, with a notable project being the Palmer VMS Project located in Southeast Alaska.

YTD Price Performance: -0.68%

Average Trading Volume: 457,925

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $32.59M

For a thorough assessment of USGD stock, go to TipRanks’ Stock Analysis page.

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