American Pacific Minerals reports encouraging results from extensive joint venture property drilling by Kennecott.GREENBRAE, Calif.--(BUSINESS WIRE)--Nov. 29, 1994--American Pacific Minerals Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :APMLF) announced continued encouraging results from the extensive sampling, geophysics geophysics, study of the structure, composition, and dynamic changes of the earth, its atmosphere, hydrosphere and magnetosphere, based on the principles of physics. and drilling activities this year conducted by its joint venture partner, Kennecott Exploration on American Pacific Mineral's land adjacent to the Goldfield Goldfield, small town, SW Nev., a former gold-mining center. Gold was discovered there in 1902, and after an early period of disappointment, large yields of high quality gold were extracted. Mine in Goldfield, Nev. The exploration work conducted by Kennecott continues to aggressively test the bulk-tonnage gold potential of the 7 square mile area of the APM/Kennecott joint venture. Kennecott has completed 52 drill holes, over 24,000 feet, ranging in depth from 300 to 1200 feet. Gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. has been discovered ranging in thickness from 5 to 270 feet with mineral grades ranging from 0.011 to 0.120. Based on the quality of the drilling results, Kennecott's original 1994 drilling plan was expanded to a total of 92 holes. American Pacific Minerals Ltd. is a gold mining company with operations in Goldfield District in Nevada. CONTACT: American Pacific Minerals Ltd. Stephen N. Anderson Anderson, river, Canada Anderson, river, c.465 mi (750 km) long, rising in several lakes in N central Northwest Territories, Canada. It meanders north and west before receiving the Carnwath River and flowing north to Liverpool Bay, an arm of the Arctic , 415/461-6868 |
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