American Pacific Takes Full Control of Palmer VMS Project and Secures $10 Million Funding

American Pacific Gains Full Ownership of Palmer VMS Project, Secures US$10 Million

American Pacific Mining Corp. has announced it has successfully acquired 100% ownership of the high-grade, poly-metallic Palmer VMS Project in Southeast Alaska. This strategic move has positioned the company to move forward with full control and accelerate development plans for the promising project.

The acquisition marks a significant milestone for American Pacific Mining Corp., as it now holds complete ownership of the Palmer VMS Project, which is known for its robust exploration potential and impressive mineral resources. This acquisition has enabled the company to unlock the project’s full value and streamline its operations to maximize efficiency and profitability.

In addition to gaining full ownership of the project, American Pacific Mining Corp. has secured US$10 million to fund exploration and development activities at the Palmer VMS Project. This injection of capital will enable the company to advance its exploration efforts, conduct further drilling, and expand its understanding of the project’s resource potential.

The Palmer VMS Project is located in a highly prospective area in Southeast Alaska, known for its rich mineral deposits and favorable mining conditions. The project has already demonstrated significant mineralization, including high-grade copper, zinc, gold, and silver deposits, making it a highly attractive asset for American Pacific Mining Corp.

With full ownership of the project and a substantial funding boost, American Pacific Mining Corp. is well-positioned to accelerate its exploration and development activities at the Palmer VMS Project. The company’s strategic vision and commitment to unlocking the project’s value bode well for its future success in the mining sector.

Overall, the acquisition of full ownership of the Palmer VMS Project and the securing of US$10 million in funding mark a significant step forward for American Pacific Mining Corp. This move underscores the company’s strong belief in the project’s potential and its commitment to maximizing value for its shareholders. The future looks promising for American Pacific Mining Corp. as it embarks on this new phase of development at the Palmer VMS Project.