Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update

TICKERS: USGD; USGDF

Geophysical Survey Commences at Nevada Gold Project
News Update

Source:

This work is being done in advance of drilling later this summer.

American Pacific Mining Corp. (USGD:CSE; USGDF:OTC) announced in a news release that a CSAMT geophysical survey has begun on its Tuscarora project in Nevada. Reno-based Zonge International is conducting the study.

"This nonintrusive, low-impact controlled source audiofrequency magnetotellurics survey will highlight key target exploration zones, showing the electrically resistive and conductive areas throughout the entire Tuscarora project area," American Pacific CEO Eric Saderholm said in the release.

Processing and interpretation of the CSAMT data are expected to be done in early July. The survey results along with previously collected information will be used to inform targets for drilling that OceanaGold, American Pacific's joint venture partner on Tuscarora, will undertake later this summer.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: American Pacific Mining. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this interview, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of American Pacific Mining, a company mentioned in this article.





Get Bob's book FREE until Friday

Bob Moriarty has made the Kindle version of Basic Investing in Resource Stocks FREE from Amazon from today until Friday the 21st of June. If all you do is read the reviews you will understand that itís worth reading.

Get the Book Now


Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe