American Pacific Regains 100% Interest in the Madison Copper-Gold Mine Project in Montana, USA
VANCOUVER, British Columbia, Feb. 05, 2024 (GLOBE NEWSWIRE) — American Pacific Mining Corp. (CSE: USGD / FWB: 1QC / OTCQX: USGDF) (“American Pacific” or the “Company”) announces that Kennecott Exploration Company (“Kennecott”), a subsidiary of the Rio Tinto Group (“Rio Tinto” or “Rio”), in collaboration with American Pacific, has agreed to discontinue the 11-year Madison earn-in agreement to acquire a 70% interest in American Pacific’s Madison Mine Project (“Madison” or the “Project”). American Pacific would like to thank the regional Kennecott team for its collaborative approach at Madison over the years. The Company is pleased to regain 100% ownership and control of Madison, which now becomes the Company’s lead solely owned property.
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