Warwick Smith, President and CEO of American Pacific Mining (CSE:USGD – OTCQB:USGDF) joins me to update us on the upcoming Exploration plans at the Madison Copper Gold Project, in Montana. The program will be lead by Kennecott Exploration (a Rio Tinto Company) which has a option to earn a 70% interest by spending $30million.
Warwick and I discuss the overall budget and highlight the three main target areas being tested in the program (refer to the figure below). I also have him outline the stages of the JV agreement with Kennecott.
If you have any follow up questions for Warwick please email me at Fleck@kereport.com.
Click here to read over the full news release on the exploration program.