North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

American Pacific to acquire Constantine

Will add the Palmer mine project in Alaska to its portfolio North of 60 Mining News - August 15, 2022

 

Last updated 8/25/2022 at 2:36pm

A drill tests for high-grade VMS mineralization from a mountainside at Palmer.

Constantine Metal Resources Ltd.

With the acquisition of Constantine, American Pacific will gain a joint venture interest in Palmer, a VMS project in Southeast Alaska enriched with zinc, copper, silver, and gold.

Under a deal announced on Aug. 15, American Pacific Mining Corp. will gain 44.9% ownership of the Palmer zinc-copper-silver-gold-barite mine project in Southeast Alaska through the acquisition of Constantine Metal Resources Ltd.

Being advanced under a joint venture between Constantine and Dowa Metals & Mining Alaska Ltd., Palmer hosts 4.68 million metric tons of indicated resource averaging...



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