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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 5.23%...



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