Pacific American Holdings Ltd. (AU:AVM) has released an update.
Pacific American Holdings Ltd. has reported promising results from its Augustus Project in Arizona, with initial assays revealing high-grade gold mineralization. Results showcased gold assays ranging from 0.02g/t to an impressive 116.7g/t, indicating the presence of significant mineralized veins and stockworks at the surface. The findings, from a rock chip sampling program, are seen as affirming the project’s potential for gold and copper deposits.
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