http://www.theaureport.com/article/2019/04/22/explorer-agrees-to-...

http://www.theaureport.com/article/...ner-on-nevada-gold-project-with-producer.html
"This deal comes right before this year's exploration season.
American Pacific Mining Corp. (USGD:CSE; USGDF:OTC) announced in a news release it entered into an agreement with OceanaGold U.S. Holdings Inc., allowing it to earn into its Tuscarora gold project in Nevada. OceanaGold U.S. Holdings Inc. is the U.S. subsidiary of the multinational OceanaGold Corp.
"For a company of our size, this transaction is a big milestone," American Pacific's CEO Warwick Smith said in the release.
According to the agreement, OceanaGold can earn up to 51% of the Tuscarora high-grade epithermal project by investing $4 million into it over the next four years. At that point, a joint venture management committee will be created. Also, OceanaGold may earn an additional 24% into Tuscarora by investing $6 million more over the following four years; the company has 60 days in which to exercise that option.
In addition, OceanaGold will pay American Pacific $50,000 upfront and $200,000 upon earning a 51% percent in Tuscarora, in both instances in cash or shares, whichever the payor prefers. OceanaGold will make all payments to holders of underlying property interests and for claim fees.
Whereas OceanaGold will be the operator of Tuscarora, both companies will work toward adding value to the project and identifying further drill targets on the expansive land package."

American Pacific Mining Announces Joint Venture with OceanaGold for USD$10Million
April 15, 2019
https://americanpacific.ca/news/ame...for-usd-10million-and-other-corporate-news-1/
American Pacific Mining Corp. is a gold explorer focused on precious metal opportunities in the Western United States. Tuscarora is a high-grade, early stage gold project located in a prime precious metal district in Nevada, only 35km northeast of the Carlin trend, 20km southwest of the Jerritt Canyon deposit, and 50km east-northeast of the Midas deposit. American Pacific is Eyeing a Gold Discovery amidst gold’s next bull market.