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Arcpacific Resources Corp
Symbol ACP
Shares Issued 20,266,157
Close 2020-07-27 C$ 0.07
Market Cap C$ 1,418,631
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Arcpacific acquires five claims at Blackdome

2020-07-27 07:35 ET - News Release

Mr. Adrian Smith reports

ARCPACIFIC EXPANDS BLACKDOME PROPERTY SIZE AND REPORTS HISTORIC GOLD SAMPLES

Arcpacific Resources Corp. has acquired five additional mineral claims contiguous to the recently optioned Blackdome property located in the Clinton mining division, approximately 120 kilometres southwest of the city of Williams Lake. This significantly increases the total property size, which now covers 3,479 hectares.

The company is also pleased to provide an update in regard to the continuing data compilation program on the property. The property has been explored since the 1980s by individual prospectors and companies such as Inco Exploration; this work has resulted in the discovery of multiple mineralized zones, as outlined in an image on the company's website, but which have never been drilled. The historic exploration on the property indicates that the gold-silver mineralization is primarily hosted in quartz veins, of unknown width, subcropping over an area of approximately 1,300 by 700 metres. Quartz veins have typical low sulphidation, banded, vuggy, bladed and chalcedonic epithermal textures and assay up to 54.43 grams per tonne gold and 35 g/t silver.

                 HIGHLIGHTS OF HISTORICAL ASSAYS FROM BLACKDOME (1)

Sample ID      Sample year                   Company  Sample type     Width      Gold
                                                                        (m)     (g/t)

46251                 1990          Inco Exploration         chip       1.2    54.435
NAD05                 1989                R. Durfeld         grab         -    19.320
2903                  1990        Durfeld Geological         grab         -    16.000
47224                 1990        Durfeld Geological         grab         -    15.997
46262                 1990           IncoExploration         grab         -    15.075
2907                  1990        Durfeld Geological         grab         -    12.000
49770                 1990          Inco Exploration         grab         -     9.216
47232                 1990        Durfeld Geological         grab         -     6.725
2918                  1990        Durfeld Geological         grab         -     6.600
R101                  1988    Barrier Reef Resources         grab         -     4.600
47237                 1990          Inco Exploration         grab         -     4.587
R104                  1988    Barrier Reef Resources         grab         -     4.500

(1) Information is taken from the B.C. government's Minfile database.

The Blackdome property is underlined by Cretaceous Power Creek volcanics and sediments belonging to Taylor Creek. These two units were intruded by hornblende feldspar porphyries (HFP). Gold-silver mineralization identified in the Blackdome property appears to be associated with intrusions that possibly served as a conduit for the hydrothermal mineralization.

The next stage of exploration will concentrate on testing the known mineral occurrences through trenching, regional and property scale MT (magnetotellurics) geophysical survey, followed by drilling.

Disclosure

The qualified person for the company has not verified the historic soil and rock analytical data disclosed within this release. While the company has obtained all historic records including analytical data from the previous owner of the property, the company has not independently verified the results of the historic sampling.

Adrian Smith, PGeo, is qualified person as defined by National Instrument 43-101 for the above-mentioned project. The QP is a member in good standing of the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC) as a registered professional geoscientist (PGeo). Mr. Smith has reviewed and approved the technical information disclosed above.

About Arcpacific Resources Corp.

Arcpacific Resources is a Canada-based company focused on creating shareholder value through discoveries and strategic development of mineral properties. The company is now seeking new business opportunities or mineral properties.

We seek Safe Harbor.

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