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American Pacific Mining Corp.

Company Data | Introduction | Projects in Hand | Management
News Update
| Chinese

Address :  Suite 910 – 510 Burrard Street
Vancouver, BC
Canada V6C 3A8
Tel No.: 604-908-1695
Web Site: www.americanpacific.ca
E-mail: kristina.pillon@gmail.com
Contact Person: Kristina Pillon
Position: Investor Relations


Company Data

Traded Market: CSE / OTCQB
Traded Symbol: USGD / USGDF
Outstanding Shares: 81.28 million
Public Float: ~65%
52 Week High: $ 0.97
52 Week Low: $ 0.13
Present Price: Click Here


Introduction

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American Pacific Mining is a precious metal explorer focused on opportunities in the Western United States. The Company's flagship asset, which it acquired in 2020, is the high-grade, past-producing Madison copper-gold project in Montana, USA, under option to joint venture with Kennecott Exploration, a division of the Rio Tinto Group, whereby Rio Tinto may spend US $30M to earn 70% of the project. For this transaction, American Pacific has been selected as a finalist in the S&P Global Platts Global Metals Awards.

Also in the American Pacific's asset portfolio are the Gooseberry gold-silver project and the Tuscarora gold project – two high-grade precious metal projects located in key mining districts of Nevada, United States. The Company's mission is to grow by the drill bit and by acquisition.


FLAGSHIP PROJECT

Madison Copper-Gold Project, Montana, USA

  • USGD acquired the permitted Madison Copper-Gold Mine from Madison Metals in June 2020
  • USGD has free carried interest until Rio Tinto spends US$30 million to earn 70% of the project
  • Past production 2008-2012 of 2.7M lbs of copper with grades ranging from ~20% to over 35% copper and 7,570 ounces of gold at 16.1 g/t
  • First hole of 2020 drill program returned:
    • 1.7 m of 69.4 g/t Au and 23.61 m of 2.19% Cu
    • 43.66 m of 1.76 g/t Au
    • 15.45 m of 0.96% Cu
  • The Project is analogous to and just 48 km from the Butte mine, which churned out 21 billion lb. copper, 715 million oz. silver, 2.9 million oz. gold
  • Rio Tinto has already commenced an up to US $5M 2021 exploration program at Madison with diamond drills already turning and results expected throughout the second half of 2021.

2021 Exploration Program at Madison

  • 4,000 metres of diamond drilling is planned to test skarn, jasperoid and massive sulphide mineralization
  • Rio Tinto has commenced drilling at Madison
  • Numerous targets to be drill-tested
  • Focus is on extending the five jasperoid zones and three massive sulfide zones as well as testing for skarn mineralization, porphyry and gold potential
  • 1,000 metres of road construction will test cross-cutting zones of high-grade gold mineralization in veins
  • MAG survey is planned

Rock Geochemistry Compilation

American Pacific has compiled the historic surface rock samples. This is the first time all of the historic data have been compiled and put into a visual format.

Eric Saderholm, president of American Pacific, stated: "This newly compiled data set shows the broad occurrences of mineralization found at the Madison project. It is impressive and clearly shows high-grade gold and copper numbers distributed throughout the property. The higher-grade mineralization is hosted in a large array of different styles and textures, including high-level quartz veins, iron-rich skarns, copper- and gold-bearing jasperoids and massive sulphides. The presence of these grades and values furthers the interest in the Madison project and is a main driving component for accelerated exploration on rapidly evolving targets. We anticipate a productive exploration year in 2021."(See news release dated June 9, 2021)

2020-2021 Milestones

  • Complete transformational acquisition of Madison Copper-Gold project
  • Complete oversubscribed non brokered private placement of $3M
  • Release results from 14 holes drilled by Rio Tinto in 2019
  • Uplist from pink sheets to OTCQB in the US
  • Bring in strategic investor, Michael Gentile
  • Commence 2021 4,000-metre drill program at Madison
  • Report remaining assays from 5 holes drilled in 2020 at Madison
  • Report ongoing drill results from 2021 drill campaign at Madison
  • Advance Gooseberry and Tuscarora projects
  • Identify high quality acquisition targets to build asset portfolio

Investment Highlights

  • Transformational Transaction
    • USGD acquired the permitted Madison high-grade copper-gold project in Montana
    • Tier-One JV Partner, Rio Tinto — Rio Tinto earning in by spending US $30M
    • Drill campaign underway with results forthcoming
  • Nevada Project Portfolio with Discovery Potential
    • Two exploration projects located in one of the world’s most prolific precious metals geological jurisdictions
      • Gooseberry Gold-Silver Mine – past-producing mine, dropped in ‘94 due to weak precious metals prices
      • Tuscarora Gold Project – high grade, low sulphidation epithermal vein system optioned from Novo Resources when Novo focused on success in Pilbara region of Australia
  • Senior Management with Big Company and Capital Markets Experience
    • President Eric Saderholm is ex-Newmont Exploration Manager for the Western US
    • CEO Warwick Smith has 20 plus years of capital markets experience in the mining space


Management

Management and Directors

Warwick Smith, CEO & Director

Mr. Smith is a venture capitalist specializing in corporate finance and development for publicly traded companies. He has a background in marketing and finance, and formerly served as co-founder and Chief Executive Officer of Western Pacific Resources Corp. (TSXV: WRP).

Eric Saderholm, President & Director

Mr. Saderholm is a professional Senior Geologist and former Newmont Exploration Manager for the Western US. Mr. Saderholm has worked on many large mines and projects including Bingham Canyon, Carlin, Midas, Gold Quarry, Twin Creeks, Lonetree, Mule Canyon, Black Pine, Genesis and Yanacocha. He has almost 3 decades of experience in the minerals industry.

Alnesh Mohan, Director, CFO & Corporate Secretary

Mr. Alnesh is a finance executive with over 20 years of experience providing advisory services. He has been a partner at Quantum Advisory Partners LLP since 2005. He is a Chartered Professional Accountant (CPA, CA).

Ken Cunningham, Director

Mr. Cunningham brings over 44 years of experience in worldwide, diversified mineral exploration and mining geology, from geologist to executive management. Mr. Cunningham has proven skills in building successful exploration teams, acquiring key projects, negotiating joint ventures and strategic alliances, as well as building awareness in the investment and financial industry.

Joness Lang, Director

Mr. Lang is an executive leader with over 12 years of capital markets and corporate development experience in the natural resource sector with experience negotiating and structuring project acquisitions and JV partnerships. Mr. Lang is currently the Executive VP of Maple Gold Mines Ltd.


News Update

On August 4, 2021, American Pacific Mining Corp. reported commencement of drone magnetic survey at Madison Copper-Gold Project.

On August 3, 2021, American Pacific Mining Corp. reported samples returned excellent values with up to 29 g/t gold, 1.52% copper and 44.80 g/t silver at Madison Copper-Gold Project.

On July 26, 2021, American Pacific Mining Corp. announced that it has recently sampled up to 59.45 g/t gold at its Tuscarora Gold Project.


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