AMERICAN PACIFIC MNG - USGDF STOCK NEWS

American Pacific Mining has reported final assays from their 2024 field season at the Madison Project, revealing significant mineral concentrations from 88 rock samples and 141 soil samples. Notable findings include gold grades up to 80.6 g/t, copper grades up to 5.2%, and silver grades up to 136 g/t. The field mapping has extended the mineralized footprint by 2.5 kilometres southeast and 2 kilometres west. The company has identified 5 additional target areas and completed radiometric survey interpretation to assist future drill targeting. A Phase II, 3,000-metre drilling program is scheduled to begin in Q1 2025, pending permits.

American Pacific Mining has entered into an agreement to acquire Dowa's interest in the Palmer VMS Project in Alaska. The deal includes US$10 million payment from Dowa to American Pacific, giving Dowa an option to acquire up to 50% of zinc concentrate during production years. Upon completion, American Pacific will own 100% of the Project. The Palmer VMS Project is an advanced-stage copper-zinc-gold-silver exploration site located 60km from Haines, Alaska, with over US$116 million invested to date. The company expects to have over CDN$16 million in cash following the transaction closure in Q4 2024.

American Pacific Mining reports significant drill results from its Palmer Copper-Zinc VMS Project in Southeast Alaska. Key highlights include CMR24-181 intersecting 18.0m of 1.5% Cu, 5.4% Zn, 0.40 g/t Au and 59.1 g/t Ag (4.4% CuEq), and CMR24-186 yielding 4.8m of 1.4% Cu, 9.9% Zn, 0.15 g/t Au and 34.9 g/t Ag (5.7% CuEq). The 2024 drilling program, funded through a joint venture with Dowa Metals & Mining Alaska, completed 16 holes focusing on the Palmer Deposit South Wall Zone 1, Zone 2-3, and North Wall Alteration Zone testing.

American Pacific Mining reports assay results from seven holes of its sixteen-hole drill program at the Palmer Copper-Zinc VMS Project in Southeast Alaska. Key highlights include hole CMR24-194 with 16.4m of 0.8% Cu, 8.4% Zn, 0.6% Pb, 0.72 g/t Au and 77.5 g/t Ag, including a high-grade section of 10.4m at 7.3% copper equivalent. The 2024 drill program, part of a CAD $17.5M exploration budget funded through a joint venture with Dowa Metals & Mining Alaska, completed 6,035.9 metres across 19 drill holes, focusing on infill drilling and testing high-grade copper-zinc mineralization zones.

American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) has reported high-grade underground sampling results from its 100%-owned Madison Copper-Gold Project in Montana. The company collected four samples from the upper levels of the Madison Mine, with highlights including:

- 45.50% Cu and 2.17 g/t Au
- 31.00% Cu and 8.40 g/t Au
- 23.30% Cu and 1.90 g/t Au
- 3.19% Cu and 0.14 g/t Au

The samples were taken across a 20-foot section, with each sample being five feet wide. CEO Warwick Smith emphasized that these high copper values demonstrate the grade potential of the Madison mineralized system. The company has also commenced a comprehensive geological exploration program aimed at identifying new mineralized zones and expanding known areas of interest. This program will inform future drilling and exploration plans.

American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) has announced high-grade drill results from its Madison Copper-Gold Project in Montana. Key findings include:

- APMMAD24-06: 12.34 m of 10.36 g/t Au and 0.88% Cu, including 30.96 g/t Au over 3.66 m
- APMMAD24-09: 3.66% Cu over 8.14 m, 29.72 m of 2.09% Cu and 9.75 m of 1.56% Cu

The results show open-ended mineralization to the west, south, and at depth. The company plans to expand exploration in Phase II, targeting the Rader Creek contact, which extends over 1 km west and 2 km southeast. The findings suggest potential for both epithermal and porphyry-style mineralization on the property.

American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) has completed a radiometric survey at its 100%-owned Madison Copper-Gold Project in Montana. The survey covered 462 line kilometers of drone flight with 25-metre spacing, aiming to identify potassium anomalies essential for porphyry formation. This innovative approach to skarn/porphyry exploration is expected to provide valuable data for planning a larger Phase III regional exploration program.

Managing Director of Exploration, Eric Saderholm, highlighted the unique application of radiometric technology in copper and gold exploration, emphasizing its potential to reveal regional targeting information that traditional mapping cannot provide. The survey was prompted by the historic documentation of uraninite within the Madison Skarn mineralization and a strong correlation between copper and uranium in the skarn minerals.

American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) has reported assay results from the first three holes of its seven-hole Phase I drill program at the Madison Copper-Gold Project in Montana. Highlights include:

- APMMAD24-02: 38.25 m of 1.28% Cu and 1.22 g/t Au (2.34% Cu Eq)
- APMMAD24-05: 32.71 m of 3.15 g/t Au and 45.45 m of 0.96% Cu
- APMMAD24-01: 1.04 g/t Au over 17.04 m and 0.43% Cu over 17.37 m

The results demonstrate significant gold and copper mineralization extending beyond historical mined areas. CEO Warwick Smith stated that the broader than expected intervals highlight potential for mineralization left behind from historical mining. Future targeting for Phase II drilling will focus on possible expansion to the west and at depth.

American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) has completed its 2024 drill program at the Palmer Copper-Zinc VMS Project in Southeast Alaska. The program, part of a CAD $17.5 million exploration budget, included 6,035.9 meters of drilling across 19 holes. It aimed to expand on the 2023 results, which yielded significant copper intercepts, including 43.8 m of 6.54% copper. The drilling focused on expanding the South Wall Zone and testing the North Wall Target. 1,353 samples have been submitted for analysis, with results pending. The program was completed ahead of schedule with zero incidents, demonstrating improved drilling productivity.