Welcome to our dedicated page for American Pacific news (Ticker: USGDF), a resource for investors and traders seeking the latest updates and insights on American Pacific stock.
American Pacific Mining Corp. reports exploration and corporate updates for its mineral project portfolio, including the Madison Copper-Gold Project in Montana and the Ziggurat Gold Project in Nevada. Company news commonly covers drill planning, underground sampling, assay results, geological modeling, field reconnaissance, and surface geochemical work tied to copper and gold targets.
Updates also include operating and financial results, capital-structure matters, and portfolio activity involving mineral assets and equity positions. Madison disclosures focus on copper-gold mineralization, skarn and porphyry target concepts, and underground workings, while Ziggurat updates describe gold exploration in Nevada and prospective Carlin-type mineralization.
American Pacific Mining (OTCQX:USGDF) began drill testing a newly identified, large-scale magnetotelluric (MT) anomaly at its Madison copper-gold project in Montana. The conductive target measures about 2 km by 600 m, with an 800 m core drill hole underway and a reverse-circulation rig to follow.
The anomaly lies in a previously undrilled area and may reflect structural preparation, alteration, and possible sulfide-bearing mineralization. It is a key focus of the 2026, 15,000-metre Madison exploration program.
American Pacific (OTCQX:USGDF) has started a 15,000-metre drill program at the Madison copper-gold project in Montana, using both RC and diamond drilling.
The work targets 10,000 metres of shallow skarn and 5,000 metres of deeper porphyry mineralization across five priority targets, with initial assays expected this summer.
American Pacific (OTCQX:USGDF) has mobilized the first of two drills for a planned 15,000‑metre program at the Madison copper-gold project in Montana.
The campaign targets 10,000 metres of deeper porphyry and 5,000 metres of near-surface skarn, with drilling to start in days and initial assays expected this summer.
American Pacific Mining (OTCQX: USGDF) began a 2026 field reconnaissance and surface sampling program at its Red Hill Gold Project in Eureka County, Nevada. Crews mapped structures and alteration and collected rock samples, including a barite-rich jasperoid outcrop considered significant for Carlin-style gold exploration vectors.
American Pacific Mining (OTCQX: USGDF) has begun a field reconnaissance and surface sampling program at its Ziggurat Gold Project in Nye County, Nevada. Crews collected 59 rock samples and 20 stream sediment samples to refine priority targets and expand geochemical coverage.
The work targets areas prospective for Carlin-type gold mineralization, supported by prior mapping, strong pathfinder geochemistry, large-scale alteration and untested geophysical targets. Assay results are expected later in Q2, to guide a more focused Phase II program in early Q3 and optimize future drilling plans.
Samples are analyzed by ALS Global Laboratories under ISO/IEC 17025 standards, with chain-of-custody and QA/QC procedures. Technical content was reviewed by Qualified Person Eric Saderholm, P.Geo.
American Pacific Mining (OTCQX: USGDF) reported underground assays from the Madison copper-gold project (May 7, 2026) showing high-grade results up to 25% Cu, 3.19 g/t Au and 27.2 g/t Ag. Sampling covers a breccia pipe and ~150 metres along the decline, supporting a continuous hydrothermal system and a proximal feeder interpretation. Q2 2026 drill testing of a porphyry target is planned.
American Pacific Mining (OTCQX: USGDF) has contracted O'Keefe Drilling and Nasco Industrial Services to carry out a fully funded, combined 15,000-metre reverse-circulation and diamond core drill program at the Madison copper-gold project in Montana, starting in May 2026. The campaign will test up to eight priority skarn and porphyry targets, begin with RC drilling, then diamond core, and expects initial results later this summer. On May 1, 2026, Joness Lang moved from President and Director to Senior Strategic Advisor and Independent Director.
American Pacific (OTCQX: USGDF) announced its Madison Copper-Gold Project in Montana will be featured on Full Measure with Sharyl Attkisson on Sunday, May 3, 2026.
The segment will include a site tour by Managing Director of Exploration Eric Saderholm; Full Measure reaches syndicated Sinclair affiliates and reports weekly viewership figures and online posting. The company states it has no editorial control over the final broadcast.
American Pacific Mining (OTCQX: USGDF) reported audited results for year ended December 31, 2025, showing a net loss of $16.83M (‑$0.07 per share) versus prior year income of $5.36M. Total assets fell to $33.65M, cash was $908,702, and marketable securities include 13,888,888 Vizsla Copper shares valued at $11.25M. Subsequent events: sale of Tuscarora District to ICG, non‑brokered private placement raising $9.75M, and escrowed funds of US$2.875M earning 0.9% until April 28, 2028.
American Pacific Mining (OTCQX: USGDF) has begun a high-resolution underground control and LiDAR survey at the Madison Copper-Gold Project near Silver Star, Montana. WET and Dengel Surveying will traverse the decline to ~800 feet and use an Emesent HVM100 to produce geolocated point clouds and a 3D mesh.
Field work is expected to finish in April 2026 with final deliverables approximately three weeks after completion. The dataset will support 3D geological modeling, refined drill targeting, and underground-access planning.