Company Overview - American Pacific Mining Corp (USGD) has approximately $13 million CAD in cash as of July 2025 [5, 6, 8] - The company is focused on high-grade projects in the Western US [8, 67] - Michael Gentile is a 14% shareholder [6] Madison Project (Montana, USA) - USGD acquired the Madison Copper Gold Project in June 2020 and has spent $7.7 million on exploration since 2019 [11] - The Madison Mine had past production of 2.7 million lbs of copper with grades ranging from ~20% to over 35% and 7,570 ounces of gold at 16.1 g/t [11] - The Broadway Mine had past production of 144,000 oz Au / 4.54 g/t [11, 27] - Phase I 2025 drill program intersected 23.2 g/t Au over 1.5 m within a broader 19.8 m interval of 2.0 g/t Au in hole APMMAD-25-02 [15] - APMMAD25-08 intersected 44.1 g/t Au over 1.5 m within a broader interval of 10.2 g/t Au over 7.6 m [18] Palmer VMS Project (Southeast Alaska, USA) - The company owns 100% of the Palmer VMS Project after taking over ownership from Dowa Metals and Mining Alaska Ltd, with Dowa retaining an option to acquire 50% of zinc offtake once in production [47] - Dowa made a $10 million USD cash payment to American Pacific as part of the transaction [47] - Total project expenditures of >$116 million USD by the end of 2024 [47] - Indicated Mineral Resources include 4.77 Mt at 1.69% Cu, 5.17% Zn, 0.14% Pb, 28.4 g/t Ag, and 0.29 g/t Au [54] - Inferred Mineral Resources include 12.00 Mt at 0.57% Cu, 3.92% Zn, 0.47% Pb, 66.3 g/t Ag, and 0.33 g/t Au [54]