American Pacific Receives Updated Permit and Prepares to Commence Next Phase of Drilling at the Madison Copper-Gold Project
American Pacific Receives Updated Permit and Prepares to
Commence Next Phase of Drilling at the Madison Copper-Gold Project
Vancouver, British Columbia – March 31, 2025—American Pacific Mining Corp. (CSE: USGD /
OTCQX: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) is pleased to report that it
has received updated permit approval corresponding to a focused 3,000 metre drill program at
its Madison Copper-Gold project located in Silver Star, Montana, which is expected to commence
in early Q2/2025. The drill program will test two porphyry targets, multiple skarn extensions and
high-grade fault systems (see Figures 1-4).
The Madison Project (“Madison” or the “ Project”) has undergone a transformative process of
review and integration, consolidating decades of exploration data, historical drilling records,
geophysical and geochemical surveys, and field mapping efforts, and revealed five priority target
areas, providing the foundation for a district-wide exploration strategy aimed at uncovering the
full mineral potential of the Project.
“Following an intensive exploration campaign throughout 2024, we meticulously analyzed and
validated a wealth of newly identified targets and substantiated the Project's potential for diverse
mineralization styles, including skarn -hosted deposits, orogenic gold veins, porphyry -style
systems and carbonate replacement mineralization,” commented Eric Saderholm, P.Geo.,
Managing Director of Exploration and Qualified Person for the project. “This next phase of drilling
will include near-mine extension drilling at the Broadway mine area , while also testing highly
prospective porphyry concepts and regional discovery targets. We believe we are taking the most
informed discovery shots drilled to-date at the Project.”
The program is expected to demonstrate significant potential across the Madison district,
advancing the Company's vision of uncovering a copper-gold system of meaningful scale.
Silverstar Fault Complex – Unlocking Exploration Upside
Central to the Company’s exploration strategy is the Silverstar Fault Complex, a significant
structural feature that underpins the district -wide drilling program. This fault complex has
emerged as a critical control on mineralization, offering insights into the architecture of the
Madison Project. Induced Polarization (IP) surveys have revealed compelling geophysical
anomalies along the fault system, ident ifying highly prospective zones of chargeability and
resistivity.
The upcoming drill campaign will strategically target these high -priority zones, leveraging the
Silverstar Fault Complex as a structural guide to test for skarn, porphyry, and orogenic
mineralization in undrilled areas.
Figure 1: 2025 planned drill sites shown on magnetic base map.
Figure 2: Section A/A’ Proposed 2025 drill traces on IP base map (holes projected onto the
section).
Figure 3: Section B/B’ proposed 2025 drill traces on IP background (holes projected onto the
section).
Table 1. Sampling Highlights from 2024 Program
Note 1: Sample coordinates are in WGS84 UTM
Disclaimer note: Grab samples are selected samples and may not represent true underlying mineralization.
Madison Project Sampling and Analysis Quality Assurance and Quality Control Statement
American Pacific is committed to maintaining high standards of accuracy and reliability in
sampling and analysis procedures. The following Quality Assurance and Quality Control (QAQC)
measures are employed in the sampling and analysis processes.
Analytical Methods for the project include:
Paragon Labs
• 50AR-MS: Multi-element analysis (50 elements) using Aqua Regia digestion with ICP-MS
for trace elements.
• AUAG-GR30: Gold and silver analysis via 30g fire assay with gravimetric finish for high-
precision results.
• Au-FA30: Gold determination using fire assay with Aqua Regia digestion and
spectroscopy for detailed concentration measurement.
Sample ID Type Easting Northing Au (ppm) Cu (ppm) Ag (ppm)
MAD24KM-044 rock 396897 5059669 80.6 238.0 77.7
MAD24KM-045 rock 396104 5060497 38.5 39.4 33.0
MAD24KM-011 rock 397107 5060814 19.9 37.5 44.4
MAD24KM-037 rock 396340 5058753 13.7 96.4 3.4
MAD24KM-009 rock 397137 5060792 13.6 111.5 85.6
ZH017 rock 397139 5060802 8.6 64.1 23.3
ZH003 rock 398727 5061031 5.0 2960.0 100.0
MAD24KM-008 rock 397069 5060646 4.9 41.3 1.9
MAD24KM-039 rock 396310 5058763 4.3 86.0 1.1
ZH005 rock 397678 5061486 3.1 151.0 10.5
ZH018 rock 397079 5060810 1.5 72.3 46.4
MAD24KM-027 rock 398440 5060218 0.1 0.1 20.3
Sample ID Type Easting Northing Au (ppm) Cu (%) Ag (ppm)
MAD24KM-019 rock 397966 5058924 1.4 5.2 7.5
MADSS24018 rock 396655 5061403 1.6 3.3 49.5
MAD24KM-026 rock 398336 5060372 1.7 2.7 1.4
MAD24KM-001 rock 397938 5060467 1.6 2.5 15.4
MAD24KM-003 rock 397936 5060506 0.1 1.3 20.2
MAD24KM-018 rock 397962 5058941 0.3 1.2 15.0
MAD24KM-024 rock 398303 5060402 0.6 0.9 23.0
MAD24KM-002 rock 397938 5060475 1.3 0.4 16.9
MAD24KM-018 rock 397962 5058941 0.3 1.2 15.0
• OLAR-OES: Over-limit Aqua Regia digestion ensures accurate results for high-
concentration samples.
ALS Global
• Ag-OG62: Silver analysis with Four-Acid digestion for ore-grade concentrations.
• ME-OG62: Comprehensive ore-grade element profiling using ICP-AES.
• Cu-OG62: Copper-focused analysis tailored for economic studies.
• Pb-OG62: Lead quantification for precise ore-grade mapping.
• ME-GRA21: High-precision gold and silver determination using fire assay with
gravimetric finish.
About the Madison Copper-Gold Project
The Madison Project was host to small-scale production that concluded in 2012, with 2.7 million
pounds of copper produced at grades ranging from 20 -35% copper. Subsequent drilling at
Madison in 2017 included 30.18 metres of 24.50 g/t gold and 0.39% copper and 10.97 metres of
41.65 g/t gold and 0.38% copper (UG17 -05 and UG17 -06, respectively). Full disclosure can be
found in the Company’s NI 43 -101 Technical Report for the Madison Project
(americanpacificmining.com)
Qualified Person Statement
Technical aspects of this press release have been reviewed and approved by the designated
Qualified Person under National Instrument 43 -101, Eric Saderholm, P.Geo., Managing Director
of Exploration for the Company.
About American Pacific Mining Corp.
American Pacific Mining Corp. is a precious and base metals explorer and developer focused on
opportunities in the Western United States. The Company has two flagship assets: 100%-owned
Palmer Project, a Volcanic Massive Sulphide -Sulphate (VMS) project in Alaska, and the 100% -
owned Madison Project, a past -producing copper -gold project in Montana. For the Madison
transaction, American Pacific was selected as a finalist in both 2021 and 2022 for ‘Deal of the
Year’ at the S&P Global Platts Metals Awards, an an nual program that recognizes exemplary
accomplishments in 16 performance categories. Also, in American Pacific’s asset portfolio are
three high-grade, precious metals projects located in key mining districts of Nevada, USA: the
Ziggurat Gold project, the Gooseberry Silver-Gold project; and the Tuscarora Gold-Silver project.
The Company’s mission is to grow by the drill bit and by acquisition.
References: Analysis of a Deep Induced Polarization (IP) Survey for Broadway Gold Mining, Madison Project, Montana USA; Robert
S. Middelton P.Eng
Madison Gold – Copper Project near Whitehall, Montana Induced Polarization/Resistivity Results, July 18, 2008; Gradient
Geophysics, Inc.
On behalf of the American Pacific Mining Corp Board of Directors:
Warwick Smith, CEO & Director
Corporate Office: Suite 910 – 510 Burrard Street
Vancouver, BC, V6C 3A8 Canada
Investor relations contact:
Kristina Pillon, High Tide Consulting Corp.
604.908.1695 / [email protected]
Media relations contact:
Adam Bello, Primoris Group Inc.
416.489.0092 / [email protected]
Full disclosure can be found in our NI 43-101 Technical Report for the Madison Project at
www.americanpacificmining.com.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this
news release.