American Pacific Drills 10.2 g/t Gold over 7.6 Metres Including 44.1 g/t Gold over 1.5 Metres and Demonstrates Link Between Historic Broadway and Madison Mine Areas
American Pacific Drills 10.2 g/t Gold over 7.6 Metres Including 44.1 g/t Gold
over 1.5 Metres and Demonstrates Link Between Historic Broadway and
Madison Mine Areas
Vancouver, British Columbia – July 30, 202 5—American Pacific Mining Corp. (CSE: USGD /
OTCQX: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) is pleased to report results
from the final six (6) of eight (8) reverse circulation (“RC”) drill holes completed during Phase I
2025 drilling at the Company’s Madison Project (see press release dated July 10, 2025 for initial
results and Figure 1 for Phase I drill hole locations).
Highlights:
• APMAD25-08 intersected three different mineralized zones, with the upper zone
returning 44.1 g/t Au over 1.5 m within a broader interval averaging 10.2 g/t Au over
7.6 m, starting from 189.2 m downhole. The second zone returned 4.5 g/t Au and 0.2%Cu
over 3.0 m, starting from 230.1 m downhole (see Figure 2).
• APMAD25-08 was a 175 m step-out to the northwest of the historical Broadway Mine
area, with very limited drilling in between, highlighting the expanded exploration search
space and emerging link between the Broadway and Madison mines.
• APMMAD25-05 extended the copper mineralized envelope down plunge towards the
common vector between the Broadway and Madison mines , with 0.5% Cu over 27.4 m
and 0.7 g/t Au over 16.8 m (see Figure 2).
• APMMAD25-06 returned significant pathfinder mineralization, including a notable
interval of 3.0 m averaging 0.23% Bi with 14.5 ppm Te and 4.5 m of 159 ppm Bi with 63
ppm Te
• APMMAD25-07 and 08 returned further porphyry-style geochemical signatures, including
assay values of up to 25.8 ppm Bi with 11.9 ppm Te over 1.5 m
WATCH VIDEO: Technical Fly Through Highlighting Porphyry Signatures & Targeting
Note: m = metres; g/t = grams per tonne; % = percent; ppm = parts per million; Au = gold; Bi = Bismuth; Cu = copper; Te = Tellurium
American Pacific will host a live webinar, today, covering these latest results from Madison.
DATE: Wednesday, July 30th, 2025
TIME: 1:00pm ET (10:00am PT)
REGISTRATION LINK: WEBINAR REGISTRATION LINK
A recording will be available following the webinar.
Warwick Smith, CEO of American Pacific, commented: “Our drilling shows a clear link between
the historic Madison and Broadway mines, with the best gold interval from the program
highlighting a tremendous opportunity to extend high er grade skarn mineralization along strike
at shallower depths and vector towards the porphyry feeder system we believe is responsible for
the higher-grade mineralization within the skarn . Our next phase of drilling, set to commence
during H2, will use data collected from Phase I drilling to help refine drill targets as we work
towards delineating what our team believes could be a substantial buried porphyry.”
WATCH VIDEO: CEO Warwick Smith Speaks to 3D Model Showing Link Between Historic Mine
Areas
Eric Saderholm, Managing Director of Exploration, commented : “The Phase I drill results at
Madison validate our current geological model and confirm the historic Broadway and Madison
mines are structurally and stratigraphically linked within a broader mineralized corridor. This is a
revelation that past exploration efforts did not identify. We are very pleased with the strength of
the skarn mineralization encountered and the porphyry -style geochemical signatures. These
include elevated bismuth tellurides and are but one of the lines of evidence that strongly support
the presence of a deeper porphyry system. These mineral assemblages are rare in other geologic
settings and are significant pathfinder minerals associated with porphyry and high -temperature
skarn systems. Their presence supports the interpretation of a ro bust mineralizing system at
depth and provides strong vectors for targeting the potential porphyry center in upcoming drilling
phases.”
Key Observations and Takeaways
The Company’s Phase I 2025 drilling at Madison builds on previous drillin g, reinterpretation of
historical data and comprehensive 3D geological model work to demonstrate a structural and
stratigraphic link between the past-producing Broadway and Madison Mines for the first time in
Project history (see Figure 1 and 2).
The two deposits are located along the same northwest -trending corridor of altered quartz
monzonite and associated skarn (see Figure 1 below) that is now understood to be a part of the
same mineralizing system. Historical mining at Broadway extracted gold grades averaging 9.9 g/t
Au for 144,000 ounces (1870-1942)1 hosted in the contact aureole . Geological continuity has
been established between the two mines, expanding the exploration search space and indicating
that mineralization extends well beyond the mining limits of both historically mined areas. Strong
west, northwest and southwest vectors have emerged , which have not been historically
interpreted or tested.
Figure 1: Madison – Broadway Mineralized Corridor and Structural Intersection
Figure 2: Oblique Section (400m width) of Madison and Broadway Mines
Note: Intercepts encountered in drill holes 01, 02, 07, and 08 demonstrate strong continuity of mineralization between the hi storical Broadway
Mine horizon and plunge of mineralization at Madison, supporting the presence of a shared mineralizing fluid pathway that remains open at
depth.
Phase I results from the Project have confirmed additional skarn mineralization alongside strong
geological indicators consistent with a deeper porphyry system, including alteration
assemblages, mineral zoning, and geochemical signatures. These findings reinforce the
Company’s interpretation of a larger mineralized system at depth, with structurally controlled
pathways offering critical vectors for targeting. The data has significantly refined future drill
planning and prioritized the most prospective zones for deeper porphyry-focused exploration.
Historic Material Provides Additional Value Potential
Select holes (03, 04) were located to test areas of historic material from past mining operations
at the Project. APMMAD25-03 returned 0.7 g/t Au, 20.8 g/t Ag and 0.3% Cu over 10.7 m from
surface, confirming that a substantial portion of the material retains strongly anomalous metal
values. Additional grab samples of stockpiled material (9 total samples) ranged from 0.84 to
45.4 g/t Au, 21.3 to 100 g/t Ag and 0.85 to 8.33 % Cu, further demonstrating the potential for
material previously considered waste to provide a cash flow opportunity in the future.
Table 1: 2025 Phase I Drill Highlights (grey shaded previously reported July 10, 2025)
Notes: m = metres; Au = gold; Ag = silver; Cu = copper; g/t = grams per tonne; % = percent; (-) = not significant, (*) = remaining historic waste
material. Sufficient work has not been completed to determine true widths for the intervals reported. All intervals are reported as depth of
sample.
Drill From To Interval Au Ag Cu
Hole ID (m) (m) (m) (g/t) (g/t) (%)
APMMAD25-01 135.6 147.8 12.2 0.6 - 0.2
APMMAD25-02 121.9 141.7 19.8 2.0 - -
including 121.9 123.4 1.5 23.2 - -
and 157.0 167.6 10.7 2.1 - -
including 158.5 160.0 1.5 11.3 - -
APMMAD25-03 0.0 10.7 10.7* 0.7 20.8 0.3
and 93.0 94.5 1.5 0.4 13.7 0.4
and 115.8 121.9 6.1 0.6 14.7 0.6
including 115.8 117.3 1.5 1.2 29.2 1.1
APMMAD25-04 0.0 15.2 15.2* 0.5 13.9 0.1
and 102.1 121.9 19.8 1.0 10.0 0.3
including 117.3 121.9 4.6 3.2 19.8 0.6
APMMAD25-05 181.4 208.8 27.4 - - 0.5
and 198.1 214.9 16.8 0.7 - -
and 253.0 254.5 1.5 - - 0.6
APMMAD25-06 44.2 48.8 4.6 0.1 4.3 0.2
and 51.8 59.4 7.6 0.4 15.4 1.1
including 54.9 56.4 1.5 0.8 41.2 2.8
and 70.1 73.2 3.0 0.6 8.2 0.4
and 163.1 164.6 1.5 - - 0.2
APMMAD25-07 125.0 129.5 4.6 2.0 - 0.2
and 141.7 144.8 3.0 1.0 - -
APMMAD25-08 182.9 190.5 7.6 10.2 - -
including 189.0 190.5 1.5 44.1 6.7 -
and 230.1 233.2 3.0 4.5 6.8 0.2
including 231.6 233.2 1.5 7.0 4.3 0.1
and 251.5 253.0 1.5 1.1 1.8 -
Table 2: 2025 RC Drill Hole Locations
Madison Project Sampling and Analysis Quality Assurance and Quality Control Statement
American Pacific Mining is committed to high-quality exploration practices at its Madison Project.
Reverse Circulation (RC) drilling was completed, and sampling occurred on five-foot (1.5-meter)
intervals, with all drilling, sampling, and logging conducted by qualified personnel. The program
included careful planning of drill hole locations, cross-referencing of depths with sample IDs, and
rigorous field QAQC protocols, including the insertion of certified reference material, blanks, and
field duplicates.
All samples were securely transported to Paragon Geochemical Laboratories to their Sparks,
Nevada facility for preparation and analysis. Final assay results and certificates were delivered
directly to the Company.
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.
• OLAR-ASS: Over-limit Aqua Regia digestion ensures accurate results for high-
concentration samples.
Drill Hole Azi Dip Depth (m) E (UTM WGS84) N (UTM WGS84) Elev (m)
APMMAD25-01 170 -70 244 397540 5061110 1616
APMMAD25-02 208 -75 244 397538 5061108 1615
APMMAD25-03 052 -57 169 397570 5061233 1602
APMMAD25-04 042 -65 195 397569 5061234 1604
APMMAD25-05 290 -70 305 397420 5061265 1611
APMMAD25-06 230 -55 184 397615 5061352 1578
APMMAD25-07 116 -55 200 397546 5061105 1615
APMMAD25-08 000 -90 255 397416 5061194 1607
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)
References:
1 Price, B. J. (2005, August 10). Technical report: Madison Gold Property, Silver Star Area, Madison County, Montana, USA (Amended ed.; originally
issued April 30, 2005). Vancouver, BC: B. J. Price Geological Consultants Inc. Report prepared for Minera Capital Corp.
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.
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.