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American Pacific Mining Mobilizes a Second Drill to its Gooseberry Silver Project

Exploration Programs

NEWS RELEASE

American Pacific Mining Mobilizes a Second Drill to its Gooseberry Silver Project

Vancouver, British Columbia / November 18, 2021 - American Pacific Mining Corp (CSE: USGD

/ OTCQB: USGDF) (“American Pacific” or the “Company”) is pleased to report that it has added a

second drill to its Gooseberry Silver Project in Nevada. The new drill rig is a reverse circular (RC) drill

that will complement the core drill already turning on site, thus accelerating the completion of the

program at the high-grade past-producing silver-gol d mine. Underground mining at Gooseberry ceased

in the mid-1990s and the property, once mined by Asamera Minerals, has not seen any drilling for more

than 25 years.

The Company reports that the initial core drillhole s, part of a 3,500 to 4,000 metre, 15-hole program,

have successfully reached target depths and appear to have cut the main Gooseberry vein approximately

528 feet to the east of the last areas mined by Asamera Minerals.

"Adding the RC rig at Gooseberry is expected to acc elerate the completion of the drill program, after

which we will immediately move both the core and RC rigs to begin testing shallow gold targets at our

recently consolidated and expanded Tuscarora Projec t, also in Nevada,” stated American Pacific

President, Eric Saderholm. “We are excited to move forward with drilling at both of our 100%-controlled

Nevada projects, while ongoing partner-funded work at our Madison Project in Montana continues. We

are well-funded and in a great position to add value through the drill bit and look forward to initial assay

results later this year."

Assay results will be released once received, vetted and interpreted.

Qualified Person

Technical aspects of this press release have been reviewed and approved by Eric Saderholm, P.Geo., the

designated Qualified Persons (QP) under NI 43-101.

About American Pacific Mining Corp.

American Pacific Mining Corp. is a precious metals explorer focused on opportunities in the Western

United States. The Company's flagship asset is the high-grade, past-producing Madison Copper-Gold

project in Montana, under option to joint venture with Kennecott Exploration Company, a division of the

Rio Tinto Group, which the Company acquired in 2020. For this transaction, American Pacific has been

selected as a finalist in the S&P Global Platts Global Metals Awards, an annual program that recognizes

exemplary accomplishments in 16 performance categories, including 'Deal of the Year,' the category in

which American Pacific Mining is competing. The awards program is hosted by S&P Global Platts, the

leading independent provider of information and ben chmark prices for the commodities and energy

markets. Also in the American Pacific's asset portf olio are the Gooseberry Silver-Gold project and the

Tuscarora Gold project: two high-grade, precious me tals projects located in key mining districts of

Nevada, USA. The Company’s mission is to grow by th e drill bit and by acquisition.

On Behalf of the Board of American Pacific Mining Corp.

“Warwick Smith”

CEO & Director

Corporate Office: Suite 910 – 510 Burrard Street Va ncouver, BC, V6C 3A8 Canada

Contact Kristina Pillon, President, High Tide Consulting Corp., 604.908.1695 /

[email protected]

The CSE has neither approved nor disapproved the co ntents of this news release. Neither the CSE nor

its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility

for the adequacy or accuracy of this release.