Copper Added to New USGS Critical Minerals List Highlighting Increased Support for US Copper Projects Like American Pacific’s Madison & Palmer Projects
Copper Added to New USGS Critical Minerals List Highlighting Increased Support
for US Copper Projects Like American Pacific’s Madison & Palmer Projects
Vancouver, B.C. – November 6, 2025 – American Pacific Mining Corp. (CSE: USGD | OTCQX:
USGDF | FWB: 1QC) (“American Pacific” or the “Company”) is pleased to highlight the recent
addition of copper to the U.S. Geological Survey (USGS)’s 2025 list of critical minerals as the
Trump Administration expands the scope of what minerals are considered vital to US interests.
Copper joins, silver, zinc, lead and barite, plus 55 additional minerals for a total of 60 the US
considered critical as part of the new US Geological Survey list1. The Trump Administration has
prioritized fortifying domestic supply of these minerals, to combat an over-reliance on foreign
supply that jeopardizes national security, infrastructure development , and technological
innovation, including within the energy sector.
The move is expected to bolster government investment and streamline permitting of copper
projects located in the US that have the potential to buttress the domestic critical metals supply
chain. Recently, the US Government has ramped up direct funding support of US-based mining
projects it deems essential to the US supply chain, launching four new funding initiatives totaling
nearly US $1 billion with grants of up to $250 million for new critical metals projects. Additionally,
the Trump Administration has been making direct equity investments into critical metals
projects, including a 5% equity stake in the Thacker Pass lithium project in Nevada.
“The Trump Administration ’s addition of c opper to the latest USGS Critical Minerals List
represents a significant leap forward in validating the importance of domestic projects like our
Madison Copper-Gold Project in Montana and our Palmer Copper-Gold VMS Project in Alaska for
potential future copper production ,” commented Warwick Smith, CEO of American Pacific
Mining. “This move signals the current government’s increased focus on strengthening US supply
chains and is already translating into new funding, investment, and permitting support for the
advancement of critical minerals projects across the United States providing important tailwinds
for advancing our high -quality US copper assets at a time when reliable supply and national
security have never been more important. The Trump Administration’s decision to include copper
1 https://www.usgs.gov/programs/mineral-resources-program/science/about-2025-list-critical-
minerals#overview
in the latest USGS list will help build awareness and understanding amongst legislators about the
important role of copper in everyday life.”
About American Pacific’s US Copper Projects
Madison Copper-Gold Project, Montana
The high-grade Madison Project was host to small -scale production in the early 2000s with 2.7
million pounds of copper produced at grades ranging from 20 -30% copper. Historic al drill
highlights include:
▪ 8.47 metres of 40.03% Cu
▪ 61.63 metres of 6.97% Cu
More recent exploration work returned additional high-grade intercepts confirming the presence
of widespread mineralization beyond what was historically mined , while also, for the first time
ever, demonstrating the link between the historic Broadway and Madison Mine areas.
2024/2025 Drilling Highlights (see July 30, 2025 and September 23, 2024 news releases)
▪ APMMAD25-08: 7.6 metres of 10.2 g/t gold, including 1.5 metres of 44.1 g/t gold)
▪ APMMAD24-09: 8.14 metres of 3.66% Cu, 29.72 metres of 2.09% Cu and 9.75 metres of
1.56% Cu, within a broader 75.13-metre zone of 0.98% Cu
▪ APMMAD24-08: 2.90 metres of 2.41% Cu and 3.17 g/t Au
▪ APMMAD24-06: 12.34 metres of 0.88% Cu and 10.36 g/t Au
Notes: Cu = copper; Au = gold; g/t = grams per tonne
Palmer Copper-Zinc VMS Project, Alaska
Last year, American Pacific reported the highest-grade copper intercepts ever drilled at its Palmer
project, including:
▪ CMR23-172 Zone 1 : 43.8 m grading 6.54% Cu, 3.15% Zn, 0.42 g/t Au and 27.97 g/t
Ag (8.22% CuEq)
▪ CMR23-167 Zone 1: 37.1 m grading 4.57% Cu, 8.44% Zn, 0.50 g/t Au and 29.33 g/t
Ag (8.40% CuEq)
▪ CMR23-169 Zone 1: 33.2 m grading 5.48% Cu, 7.22% Zn, 0.64 g/t Au and 36.78 g/t
Ag (8.95% CuEq)
▪ CMR23-171 Zone 1: 23.9 m grading 9.03% Cu, 3.49% Zn, 0.83 g/t Au and 41.75 g/t Ag
(11.15% CuEq)
Additionally, the Company recently published an updated mineral Resource estimate on the
project, which showed a substantial increase in contained copper (see January 20, 2025 news
release).
Palmer 2025 Mineral Resource Estimate
▪ Indicated: 4.77 million tonnes at 1.69% copper, 5.17% zinc, 0.14% lead, 28.4 g/t silver,
0.29 g/t gold, 20.6% barite (3.5% copper equivalent or 13.2% zinc equivalent) (178 million
pounds of contained copper)
▪ Inferred: 12.00 million tonnes at 0.57% copper, 3.92% zinc, 0.47% lead, 66.3 g/t silver,
0.33 g/t gold, 25.5% barite (3.1% copper equivalent or 8.9% zinc equivalent) (151.5 million
pounds of contained copper)
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 (VMS) project in Alaska, a nd 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 annual 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.
The technical information in this news release regarding the Palmer Project has been reviewed
and approved by Peter Mercer, P.Geo., Senior Vice President of Advanced Project for American
Pacific and a Qualified Person (QP) as defined by National Instrument 43-101, Standards of
Disclosure for Mineral Projects.
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 the NI 43-101 Technical Report for both the Madison and Palmer
Projects at www.americanpacificmining.com.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this
news release.