American Pacific Mining Corp

Primary Ticker: CSE:USGD, OTCQX:USGDF
Stage of Development: Development, Exploration
Primary Minerals: Copper, Gold, Silver, Zinc
Country / Region: United States
Market Cap 35M
Website: 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: the Palmer Project, a Volcanic Massive Sulphide-Sulphate (VMS) project in Alaska, under joint-venture partnership with Dowa Metals & Mining, owner of Japan’s largest zinc smelter; and the 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 high-grade, precious metals projects located in key mining districts in Nevada, USA, including the Ziggurat Gold project and the Tuscarora Gold-Silver project. The Company’s mission is to grow by drill bit and by acquisition.

 

Management Profile:

Warwick Smith - CEO & Director

Warwick Smith is a seasoned venture capitalist with decades of experience in leadership, corporate finance and M&A with a focus on the resource sector since 1999.

At just 30 years old, Warwick was a founding shareholder of Riverside Resources Inc. before becoming CEO of Western Pacific Resources Corp. at age 33 where he successfully negotiated the transaction to acquire the Deer Trail Mine (now operated by MAG Silver).

As current CEO and Director of America Pacific Mining Corp., Smith negotiated the transaction to purchase the past-producing Madison Mine in Montana, a joint venture, earn-in agreement with major, Rio Tinto, a transaction that has subsequently been nominated for the S&P Global Platts Deal Of The Year for 2021.

Subsequently, Mr. Smith lead American Pacific in its takeover of Constantine Metals. This acquisition brought the Palmer Project, a 14 million tonne VMS project in Alaska, under partnership with Dowa Mining and Metals into the fold.

In 2022 Mr. Smith was nominated for CEO of the Year by S&P Global Platts.

 

What are your key goals for the next 3, 6 and 12 months?

3 Months

Results from two summer exploration/drill programs at both Palmer and Madison Projects as part of a CAD $20M 2024 budget

Further potential JVs and M&A

6 & 12 Months

Continue exploration of projects based on drill bit success.

 

What do you think makes your company such a compelling investment?

Significant news flow for 2024 from multiple projects, including: US $12.8M partner funded (Dowa Mining and Metals) exploration budget for Palmer VMS project in Alaska-Results in H2, 2024 (American Pacific receives 7% management fee as operator) Additional exploration results from 100%-owned Madison Copper-Gold project in Montana-H2, 2024