American Pacific Mining Corp
Financials:
Primary ticker: CSE:USGD, OTCQB:USGDF
Stage of development: Exploration, Development
Primary minerals: Copper, Gold, Zinc, Silver
Project to promote: Palmer, Madison, Tuscarora, Ziggurat
Project location: USA
Website: americanpacific.ca
Corporate presentation: Click here
Corporate video: Click here
VIDEO OVERVIEW by management and Michael Gentile: https://www.youtube.com/watch?v=aqGB4sMrXyo
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; a 14 million tonne, high-grade, Palmer Volcanic Massive Sulfide (VMS) project in Alaska, under joint-venture partnership with Dowa Metals & Mining, owner of Japan’s largest zinc smelter and the Company is also partnered with Kennecott Exploration, a division of the Rio Tinto Group, on the past-producing Madison 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 Global Metals Awards, an annual program that recognizes exemplary accomplishments in 16 performance categories. Also in American Pacific’s asset portfolio are several high potential precious metals exploration assets in Nevada, including the Ziggurat Gold project, partnered with Centerra Gold; the Gooseberry Silver-Gold project; and the Tuscarora District project. The Company’s mission is to grow by the drill bit and by acquisition.
Cash: CAD$5M
Debt: NIL
Major shareholders:
Michael Gentile – 12%
Merk – 0.14%
Warwick Smith – 4%
Eric Saderholm – 0.45%
Management Ownership – 5%
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 is your rationale for taking part 121 Mining Investment?
Investors who will buy in the market and long institutional investors.
What recent news would you like to highlight to investors attending?
The Company’s recently announced acquisition of Constantine Metal Resources adds the attractive PEA stage zinc-copper-gold-silver volcanic massive sulphide (VMS) Palmer Project, located in a strategic area of Southeast Alaska (transaction close expected in October 2022). Under partnership with Dowa Mining and Metals – spending US $25.5 in 2023 with 9,000 metre drill program currently underway.
Also being drilled in 2023 will be the Madison Copper-Gold project (partnered with Rio Tinto) and the recently acquired Ziggurat Gold project, partnered with Centerra Gold.
Drill results for four different projects expected throughout H2, 2023.
VIDEO OVERVIEW by management and Michael Gentile: https://www.youtube.com/watch?v=aqGB4sMrXyo
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
- Execute exploration and development programs at Palmer, Ziggurat and Madison projects, majority partner-funded.
- Further potential JVs and M&A
6 Months:
- Continue exploration of projects based on drill bit success.
12 Months:
- See above
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
What do you think makes your company such a compelling investment?
Tier one partners in Rio Tinto, Centerra Gold and Dowa Mining and Metals providing significant funding CAD $36M+ in 2023 for exploration and development of Palmer, Ziggurat and Madison projects; fully funded ($5M) to execute self funded drill programs; targeting high grade past producing projects with increased likelihood of exploration success, pro-mining jurisdictions (Nevada, Montana, Alaska)
What are the top 3 key investor takeaways?
Tier one partner (Rio Tinto) Tier one partner (Dowa Mining and Metals) Tier one partner (Centerra) Significant budget expected to advance Palmer, Ziggurat and Madison in 2023 (majority partner-funded) Fully funded ($5M) for self funded drill programs. 2023 work programs between all projects expected to generate significant news flow Targeting high grade past producing projects with increased likelihood of exploration success Pro-mining jurisdictions (Nevada, Montana, Alaska) Strong key shareholders (Michael Gentile, Merk, Ixios, Palos, Intact)