American Pacific Mining
Financials:
Primary ticker: CSE:USGD, OTCQB:USGDF
Stage of development: Exploration
Primary minerals: Gold, Copper, Silver
Project to promote: Madison, Tuscarora, Gooseberry
Project location: USA
Website: americanpacific.ca
Corporate presentation: Click here
Corporate video: Click here
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 was 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 competed. The awards program is hosted by S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets. Also in the American Pacific’s asset portfolio are the Gooseberry Silver-Gold project and the Tuscarora Gold-Silver project: two high-grade, precious metals projects located in key mining districts of Nevada, USA. The Company’s mission is to grow by the drill bit and by acquisition.
Cash: C$16M
Debt: /
Major shareholders:
Michael Gentile – 7.6%
Merk – 2.7%
Warwick Smith – 0.55%
Eric Saderholm – 0.45%
Ken Cunningham – 0.2%
Management Ownership – 1.34%
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) while concurrently closing $18M in capital.
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 2020.
As an industry expert, Smith has been featured on Bloomberg, Benzinga, Mining Journal, Northern Mining, S&P Global Platts, Kitco, Traders TV and Mining Weekly and continues to be a significant early investor in both technology and mining companies.
What is your rationale for taking part 121 Mining Investment?
Looking for market support. Investors who will buy in the market and long institutional investors.
What recent news would you like to highlight to investors attending?
Madison Copper-Gold Project in Montana: Partner (Rio Tinto) drilled 14.44 g/t gold over 6.53 m; Including 146 g/t Au and 0.98% Cu Over 0.48m
Tuscarora Gold-Silver Project in Nevada: 17,000m drill program underway to follow up on targets including surface samples of 21,000 g/t gold and 38,000 g/t silver
Gooseberry Silver-Gold Project in Nevada: Assays from 2021 drill program pending
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Drill Program Outline at Madison
Drill results from Gooseberry
6 Months:
Drill results from Tuscarora
Geophysics and target definition at South Lida Project
12 Months:
Red Hill & South Lida partnerships
Exploration Results at Madison
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Typical exploration risk, unfavourable market conditions
What do you think makes your company such a compelling investment?
Tier one partner (Rio Tinto), fully funded ($16M), targeting high grade past producing projects with increased likelihood of exploration success, pro-mining jurisdictions (Nevada, Montana)
What are the top key investor takeaways?
Tier one partner (Rio Tinto)
Fully funded ($16M) for aggressive drill programs with significant news flow
Targeting high grade past producing projects with increased likelihood of exploration success
Pro-mining jurisdictions (Nevada, Montana)
Strong key shareholders (Michael Gentile, Merk)