Welcome to our dedicated page for American Pacific news (Ticker: USGDF), a resource for investors and traders seeking the latest updates and insights on American Pacific stock.
American Pacific Mining Corp. (OTCQX: USGDF) is a precious and base metals explorer and developer focused on projects in the Western United States. Its news flow reflects activity across a portfolio that includes the flagship Madison Copper-Gold Project in Montana, advanced-stage and past-producing assets in Nevada, and transaction-driven exposure to the Palmer Copper-Zinc VMS Project in Alaska.
Company news releases cover exploration updates, technical reporting and corporate transactions. For Madison, American Pacific has reported staking and amending claims around the project area, as well as drill results that highlight high-grade copper and gold mineralization. In Nevada, the company has announced an updated NI 43-101 technical report for the Gooseberry Silver-Gold Project and provided detailed drilling results from that low sulphidation epithermal vein system.
Corporate and transaction-related news includes the sale of the Palmer Project to Vizsla Copper Corp. in exchange for equity and milestone-based payments, and an arrangement agreement under which ICG Silver & Gold Ltd. will acquire the Tuscarora and Danny Boy projects in Nevada. These announcements outline consideration structures, contingent payments and the distribution of shares in partner companies to American Pacific shareholders.
Additional releases address matters such as share issuances to former employees under employment agreements and commentary on broader sector developments, including the designation of copper and barite as critical minerals in the United States and how that relates to projects like Madison and Palmer. Investors and observers can use this news page to review historical and ongoing disclosures about exploration results, technical reports, asset sales, equity positions and corporate actions involving American Pacific Mining Corp.
American Pacific (OTCQX: USGDF) commented on the U.S. launch of Project Vault, a strategic critical minerals reserve funded at about US $12 billion (including a US $10 billion EXIM loan and up to US $2 billion private investment) aimed at securing domestic copper supply.
The company said its Madison Copper-Gold Project in Montana, a past-producing, high-grade project with existing underground development and nearby infrastructure, is well aligned to potentially benefit from increased investment, offtake interest and expedited permitting tied to the initiative.
American Pacific Mining (OTCQX: USGDF) mailed its management information circular and proxy materials for an annual and special meeting to be held on February 25, 2026 for shareholder consideration of a court‑approved plan of arrangement with ICG Silver & Gold.
Under the Arrangement Agreement (dated December 7, 2025, amended January 21, 2026), ICG will acquire 100% of the Tuscarora and Danny Boy projects by acquiring Clearview Gold and American Pacific Mining (US) in exchange for 11,500,000 ICG shares. The company will distribute 7,500,000 ICG shares to shareholders pro rata at closing; an illustrative Exchange Ratio is ~0.0283 ICG share per APM share. Interim court order obtained January 23, 2026.
American Pacific Mining (OTCQX: USGDF) announced a plan of arrangement to sell the Tuscarora and Danny Boy projects to ICG Silver & Gold in exchange for 11,500,000 ICG common shares plus a contingent payment of US$5.0 million upon either project reaching commercial production. APM will distribute 7,500,000 of those ICG shares pro rata to APM shareholders and retain 4,000,000 ICG shares. Shareholders at Closing are expected to receive approximately 0.034 ICG share per APM share. The APM shareholder meeting is set for February 18, 2026 (record date Jan 2, 2026) and the Company expects Closing in late February 2026. APM also issued 1,281,722 APM shares at a deemed price of $0.175 totalling $224,301.35 to former employees, subject to a hold until May 13, 2026.
American Pacific Mining (OTCQX: USGDF) filed an updated NI 43-101 Technical Report (effective December 3, 2025) for the past‑producing Gooseberry Silver‑Gold Project in Storey County, Nevada.
Key facts: the company holds an undivided 100% interest with no royalties; Gooseberry is a low‑sulphidation epithermal vein system with historical production from 1900–1990; drill highlights include 3.0m of 1.83 g/t Au & 99.5 g/t Ag and 3.1m of 2.98 g/t Au & 313 g/t Ag. The report and maps are available on SEDAR+ and the company website.
American Pacific Mining (OTCQX: USGDF) will issue an aggregate of 1,281,722 common shares to three former employees at a deemed price of CAD $0.175 per share, on or about January 5, 2026, subject to regulatory approvals.
The share issuance satisfies employment-related liabilities totalling CAD $224,301.35 and is expected to close on or about January 5, 2026. The securities have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption.
American Pacific (OTCQX: USGDF) entered an arrangement to sell 100% of its Tuscarora District (Tuscarora and Danny Boy projects) to ICG Silver & Gold for 11,500,000 ICG common shares, of which 7,500,000 will be distributed pro rata to American Pacific shareholders and 4,000,000 retained by the company. The deal includes up to US$5.0M in contingent cash payable on commercial production and is subject to court, shareholder and CSE conditional listing approvals.
Key mechanics: New APM share and ~0.0342 ICG share per APM share, options/warrants conversion, a 36‑month lockup on retained shares, and an expected close in Q1 2026.
ICG Silver & Gold (OTCQX:USGDF) entered an arrangement agreement to acquire 100% of the Tuscarora District—the Tuscarora and Danny Boy projects—from American Pacific Mining (APM) by issuing 11,500,000 ICG common shares as consideration and contingent payments.
ICG will distribute 7,500,000 of those shares pro rata to APM shareholders and retain 4,000,000 shares for APM. After closing, APM shareholders are expected to hold approximately 19% of ICG. APM is also entitled to US$5,000,000 payable within five business days of either project achieving commercial production. Closing requires transfer of APM properties outside the Tuscarora District.
American Pacific Mining (OTCQX: USGDF) closed the sale of the Palmer VMS Project to Vizsla Copper on December 4, 2025 under an amended share purchase agreement.
The company received 13,888,888 Vizsla Copper shares valued at $15,000,000 (deemed $1.08/share) and is eligible for up to $15,000,000 of milestone payments: $5,000,000 on a NI 43-101 resource ≥22 million tonnes and $10,000,000 on commencement of commercial production.
Post-transaction American Pacific holds 15.8% of Vizsla Copper and will file an early warning report.
American Pacific Mining (OTCQX: USGDF) has amended and staked nine claims totaling approximately 100 acres at its Madison Copper-Gold Project near Butte, Montana, on November 20, 2025.
The claims were formerly held by other parties for nearly a century and are located adjacent to the historic Green Campbell, Hudson and Broadway mines. Several lie along the Hudson Fault, a known gold-copper structure, and fall within the footprint of the company's regional drill program, offering targeted exploration exposure and potential to extend known mineralized corridors.
American Pacific (OTCQX: USGDF) agreed to sell the Palmer copper‑zinc VMS Project in southeast Alaska to Vizsla Copper for $15,000,000 paid in Vizsla common shares plus up to $15,000,000 in milestone payments (a $5,000,000 NI 43‑101 resource milestone and $10,000,000 on commencement of commercial production).
Vizsla plans a concurrent financing of up to $25,000,000; closing is subject to a minimum $5,000,000 raise, regulatory approvals and exchange consents. American Pacific will become a significant Vizsla shareholder but is subject to a 36‑month standstill and other protective covenants.
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