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American Pacific Mining Prepares to Drill High-Priority Porphyry and Skarn Targets at Madison Copper-Gold Project

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American Pacific Mining (OTCQX: USGDF) received a key drill permit and is preparing Phase II drilling at its 100%‑owned Madison Copper‑Gold Project, 43 km SE of Butte, Montana.

Phase II will test large porphyry targets at depth beneath known high‑grade skarn zones, follow up step‑out skarn holes along the Silver Star corridor, and drill shallow structural targets and district anomalies guided by IP, magnetic, geochemical and 3D structural models. Historical highlights cited include 30.18 m @ 24.50 g/t Au and 10.97 m @ 41.65 g/t Au from underground drilling, and grab assays up to 38.5 g/t Au and 33 g/t Ag.

American Pacific Mining (OTCQX: USGDF) ha ottenuto un permesso chiave per le trivellazioni ed è in preparazione della perforazione della Fase II nel suo progetto Madison Copper‑Gold, al 100% di proprietà, a 43 km a sud-est di Butte, Montana.

La Fase II testerà grandi bersagli porfirici in profondità al di sotto di note zone di skarn ad alto tenore, seguirà sondaggi di estensione dello skarn lungo l'asse Silver Star e studentterà bersagli strutturali superficiali e anomalie di distretto guidate da IP, magnetico, geochimico e modelli strutturali 3D. I punti salienti storici citati includono 30,18 m a 24,50 g/t Au e 10,97 m a 41,65 g/t Au dall'estrazione sotterranea, e campioni grab fino a 38,5 g/t Au e 33 g/t Ag.

American Pacific Mining (OTCQX: USGDF) recibió un permiso clave para perforaciones y está preparando la perforación de la Fase II en su proyecto Madison Copper‑Gold, 100% propiedad, a 43 km al sureste de Butte, Montana.

La Fase II probará grandes objetivos porfiríticos a profundidad bajo zonas de skarn de alto grado conocidas, dará seguimiento a sondeos de skarn de extensión a lo largo del corredor Silver Star y perforará objetivos estructurales superficiales y anomalías distritales guiadas por IP, magnético, geoquímico y modelos estructurales 3D. Los aspectos históricos destacados citados incluyen 30,18 m @ 24,50 g/t Au y 10,97 m @ 41,65 g/t Au desde perforación subterránea, y muestreos grab (grab) de hasta 38,5 g/t Au y 33 g/t Ag.

American Pacific Mining (OTCQX: USGDF)가 주요 시추 허가를 받았고 매디슨 구리-금 프로젝트의 2단계 시추를 준비 중이며, 몬태나주 눗트에서 남동쪽으로 43km 떨어진 100% 소유의 프로젝트이다.

2단계는 고품위 스포린(Zporphyry) 목표를 깊이에서 알려진 고품질 스카른 구역 아래에서 테스트하고, Silver Star 구간을 따라 확장 시추를 수행하며, IP, 자기, 지구화학 및 3D 구조 모델에 의해 안내되는 얕은 구조적 목표 및 지역 이상점을 시추한다. 역사적으로 인용된 하이라이트로는 지하 시추에서 30.18 m @ 24.50 g/t Au, 10.97 m @ 41.65 g/t Au가 있으며, 그랩 샘플은 최대 38.5 g/t Au 및 33 g/t Ag이다.

American Pacific Mining (OTCQX: USGDF) a obtenu un permis de forage clé et prépare le forage de la Phase II sur son projet Madison Copper‑Gold, détenu à 100 % par la société, à 43 km au sud-est de Butte, Montana.

La Phase II testera de grandes cibles porphyriques en profondeur sous les zones de skarn de haut grade connues, poursuivra des forages de skarn d’extension le long de l’axe Silver Star, et forera des cibles structurelles superficielles et des anomalies distritales guidées par l’IP, le magnétique, la géochimie et des modèles structurels 3D. Les points forts historiques cités incluent 30,18 m @ 24,50 g/t Au et 10,97 m @ 41,65 g/t Au issus de forages souterrains, et des échantillons prélevés (grab) jusqu’à 38,5 g/t Au et 33 g/t Ag.

American Pacific Mining (OTCQX: USGDF) hat eine wichtige Bohrgenehmigung erhalten und bereitet Phase-II-Bohrungen in seinem zu 100 % eigenen Madison-Kupfer-Gold-Projekt vor, 43 km südöstlich von Butte, Montana.

Phase II wird große Porphyr-Ziele in der Tiefe unter bekannten hochgradigen Skarnzonen testen, Folgebohrungen entlang des Silver Star-Korridors durchführen und flache Strukturziele sowie Distriktanomalien bohren, geleitet von IP, Magnetik, Geochemie und 3D-Strukturmodellen. Historische Highlights umfassen 30,18 m bei 24,50 g/t Au und 10,97 m bei 41,65 g/t Au aus unterirdischen Bohrungen, sowie Grabproben bis zu 38,5 g/t Au und 33 g/t Ag.

American Pacific Mining (OTCQX: USGDF) حصلت على ترخيص حفر رئيسي وتجهّز حفر المرحلة الثانية في مشروع Madison Copper‑Gold المملوك بنسبة 100%، الواقع على بُعد 43 كم جنوب شرق بوت، مونتانا.

Phase II ستختبر أهداف بورفيرية كبيرة بعمق تحت مناطق السكّران عالية الدرجة المعروفة، وستتابع حفر سكّران امتدادية على طول محور Silver Star، وستحفر أهدافاً هيكلية سطحية وانحرافات إقليمية موجهة بنماذج IP، ومغناطيسية، وجيولوجيا كيميائية ونماذج بنيوية ثلاثية الأبعاد. الأبرز تاريخياً يتضمن ما ذكر من حفر تحت الأرض: 30.18 م عند 24.50 جم/طن من الذهب و10.97 م عند 41.65 جم/طن من الذهب، وعيّنات Grab حتى 38.5 جم/طن من الذهب و33 جم/طن من الفضّة.

American Pacific Mining (OTCQX: USGDF) 已获得关键钻探许可,并在其100%自有的 Madison Copper‑Gold 项目 上准备 Phase II 钻探,位于蒙大拿州 Butte 东南 43 公里处。

Phase II 将在已知高品位的 Skarn 区域下方的深处测试大型斑岩靶区,沿着 Silver Star 走廊进行扩展钻探,并钻探受 IP、磁性、地球化学和三维结构模型引导的浅层结构靶区与区域异常。历史亮点包括地下钻探得到的 30.18 m @ 24.50 g/t Au10.97 m @ 41.65 g/t Au,以及抓取样品最高达 38.5 g/t Au33 g/t Ag

Positive
  • Key drill permit secured in early October enabling Phase II drilling
  • Historical high‑grade intercepts: 30.18 m @ 24.50 g/t Au
  • Historical high‑grade intercepts: 10.97 m @ 41.65 g/t Au
  • Grab assays up to 38.5 g/t Au and 33 g/t Ag indicate district anomalies
Negative
  • Porphyry causative target is interpreted but not yet confirmed by new drilling
  • Phase II results are pending; no updated mineral resource or reserve reported

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific" or the "Company") is pleased to announce Phase II drill targets at its 100%-owned Madison Copper-Gold Project, located in the heart of the Idaho-Montana Porphyry Belt, 43 kilometres southeast of Butte, Montana.

Having now received a key drill permit in early October, this next phase of drilling will test large-scale porphyry and high-grade skarn targets with step-outs and deeper holes guided by decades of geologic mapping, geochemical sampling, geophysical surveying, and 3D structural modeling.

Targeting the Porphyry System at Depth
The highest-priority holes will probe beneath previously intersected copper-gold skarn zones, testing induced-polarization (IP) chargeability highs and coincident magnetic boundaries interpreted to represent the top of a concealed porphyry copper-gold center (Figure 2).

"As our geologic team has continued to generate, compile, and model data, the source of Madison's high-grade skarns and veins is becoming much clearer," commented Managing Director of Exploration, Eric Saderholm. "This is truly an exciting time for American Pacific given that, less than two years ago when we started evaluating new and historic datasets, concepts like these targets were not yet defined or well understood. At that time, we understood Madison to be a high-grade copper-gold porphyry expression, the origins of which we could only speculate. Today, we have a much more precise understanding of the source of those high-grade zones and Phase II drilling will focus on these newly identified targets as we work to demonstrate Madison's full potential."

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Figure 1: Plan view map showing targets with section line locating Figure 2

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Figure 2: Section view of proposed causative mineralizing porphyry target

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Expanding High-Grade Skarn Mineralization

Step-out holes along the Silver Star structural corridor will aim to expand known zones of high-grade copper-gold skarn mineralization. Historical intercepts included 30.18 metres of 24.50 grams per tonne ("g/t") gold and 0.39% copper and 10.97 metres of 41.65 g/t gold and 0.38% copper from underground drilling. The upcoming program will test down-dip and along-strike extensions where skarn alteration remains open, particularly at lithologic contacts between the Madison Group limestone and the Rader Creek intrusions.

Untested Structural Targets

In addition to known zones, several new areas are now within the Company's targeted plan, including structurally hosted style targets defined by strong alteration, veins, and copper-oxide staining at surface along structural pathways. Shallow holes will evaluate these features as potential feeder conduits linking upper-level skarn and vein mineralization to deeper intrusive sources.

District-Scale Potential

American Pacific's geologic team has outlined multiple magnetic and geochemical anomalies across the district. One newly mapped mafic intrusion returned assays up to 38.5 g/t Au and 33 g/t Ag from grab sampling. These anomalies will be tested with shallow reconnaissance holes to evaluate the scale and continuity of the mineralized system across the property.

About the Madison Copper-Gold Project

The Madison Project was host to small-scale production that concluded in 2012, with 2.7 million pounds of copper produced at grades ranging from 20-35% copper. Subsequent drilling at Madison in 2017 included 30.18 metres of 24.50 g/t gold and 0.39% copper and 10.97 metres of 41.65 g/t gold and 0.38% copper (UG17-05 and UG17-06, respectively). Additional production at the nearby Broadway/Hudson Mines is reported to total ~147,000 ounces gold at 9.9 g/t and recent drilling has provided substantial evidence to demonstrate a structural and stratigraphic link connected the past-producing, which are located along the same northwest-trending corridor of altered quartz monzonite and associated skarn that is now understood to be a part of the same mineralizing system.

Full disclosure can be found in the Company's NI 43-101 Technical Report for the Madison Project (americanpacificmining.com).

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-Sulphate (VMS) project in Alaska, and 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.

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 / Kristina@americanpacific.ca

Media relations contact:

Adam Bello, Primoris Group Inc.
416.489.0092 / media@primorisgroup.com

Full disclosure can be found in our NI 43-101 Technical Report for the Madison Project at www.americanpacificmining.com.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269527

FAQ

What will American Pacific Mining (USGDF) test in Phase II drilling at Madison?

Phase II will test concealed porphyry targets at depth, step‑out skarn holes along the Silver Star corridor, and shallow structural/feeder targets defined by IP, magnetic, and geochemical data.

When did USGDF receive the drill permit for the Madison project?

The company received a key drill permit in early October 2025, enabling the Phase II program to proceed.

What historical high‑grade results exist at Madison referenced by USGDF?

Reported historical intercepts include 30.18 m @ 24.50 g/t Au and 10.97 m @ 41.65 g/t Au from underground drilling.

Do the Phase II targets include district‑scale anomaly testing for USGDF?

Yes; Phase II includes shallow reconnaissance holes to test multiple magnetic and geochemical anomalies across the district.

Has American Pacific (USGDF) confirmed a porphyry source at Madison?

No; the company has interpreted a causative porphyry based on geophysics and mapping, but confirmation awaits Phase II drill results.

How might Phase II drilling affect USGDF shareholders near term?

Successful confirmation of a porphyry or expanded high‑grade skarn could materially increase project value, but results are pending and outcomes are uncertain.
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