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. reports exploration and corporate updates for its mineral project portfolio, including the Madison Copper-Gold Project in Montana and the Ziggurat Gold Project in Nevada. Company news commonly covers drill planning, underground sampling, assay results, geological modeling, field reconnaissance, and surface geochemical work tied to copper and gold targets.
Updates also include operating and financial results, capital-structure matters, and portfolio activity involving mineral assets and equity positions. Madison disclosures focus on copper-gold mineralization, skarn and porphyry target concepts, and underground workings, while Ziggurat updates describe gold exploration in Nevada and prospective Carlin-type mineralization.
American Pacific Mining (OTCQX: USGDF) completed a plan of arrangement on March 25, 2026 to sell 100% of the Tuscarora and Danny Boy projects (the Tuscarora District) to ICG Silver & Gold (ICG).
Consideration includes 11,500,000 ICG common shares (7,500,000 distributed pro rata to APM shareholders, 4,000,000 retained subject to a lock-up), a US$5.0 million contingent payment/b) upon commercial production, and APM shareholders received ~ per APM share. ICG completed a subscription receipt financing of ~$2.8 million, converted at $0.35 per share, with warrants exercisable at $0.50 for 24 months. ICG expects CSE trading to commence March 31, 2026.
American Pacific Mining (OTCQX: USGDF) has started a property-wide 3D Magnetotelluric (MT) survey at the Madison Copper-Gold Project in Montana on March 16, 2026.
The program will deploy approximately 100 broadband MT stations on 250‑m and 500‑m grids to image resistivity to 1–2 kilometres, refine drill targets and support a planned 2026 drill program including a minimum of four drill holes.
American Pacific (OTCQX: USGDF) reports discovery of new geological anomalies at the Madison copper-gold project in Montana identified using an ultraviolet (black-light) "fugitive calcite" technique.
Field crews accessed an additional 150 feet of ramp exposure and detected at least one distinct fluorescing vein population that may help vector toward porphyry and CRD targets.
American Pacific Mining (OTCQX: USGDF) reported shareholder voting results from its annual general and special meeting held on February 25, 2026.
Shareholders approved all resolutions, notably the court-approved plan of arrangement with ICG Silver & Gold, election of directors, re-appointment of Davidson & Company as auditors, and re-approval of the stock option plan.
American Pacific (OTCQX: USGDF) reported new underground geological observations at its Madison Copper-Gold Project in Montana on February 6, 2026. Fieldwork exposed approximately 150 feet of decline due to lower water levels and identified a phreatic breccia containing chalcocite veins and native copper that appears to align with the Victoria Pit.
Geologists now recognize at least six breccia types at Madison, improving structural vectoring and refining drill targets ahead of a planned drill program this quarter. Additional data will be integrated into the exploration model.
American Pacific Mining (OTCQX: USGDF) closed a non-brokered private placement on February 5, 2026, issuing 44,318,182 units at $0.22 for aggregate proceeds of $9,750,000.04. Each unit includes one share and one-half warrant exercisable at $0.32 until February 5, 2029.
The company paid $623,431.60 in finder’s fees and issued 2,747,780 finder’s warrants. Net proceeds are earmarked for exploration and development at the Madison Copper-Gold Project in Montana and for general corporate purposes.
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.