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American Pacific Welcomes Launch of US "Project Vault" Strategic Critical Minerals Reserve and Highlights Potential Role of Its Madison Copper-Gold Project, Montana
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific", or the "Company") is pleased to comment on the Trump Administration's newly announced strategic critical minerals reserve, "Project Vault," and the potential implications for the Company's Madison Copper-Gold Project ("Madison" or the "Project") in Montana, USA.On February 2, US President Donald Trump announced the creation of Project Vault,
About this update from American Pacific Mining Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific", or the "Company") is pleased to comment on the Trump Administration's newly announced strategic critical minerals reserve, "Project Vault," and the potential implications for the Company's Madison Copper-Gold Project ("Madison" or the "Project") in Montana, USA.On February 2, US President Donald Trump announced the creation of Project Vault, a first-of-its-kind strategic stockpile of critical minerals, including copper, intended to reduce US reliance on foreign supply chains and shield domestic manufacturers from supply disruptions. Project Vault is expected to be funded with approximately US $12 billion, which includes a US $10 billion loan from the US Export-Import Bank (EXIM) and up to US $2 billion of private-sector investment, and is designed to function in a manner similar to the US Strategic Petroleum Reserve, but focused on critical and strategic metals, including copper.The initiative aims to divert mineral supply chains away from China and other dominant producers, with an emphasis on critical and strategic metals essential to the automotive, aerospace, technology and energy sectors. Project Vault is expected to support long-term security of supply by building and managing an emergency source of key minerals and by catalyzing investment in reliable production in the US and allied jurisdictions."Once again, President Trump and the current administration are shining an important light on the need for more critical metals within the United States. We believe that this new policy enhances the strategic relevance of our Madison Project, a high-grade, past-producing copper and gold project located in a historic mining district in Montana," commented American Pacific CEO, Warwick Smith. "As a key metal of electrification, transmission infrastructure and a myriad of industrial applications, copper has become increasingly important to the energy transition and advanced manufacturing. Madison, with its existing underground development, high-grade copper-gold mineralization and proximity to infrastructure, is well aligned to benefit from Project Vault and the associated push to secure domestic critical m...