American Pacific Mining Corp. · CSE:USGD
American Pacific Mining — Investor Presentation (June 2023)
40 slides from American Pacific Mining's investor presentation, June 2023
Slide 1: Three World-Class Partners on Western US Projects
THREE WORLD-CLASS PARTNERS ON WESTERN US PROJECTS JUNE 2023 AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF INVESTOR PRESENTATION
Slide 2: Forward Looking Statement
Forward Looking Statement All statements in this presentation, other than statements of historical fact, are "forward-looking information" with respect to American Pacific Mining Corp (APM) within the meaning of applicable securities laws including, without limitation economic estimates and statemen
Slide 3: About American Pacific Mining: Share Capital Structure
ABOUT AMERICAN PACIFIC MINING Share Capital Structure CSE:USGD Ticker OTCQX:USGDF Common Shares 196,588,052 Institutional Investors 15% Michael Gentile 12% Options 7,732,529 Warrants 14,073,920 About Michael Gentile Ex professional money Fully Diluted 218,394,501 manager at $2B Formula Growth Fund a
Slide 4: American Pacific's Strategic Partners and JVs
EXPLORATION PARTNERS American Pacific’s Strategic Partners and JVs 2023 BUDGET (USD) BUDGET ANNOUNCEMENT 2023 BUDGET (USD) IN Q2 $25.5M $1.3M PALMER VMS PROJECT MADISON MINE ZIGGURAT PROJECT AMERICAN PACIFIC MINING CORP. PAGE 4
Slide 5: What's Ahead
ABOUT AMERICAN PACIFIC MINING What’s Ahead ~CAD $36M in partner-funded exploration and development Completion of Phase II drill program at Gooseberry Q2 Exploration update on Madison Q2 Drilling Palmer Q2, 2023 Drilling Ziggerat Q3, 2023 Further potential M&A AMERICAN PACIFIC MINING CORP. CSE:USGD |
Slide 6: Palmer VMS Project
VMS DISCOVERY IN SOUTHEAST ALASKA, USA Palmer VMS Project Advancing a high-grade copper-zinc resource to feasibility with PEA Completed in June 2019 • 2019 PEA post-tax NPV@7% US$266M (US$505M) August 2022 spot prices) A L A S K A • ~C$30M transaction vs ~C$230M attributable NPV Defining a multi-dep
Slide 7: AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 7
AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 7
Slide 8: Two High-Grade Deposits Copper-Zinc-Silver-Gold and Barite
PALMER VMS PROJECT Two High-Grade Deposits Copper-Zinc-Silver-Gold and Barite Tonnes Zn Cu Pb Ag Au Barite ZnEq CuEq Resource Deposit Cut-off Category (kt) (%) (%) (%) (g/t) (g/t) (BaSO4%) (%) (%) $75/t NSR Indicated 4,677 5.23 1.49 - 30.8 0.30 23.9 10.21 3.92 Palmer Deposit (South Wall & RW) $75/t
Slide 9: Deposit Comparisons
PALMER VMS PROJECT Deposit Comparisons AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 9
Slide 10: Located Within a Premier Mineral Belt
PALMER PALMER VMS PROJECT VMS Windy PROJECT Located Within a Craggy Deposit High way Skagway Port Premier Mineral Belt Haines Big Nugget Port Deposits are large and rich Project Tr ia ss Kensington ic Mine VM Rich mining district with 2 active mines ALASKA S Be Coeur Mining lt GREENS CREEK MINE Amon
Slide 11: 2019 Preliminary Economic Assessment (PEA)
PALMER VMS PROJECT 2019 Preliminary Total Cash Flow pre-tax $738M undiscounted Economic Assessment NPV pre-tax NPV post-tax $354M at 7% discount rate $266M at 7% discount rate (PEA) IRR 24% pre-tax & 21% post-tax Life of Mine 11 years after 24-months of pre-production Major Milestone Achieved June 2
Slide 12: Path to Feasibility: Underground Exploration & Mine Decision
PATH TO FEASIBILITY Underground (UG) Exploration & Mine Decision 01 Preliminary Economic 04 Assessment (PEA) Collar Positive PEA & Recommendation to proceed with UG Exploration Portal 03 PFS to FS level Engineering Receipt of amended Resource Updates 05 Waste Management Permit (WMP) UG Complete CONS
Slide 13: Kuroko – A District Model for Palmer
PALMER VMS PROJECT Kuroku – A District Model for Palmer Kuroko Mine - 138Mt DISTRICT Japan • Multiple deposits located along same geologic horizon VMS VMS MineMine +100 year +100 year history history of mining of mining AG Zone: 4.3 Mt Palmer Deposit: 10.0 Mt Palmer Mineral DISTRICT Alaska RW no • M
Slide 14: AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 14
AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 14
Slide 15: Ziggurat Project
THE ROUND MOUNTAIN TREND IN NEVADA, USA Ziggurat Project USGD acquired the Ziggurat Project via the acquisition of Clearview Gold in May 2023 Located at the northern end of Round Mountain Trend – an active mining region in Nevada with several multi-million-ounce gold projects Excellent infrastructur
Slide 16: An active district being developed and explored by Majors
ZIGGURAT PROJECT N An active district ROUND MOUNTAIN MINE being developed and explored by Majors 2 0 km ZIGGURAT PROJECT km 42 KM ² LAND PACKAGE 13 GOLD HILL MINE 20 km from Kinross’ Round Mountain Mine (>15 Moz Au produced) 9.5 km Adjacent to Newmont’s Northumberland Mine (3.5 Moz Au, 11 Moz Ag pro
Slide 17: Geophysical targets identified but never drill-tested
A N Surface Rock Chip Anomaly, up to 4.1 g/t Au ZIGGURAT PROJECT Target Area Geophysical targets A’ Rhyolite Intrusion identified but never Surface Rock Chip Anomaly, up to 9,000 ppm As (27 Ma) drill-tested Target Strongly Area brecciated limestone Carlin-type deposits – strong pathfinder & shale el
Slide 18: Exploration 100% funded by Centerra Gold Inc.
Exploration 100% funded by Centerra Gold Inc. 2022 EXPLORATION PROGRAM >560 soil samples >160 rock chips Airborne 68 line-km collected collected hyperspectral survey CSAMT resistivity survey AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 18
Slide 19: AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 19
AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 19
Slide 20: Madison Mine
COPPER-GOLD IN MONTANA, USA Madison Mine USGD acquired the permitted Madison Copper Gold Mine from Madison Metals June 2020 Rio Tinto earning 70% interest with US$30M spend with USGD free carried Past production 2008 - 2012 of 2.7M lbs of copper with grades ranging from ~20% to over 35% copper and 7
Slide 21: Historical Drill Highlights
MADISON MINE HOLE ID Thickness (m) Au_g/t Cu% Historical Drill UG17-05 30.18 24.497 0.39 Highlights UG17-06 10.97 41.65 0.38 Exceptional grades allowed for mining UG17-06 including 4.60 82.87 Not significant with very basic methods & infrastructure 86-6 7.31 25.75 Not significant C05-06 14.69 12.10
Slide 22: Madison Project has Fortitude Characteristics
MADISON MINE Madison Deposit Fortitude Deposit Madison Project 2.5M oz Au Transposed to section at approximate scale has Fortitude Characteristics Fortitude deposit has 2.5M ounces gold AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 22
Slide 23: Madison Core 2017 Drilling
MADISON MINE Madison Core 2017 Drilling Hole C17-24 – latite porphyry Left: Carbonate-latite porphyry contact; note the chaotic folding and brecciation Right: Latite porphyry showing the phyllic alteration AMERICAN PACIFIC MINING CORP. PAGE 23
Slide 24: Madison Ore
JASERPOID | NATIVE COPPER/CHALCOCITE | MASSIVE SULFIDE/SKARN Madison Ore JASPEROID/JASPER ORE NATIVE COPPER\CHALCOCITE ORE MASSIVE SULFIDE/SKARN ORE Grades: Grades: Grades: Hole 88-C9 (199'-213', 14 ft) Hole 94-5R (475'-485', 10 ft) Hole CO6-8 (401'-418.7',17.7 ft) Au= 0.53 opt Au= 0.020 opt Au= 0.6
Slide 25: AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 25
AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 25
Slide 26: Tuscarora Project
HIGH GRADE GOLD—NEVADA, USA Tuscarora Project Historical District Production The Tuscarora volcanic field is the largest example of Eocene age magmatism in Nevada The field formed between 39.9 and 39.3 Ma, which corresponds to the 40-37 Ma age of gold mineralization in the Carlin Trend This represen
Slide 27: Drill Highlights
TUSCARORA PROJECT Drill Highlights Intercepts as high as 368.31 g/t Au SOUTH NAVAJO ZONE EAST PEDIMENT ZONE 4.57m of 127.08 g/t Au, 1.52m of 52.37 g/t Au including: 1.52m of 4.14 g/t Au 1.52m of 368.31 g/t Au 1.53m of 51.06 g/t Au 1.53m of 27.61 g/t Au 1.52m of 18.40 g/t Au 3.05m of 16.06 g/t Au, in
Slide 28: Sample Highlights
TUSCARORA PROJECT Sample Highlights Samples as high as 21,032 g/t Gold 38,820 g/t Silver GRAND PRIZE TARGET MODOC TARGET 21,032 g/t Au & 38,820 g/t Ag 2,850 g/t Au & 1,460 g/t Ag 391 g/t Au & >10,000 g/t Ag 150.50 g/t Au & 2,380 g/t Ag 19.45 g/t Au & >10,000 g/t Ag 121 g/t Au & 118 g/t Ag 3.32 g/t A
Slide 29: AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 29
AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 29
Slide 30: Danny Boy Project
N HIGH GRADE GOLD—NEVADA, USA Danny Boy Project Rock Sample, 42 g/t Au Rock Sample, 21 g/t Au 15 g/t Au 18 g/t Au Rock Sample, 5.8 g/t Au 100% owned – Claims on BLM land 30 km north of the prolific Carlin Trend, adjacent to Tuscarora Project DANNY BOY TUSCARORA Potential for high-grade epithermal go
Slide 31: AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 31
AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 31
Slide 32: Gooseberry Mine
SILVER-GOLD IN NEVADA Gooseberry Mine High-grade, low sulphidation, epithermal vein system encompassing the historical Gooseberry silver-gold mine which operated between 1900 and 1990 Phase II drilling commenced Q1, 2023 up to 15 holes (3048 metres) to be expanded upon success 2021 drilling identifi
Slide 33: High-Grade Past Producer
GOOSEBERRY MINE High-Grade Past Producer 2017 Drilling Selection of maps are from 849,850,1000-5,1000-7 stopes of Gooseberry Mine which USGD believes were later mined by Asamera. No QA/QC is available and results have not been verified by QP as defined by NI 43-101. Past sampling result are not nece
Slide 34: Well-rounded team with big company exploration and capital markets experience
MANAGEMENT & DIRECTORS: Well-rounded team with big company exploration and capital markets experience Warwick Smith Eric Saderholm Peter Mercer Alnesh Mohan Ken Cunningham Joness Lang CEO & DIRECTOR PRESIDENT & DIRECTOR SENIOR VP, ADVANCED PROJECTS CFO & DIRECTOR DIRECTOR DIRECTOR Mr. Smith is a ven
Slide 35: What's Ahead
ABOUT AMERICAN PACIFIC MINING What’s Ahead ~CAD $36M in partner-funded exploration and development Completion of Phase II drill program at Gooseberry Q2 Exploration update on Madison Q2 Drilling Palmer Q2, 2023 Drilling Ziggerat Q3, 2023 Further potential M&A AMERICAN PACIFIC MINING CORP. CSE:USGD |
Slide 36: Contact Us
CONTACT US Kristina Pillon INVESTOR RELATIONS 604-908-1695 kristina@americanpacific.com AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF INVESTOR PRESENTATION
Slide 37: Additional Projects
APPENDIX ADDITIONAL PROJECTS AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF INVESTOR PRESENTATION
Slide 38: Alpha Project
HIG HW AY 80 N HIGH GRADE GOLD—NEVADA, USA e nt eam Alpha Project Lin lley Bob Creek Zone Rock Chip Anomaly t Va Up to 1.2 g/t Au cen 100% ownership with strategic location – close Target 9000 ppm As s 40 ppm Hg Cre proximity to Carlin, Battle Mountain, and Eureka trends Area Intense kilometer-scale
Slide 39: Red Hill Project
GOLD ON THE CORTEZ TREND, NEVADA, USA Red Hill Project 80 claims covering 1,500 acres 24 km SE of the 12M oz Cortez Hills gold deposit within the prolific Cortez trend in Eureka County, Nevada Previous drilling by Barrick returned high-grade results, including: • 24.4m of 4.99 g/t Au, including 13.7
Slide 40: South Lida Project
GOLD IN ESMERALDA COUNTY, NEVADA, USA South Lida Project 1,500 acres land package being explored as a sediment hosted, Carlin-type, structurally controlled epithermal gold system Located in western Nevada where the southern part of the Walker Lane structure, a major northwest-southeast- trending str
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