American Pacific Mining Corp. · CSE:USGD

American Pacific Mining — Investor Presentation (August 2024)

26 slides from American Pacific Mining's investor presentation, Aug 7, 2024

  1. Slide 1: Fueling America's Mission for Homegrown Metals

    FUELING AMERICA’S MISSION FOR HOMEGROWN METALS AUGUST 2024 AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF INVESTOR PRESENTATION

  2. 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

  3. Slide 3: About American Pacific Mining: Share Capital Structure

    ABOUT AMERICAN PACIFIC MINING Share Capital Structure Institutional Investors 15% CSE:USGD Including: Ticker OTCQX:USGDF • Merk Investments • Ixios Asset Management • Palos Management Common Shares 219,088,052 • Intact Financial Michael Gentile 12% Options 13,315,796 Warrants 18,476,282 About Michae

  4. Slide 4: American Pacific's Key Projects

    EXPLORATION PARTNERS American Pacific’s Key Projects PALMER VMS PROJECT MADISON MINE 2024 BUDGET (USD) DRILL PROGRAM $12.8M COMMENCING H1 2024 Partnered with 100% OWNERSHIP AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 4

  5. Slide 5: What's Ahead

    ABOUT AMERICAN PACIFIC MINING What’s Ahead Robust partner-funded exploration and development budget expected in 2024 Drilling Madison H1, 2024 Drilling Palmer H1, 2024 Drill results from multiple projects 2024 Further potential JVs and M&A AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 5

  6. Slide 6: AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 6

    AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 6

  7. Slide 7: 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) • ~C$19.9M transaction vs ~C$230M attributable NPV (Aug 2022) A L A S K A Definin

  8. Slide 8: 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

  9. Slide 9: 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

  10. Slide 10: 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

  11. Slide 11: 2023 Program Achievements

    PALMER VMS PROJECT 2023 Program Achievements Successful 2023 Drill Program Demonstrated Significant Potential High grade copper mineralization with strong metal zoning in core. Copper-zinc mineralization shown to extend beyond limits of MRE highlighting potential for resource expansion downdip and a

  12. Slide 12: Best Copper Intercepts in Palmer History Drilled in 2023

    PALMER VMS PROJECT Best Copper Intercepts in Palmer History Drilled in 2023 UPPER ZONE 1 = 2023 BEST HOLES 43.8 m of 6.54% Cu 3.15% Zn 0.42 g/t Au 27.91 g/t Ag 8.22% CuEq CMR23-172 37.1 m of 4.57% Cu 8.44% Zn 0.50 g/t Au 29.33 g/t Ag 8.40% CuEq CMR23-167 33.2 m of 5.48% Cu 7.22% Zn 0.64 g/t Au 36.78

  13. Slide 13: Additional 2023 Drill Program Results

    PALMER VMS PROJECT Additional 2023 Drill Program Results UPPER ZONE 1 The assay results from these initial 23.4 m of 1.78% Cu 13.73% Zn with elevated gold, silver infill diamond drill holes are encouraging and barite values CMR23-153 and support the mineral resource definition in the Southwall Incl.

  14. Slide 14: Additional 2023 Drill Program Results (continued)

    PALMER VMS PROJECT Additional 2023 Drill Program Results (continued) UPPER ZONE 1 30.7 m of 2.59% Cu 11.21% Zn CMR23-162B Incl. 2.9 m of 6.53% Cu 39.1 m of 1.44% Cu 5.87% Zn And 25% barite CMR23-165 18.4 m of 1.61% Cu CMR23-161 and 14.7 m of 2.66% Cu 2.93% Zn GEOTECHNICAL 10.8 m of 1.28% Cu 13.13% Z

  15. Slide 15: North Wall Target

    PALMER VMS PROJECT North Wall South Wall Target North Wall AMERICAN PACIFIC MINING CORP. PAGE 15

  16. Slide 16: AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 16

    AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF PAGE 16

  17. Slide 17: Madison Mine

    COPPER-GOLD IN MONTANA, USA Madison Mine USGD acquired the permitted Madison Copper Gold Mine from Madison Metals June 2020 100% owned $6.8 million spent on exploration since 2019 Past production 2008 - 2012 of 2.7M lbs of copper with grades ranging from ~20% to over 35% copper and 7,570 ounces of g

  18. Slide 18: 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

  19. Slide 19: 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 19

  20. Slide 20: 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. CSE:USGD | OTCQX:USGDF PAGE 20

  21. Slide 21: 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

  22. Slide 22: Additional Projects

    ABOUT AMERICAN PACIFIC MINING Additional Projects Ziggurat Gold Project-Nevada Located 20 km from Kinross’ Round Mountain Mine (>15 Moz gold produced) Adjacent to Newmont’s Northumberland Mine (3.5 Moz gold, 11 Moz silver production + M&I) Tuscarora District Gold Project-Nevada High-grade gold-silve

  23. Slide 23: 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 Joness Lang Peter Mercer Alnesh Mohan Eric Saderholm CEO & DIRECTOR PRESIDENT SENIOR VP, ADVANCED PROJECTS CFO & DIRECTOR MANAGING DIRECTOR OF EXPLORATION, DIRECTOR Mr. Smith is a vent

  24. Slide 24: Directors

    DIRECTORS: Well-rounded team with big company exploration and capital markets experience Ken Cunningham Ali Hakimzadeh INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR Mr. Cunningham brings 45+ years experience in worldwide diversified mineral exploration and Ali is the Managing Partner of Sequoia Partners

  25. Slide 25: Key Takeaways

    ABOUT AMERICAN PACIFIC MINING Key Takeaways Focused on high-grade projects in the western US that are attractive to majors Uniquely positioned with significant exploration work funded by partners ($17M+ 2024 budget planned) Well-funded with $6M in cash and proceeds from exploration work at Palmer (a

  26. Slide 26: Contact Us

    CONTACT US Kristina Pillon INVESTOR RELATIONS 604-908-1695 kristina@americanpacificmining.com AMERICAN PACIFIC MINING CORP. CSE:USGD | OTCQX:USGDF INVESTOR PRESENTATION

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