Copper-Zinc Explorer Gets $10M Cash Injection | American Pacific CEO Interview (CSE: USGD)
American Pacific CEO Interview (CSE: USGD).
American Pacific Mining Corp. has acquired 100% ownership of the Palmer VMS Project in Alaska and received $10 million as part of the transaction.
The Palmer Project, located near a deep seaport in Haines, Alaska, is an advanced-stage copper-zinc-gold-silver exploration site with defined mineral resources and remaining exploration areas.
The interview covers the details of the acquisition, mineral resources, and planned exploration activities, as well as the company’s other flagship asset, the Madison Project in Montana.
VERY IMPORTANT WARNING:
American Pacific Mining Corp. has paid for the production of this video.
The views and opinions expressed in this interview are those of the guest and do not represent the views of the channel or the host.
No recommendations are being made to buy or sell any securities in this video.
The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose.
The minimum risk on anything mentioned in this publication is 100% loss of capital. Read the official filings on www.SedarPlus.ca.
Timestamps:
00:00 - Intro
03:54 - Why do this deal now?
06:40 - Why $10M?
08:30 - Is there room for a JV on Palmer now?
10:40 - Does the deal increase G&A?
11:30 - 2025 G&A estimate
13:10 - Which project gets the lion's share of the money?
13:55 - How much money will be spent on Madison?
14:30 - When MRE on Madison?
15:30 - Is Madison fully permitted?
16:55 - Why not spin out or sell Palmer?
19:10 - How much more capital does Palmer need?
21:35 - How will permitting VMS in Alaska work?
24:38 - What do the recent assay results mean for American Pacific?
26:10 - Is the structural model on Palmer changing?
27:10 - Growth by the drill bit or growth by acquisition?
29:27 - How does American Pacific look at assets before M&A?
34:25 - Is American Pacific interested in selling the Nevada assets?
36:00 - What is the long-term goal for American Pacific?
38:25 - Summary
