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American Pacific Identifies New Geological Anomalies Revealed in Underground Workings in Advance of Drill Program at Madison Copper-Gold Project in Montana

MWN-AI** Summary

American Pacific Mining Corp. has announced noteworthy findings from its ongoing exploration at the Madison Copper-Gold Project in Montana, facilitated by recent underground work. Utilizing a "fugitive calcite" black-light technique, the geological team, led by Managing Director of Exploration Eric Saderholm, has identified significant geological anomalies that enhance the understanding of Madison’s mineralization. This innovative approach employs ultraviolet light to detect fluorescing calcite, which indicates the potential presence of valuable metals like manganese and lead, important markers for carbonate replacement deposits (CRD) and associated mineralization.

During this exploration phase, the team uncovered an additional 150 feet of underground access made possible by lower water levels. The application of the black-light scanning technique, developed under the guidance of geologist Dr. Peter Megaw, has successfully identified distinct populations of fluorescing veins among non-glowing samples. This discovery aligns with the working hypothesis that the Madison site may contain a cluster of porphyry deposits, rather than a singular source, which adds complexity to its mineralizing system.

American Pacific Mining aims to utilize these findings to further refine exploration strategies and may reveal new avenues for potential mineral deposits. The Company will continue to share updates as additional data comes through, thereby integrating new insights into the broader exploration model. With its focus on precious and base metals in the Western United States, the Madison project remains a key asset for American Pacific, positioned as a significant player in the mining sector, bolstered by recent advancements that could lead to new mining opportunities.

MWN-AI** Analysis

American Pacific Mining Corp. (CSE: USGD, OTCQX: USGDF, FSE: 1QC1) has recently revealed promising geological anomalies at its Madison Copper-Gold Project in Montana, thanks to innovative underground exploration techniques. The application of the "fugitive calcite" black-light method has identified fluorescing calcite populations that point to potential mineralization zones. This breakthrough represents a strategic enhancement in exploration capabilities, allowing a better understanding of the resource's geological complexity, which may host multiple porphyry sources.

Investors should note that the project has shown significant potential beyond just copper-gold deposits, as the identification of distinct vein patterns could lead to carbonate replacement deposits (CRD) and further mineralization opportunities. The presence of manganese and lead as indicators of strong mineralization is particularly noteworthy; this level of detail may support the development of more targeted drilling strategies.

Given the short seasonal access window previously mentioned, the timing of this exploration could enhance the company's position. As $USGD prepares for its upcoming drill program, anticipation around potential findings should drive market interest.

American Pacific’s track record, underlined by its past “Deal of the Year” recognitions for strategic transactions like the one with Vizsla Copper, bolsters investor confidence. The company’s commitment to exploration upside, alongside its diverse portfolio of high-grade projects in prime mining districts, positions it as a dynamic player in the precious metals sector.

Market participants should closely monitor ongoing updates from the Madison Project as further data is released. Given the current bullish sentiment in commodities due to ongoing supply chain concerns and inflationary pressures, American Pacific offers a compelling prospect for investors looking to leverage exploration upside in precious and base metals.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: TMX Newsfile

Vancouver, British Columbia--(Newsfile Corp. - March 10, 2026) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific", or the "Company") is pleased to announce a compelling new geological observation from ongoing exploration work at its Madison Copper-Gold Project ("Madison" or the "Project") in Montana resulting in the successful application of a "fugitive calcite" black-light technique in newly revealed underground workings, which has contributed to an increased understanding of the mineralizing system at Madison. Recent fieldwork has taken advantage of a short seasonal window of greater underground access made possible by lower water levels revealing an additional 150 feet of newly exposed ramp access.

American Pacific's geological team has successfully deployed ultraviolet (black-light) scanning to search for "fugitive calcite" a technique learned from renowned exploration geologist Dr. Peter Megaw. Under black light, certain calcite populations fluoresce, providing a powerful discriminator within a sea of visually similar non-fluorescent veins. At Madison, this work has already identified at least one distinct population of fluorescing veins (see Image 2) among numerous non-glowing vein sets. When these veins are plotted on stereonets, they offer an additional layer of structural information that can further refine vectors toward both porphyry and carbonite replacement deposit ("CRD") targets. This supports the working hypothesis that Madison may host a cluster of porphyries—multiple sources rather than a single "textbook" center—and provides a new toolset to help unravel this unique mineralizing system.

"The use of ultraviolet lights to detect fugitive calcite is a skill learned while working underground in Utah with Dr. Megaw," commented Managing Director of Exploration, Eric Saderholm. "The fluorescence in the calcite indicates the presence of trace amounts of manganese and lead, both of which are indicators of carbonate replacement that can be associated with skarn, CRD and the presence of distal porphyry mineralization. Fugitive calcite represents "exhaust" proximal to where sulfide mineralization has formed containing stronger metal concentrations. It is a simple and inexpensive, yet highly effective tool for this type of mineral exploration."



Image 1. Fugitive Calcite being illuminated by ultraviolet (black-light) (left); and Fugitive Calcite being illuminated by ultraviolet (black-light) in the newly exposed area of Madison's underground (right)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10322/287783_eefce6b444c5e9ba_001full.jpg

American Pacific will provide further updates as additional data are collected, interpreted and integrated into the broader Madison exploration model.

Qualified Person

The scientific and technical content of this press release has been reviewed, prepared and approved by Eric Saderholm, P.Geo., and Managing Director of Exploration for American Pacific who is a "Qualified Person" as defined by NI 43-101.

About American Pacific Mining Corp.

American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. The Company's flagship asset is the 100%-owned past-producing Madison Copper-Gold Project in Montana. For the Madison transaction, American Pacific was selected as a finalist in both 2021 and 2022 for 'Deal of the Year' at the S&P Global Platts Metals Awards, an annual program that recognizes exemplary accomplishments in 16 performance categories. Through a 2025 transaction with Vizsla Copper, American Pacific has established a major equity position milestone upside exposure to the advanced exploration stage Palmer Copper-Zinc VMS Project in Alaska. Also, in American Pacific's portfolio are several high-grade, precious metals projects located in key mining districts in Nevada, some on which the Company intends to transact. The Company's mission is to provide shareholders discovery and exploration upside exposure across its portfolio through partnerships, spin-outs and direct exploration.

American Pacific is incorporated pursuant to the laws of British Columbia and its head office is located at Suite 910 – 510 Burrard Street Vancouver, BC, V6C 3A8.

On behalf of the American Pacific Mining Corp Board of Directors:

Warwick Smith, CEO & Director
Corporate Office: Suite 910 - 510 Burrard Street
Vancouver, BC, V6C 3A8 Canada

Investor relations contact:

Kristina Pillon, High Tide Consulting Corp.
604.908.1695 / Kristina@americanpacific.ca

Media relations contact:

Adam Bello, Primoris Group Inc.
416.489.0092 / media@primorisgroup.com

Full disclosure can be found in our NI 43-101 Technical Report for the Madison Project at www.americanpacificmining.com.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.

FORWARD-LOOKING STATEMENTS

This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements that relate to the completion of the transaction, and timely receipt of all necessary approvals.

Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be considered forward-looking information. The Company's forward-looking information is based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release and include but are not limited to information with respect to, the transaction and receipt of all necessary approvals therefor. Other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287783

FAQ**

How does the application of the "fugitive calcite" black-light technique by American Pacific Mining Corp (CSE: USGD) impact the exploration strategy at the Madison Copper-Gold Project (USGDF)?

The application of the "fugitive calcite" black-light technique by American Pacific Mining Corp enhances the exploration strategy at the Madison Copper-Gold Project by enabling more precise identification of copper-gold mineralization and improving target accuracy in their geological assessments.

Sure, please provide the question you would like answered in one sentence.

2. What are the implications of discovering distinct fluorescing vein populations for the future mineral exploration plans of American Pacific Mining Corp (USGDF) in Montana?

The discovery of distinct fluorescing vein populations suggests targeted exploration strategies for American Pacific Mining Corp in Montana, potentially enhancing the identification of high-value mineral deposits and increasing the efficiency and success of future mining operations.

3. Considering American Pacific Mining Corp (CSE: USGD) uses innovative techniques for mineral exploration, how does the company plan to leverage its geological findings at Madison to enhance shareholder value?

American Pacific Mining Corp plans to leverage its geological findings at Madison by employing advanced exploration techniques to identify and optimize mineral resources, thereby increasing the potential for profitable mining operations and ultimately enhancing shareholder value.

4. In what ways might the findings from American Pacific Mining Corp (USGDF) influence investor interest in the company's broader portfolio, including its copper-zinc VMS project in Alaska?

Findings from American Pacific Mining Corp (USGDF) could enhance investor interest in its broader portfolio by demonstrating strong exploration potential and resource viability, particularly in the copper-zinc VMS project in Alaska, signaling opportunities for future growth and profitability.

**MWN-AI FAQ is based on asking OpenAI questions about American Pacific Mining Corp. (CNQC: USGD:CC).

American Pacific Mining Corp.

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