American Pacific Mining (USGD) Investor presentation summary

Strategic focus and value proposition

• Advancing high-grade copper and gold projects in the US, with a flagship Madison Copper-Gold Project in Montana and a portfolio of Nevada gold assets.

• Backed by approximately $20M in equity exposure to US projects and an additional $20M in potential milestone payments.

• Equity holdings in Vizsla Copper Corp. (~$19M) and ICG Silver & Gold Ltd. (~$2M), with further upside from milestone payments.

• Nevada assets positioned for value realization through joint ventures, options, or sales.

Madison Copper-Gold Project highlights

• 100%-owned, permitted project with $7.7M spent on exploration since 2019.

• Past production includes 2.7M lbs copper (20–35% Cu) and 7,570 oz gold (16.1 g/t Au) from Madison Mine; Broadway Mine produced 144,000 oz Au historically.

• 2025 drilling connected Madison and Broadway mines, identified porphyry elements, and confirmed mineralization extends beyond historical areas.

• Five priority target areas selected for district-wide exploration based on robust data sets.

• Large-scale MT anomaly (2,000m x 600m) identified and being drill tested for the first time.

Exploration results and resource growth

• Drill highlights include intervals such as 30.2m @ 24.5 g/t Au, 11.0m @ 41.7 g/t Au, and 19.8m @ 2.0 g/t Au (including 1.5m @ 23.2 g/t Au).

• 2026 drill program underway, targeting skarn growth, new lenses, and porphyry tests with up to 15,000m planned.

• Geophysics and geochemistry support targeting, with clear vectors for expansion and resource definition.