American Pacific Mining Corp. has returned initial assay results from its 2026 drill program at the 100%-owned Madison Copper-Gold Project in Montana, highlighted by a 30.8-metre interval of massive sulfide mineralization in hole M26C-02.

The drill hole intersected 30.8 metres averaging 7.4 g/t gold, 9.62 g/t silver, and 0.29% copper from the flagship asset. Within that broader interval, a higher-grade zone returned 20.1 metres grading 11.15 g/t gold, 14.3 g/t silver, and 0.42% copper, including a 7.92-metre section assaying 25.33 g/t gold, 0.86% copper, and 29.6 g/t silver.

Hole M26C-02 was designed as a vertical step-out to connect the historical Madison and Broadway mine areas. The substantially thicker mineralized interval demonstrates that mineralization is thickening toward the southwest, with no drilling completed beyond this hole in that direction. Sufficient work has not yet been completed to determine true widths for the reported intervals.

“This new discovery of a thick massive sulfide body at Madison is the culmination of three years of diligent effort by our team to incorporate and analyze both historical and company generated datasets,” stated Managing Director of Exploration, Eric Saderholm. “These latest drill results, the first results from our ongoing 15,000-metre program, have identified a promising mineralized trend that extends to the southwest. A new geological interpretation has highlighted several key areas of interest that have not yet been drill tested. Follow-up drilling is now being planned to determine whether the mineralization continues.” — Eric Saderholm, Managing Director of Exploration

Assays from additional drill holes completed during the 2026 campaign remain pending and will be released as they are received, reviewed, and interpreted. Additionally, a subsequent Phase II drill programme is scheduled to begin in fall 2026, incorporating up to 7,500 metres of additional drilling at the project.

Read the full announcement: American Pacific Reports 20.1 Metres of 11.15 g/t Gold, 14.3 g/t Silver, and 0.42% Copper within Massive Sulfide Mineralization Remaining Open [and Thickening] to the Southwest at Madison