Recorded on September 1 2026 at NRS Studios
CSE: USGD
OTCQX: USGDF
Warwick Smith, CEO and Director of American Pacific Mining Corp., joins Steve Yang to discuss the Madison Copper-Gold Project in Montana and the company’s current 15,000-metre drill program. Smith explains the project’s high-grade skarn mineralization and deeper porphyry target, along with previous drill results including 25 metres of 30 g/t gold and 61 metres of almost 7% copper. He also discusses the historic Madison and Broadway mines, the geophysical and 3D targeting work completed before drilling, and why management believes the current holes are the most informed ever placed on the property. The interview covers permitting, the company’s capital structure, institutional participation, Michael Gentile’s position, insider ownership, and American Pacific’s strategy of selling non-core assets for equity and milestone payments. Smith says the company had about C$9 million in cash and escrow, roughly C$22 million in equities, and up to C$20 million in potential bonus payments at the time of recording. He also explains the company’s goal of growing its equity portfolio while focusing capital and technical resources on Madison. #Millettian
Key topics
Madison Copper-Gold Project
15,000-metre drill program
High-grade gold and copper
Skarn and porphyry targets
Historic Madison and Broadway mines
Geophysics and 3D targeting
Permitting in Montana
Capital structure and ownership
Michael Gentile
Asset transactions and equity portfolio
Upcoming drill results
American Pacific Mining Corp.
Host Steve Yang Natural Resource Stocks
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Chapters
00:00 High-grade drill results
01:03 Steve Yang introduces Warwick Smith
01:28 American Pacific Mining overview
02:32 15,000-metre Madison drill program
03:04 Madison and Broadway mine history
03:59 Geophysics and 3D targeting
05:07 Previous high-grade drill results
06:30 Why Madison and Montana
08:34 Madison acquisition and permitting
10:01 Share structure and major shareholders
11:35 Michael Gentile and investment criteria
12:19 Deeper drilling and porphyry potential
14:57 Market cap and valuation discussion
16:44 Growth strategy
17:17 Asset transactions and equity portfolio
18:47 Montana drill campaign catalysts
19:21 Warwick Smith’s background and ownership
20:48 Technical team
23:45 Disclosure and closing
24:19 Tickers and contact information
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Theres a mine 40km away, a huge mine. U should dyodd
this company has property in Montana…a conservative state but mining will go nowhere here after several cyanide spills years earlier…the bonds are not high enough to deter the miners from cutting corners either…avoid imho dyodd