In an interview released on the The David Lin Report yesterday, Warwick Smith, CEO of American Pacific Mining (Ticker: USGD.c or USGDF for US investors), shared insights into the potential market outlook under Trump's upcoming presidency, focusing on gold prices, mining stocks, permitting under new regulations, and American Pacific’s projects.
USGD is a precious and base metals explorer and developer with a focus on high-potential projects in the Western United States. The company is anchored by two flagship assets: the Palmer VMS Project in Alaska, known for its high-grade copper-zinc resources, and the Madison Copper-Gold Project in Montana, a past-producing mine with significant exploration upside.
In the interview, Smith provided a thoughtful analysis of the opportunities for junior miners under Trump's upcoming presidency.
His main points included:
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Anticipates a "risk-on" market sentiment, driven by policies favoring economic growth and eased permitting processes for resource companies.
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Despite gold's decline from $2800 to $2600 per ounce post-election, junior mining stocks are more influenced by market sentiment than gold prices alone.
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USGD outperformed during Trump’s last presidency, growing significantly even in a $2000 gold environment.
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With quicker approvals seen under the previous Trump administration, the permitting processes for junior miners could be streamlined compared to current multi-year timelines
Smith also provided updates on the company’s flagship assets, emphasizing their strategic importance and potential to create shareholder value.
Palmer VMS Project (Alaska):
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A high-grade copper-zinc asset with district-scale potential
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Located 60km from the port of Haines
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100% ownership following USGD's recent 2024 consolidation (former partner Dowa Metals retains an option to purchase 50% of zinc concentrate from future production)
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Recent drilling confirmed high-grade mineralization, including 18m of 1.5% copper, 5.4% zinc, 0.4 g/t gold, and 59.1 g/t silver (4.4% CuEq), reinforcing the project’s strong potential
Madison Copper-Gold Project (Montana)
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A past-producing copper-gold mine
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Offers significant exploration upside with a focus on high-grade skarn and porphyry-style mineralization
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Historical production highlights include 2.7M lbs of copper grading 20–35% and 7,570 oz of gold at 16.1 g/t
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54,000m drilled so far
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~20,000 additional meters of drilling to take place over 18 months starting in January, with the ultimate goal of establishing a resource for the project
Overall, Smith’s interview highlighted how USGD is strategically navigating the shifting market landscape while prioritizing shareholder value, exploration, and growth.
With C$16M in cash, 100% ownership of its flagship assets, and a focused plan for aggressive exploration and strategic transactions, USGD is well-positioned to capitalize on future opportunities and drive meaningful advancements in its projects.
Full video here:
Posted on behalf of American Pacific Mining Corp.