American Pacific Mining – A Broad Exploration Update – Drilling Starting at the Gooseberry Silver Project and Sample Results from the Madison Project

November 9, 2021

Warwick Smith, CEO of American Pacific Mining (CSE:USGD – OTCQB:USGDF) joins us to provide a broad exploration update at the Gooseberry Silver Project and Tuscarora Gold Project, both in Nevada, as well as recap sample results from the Madison Copper Gold Project, in Montana. 


We start with a quick update on the market cap and stock price growth since May of this year. The stock is up about 10X and the market cap has grown from around $10million to over $150million.


We then move to the Company’s ongoing exploration programs. Starting with the past-producing Gooseberry Silver Project in Nevada and the 15 hole, up to 4,000meter program. We discuss the key targets being tested. Next up is the Madison Copper Gold Project in Montana. Sample results were released yesterday, November 8th.


Please email us with any follow up questions for Warwick regarding American Pacific Mining. Our email addresses are and




Click here to read over the recent news out of American Pacific Mining.

    Nov 09, 2021 09:49 AM

    Sorry if this is seriously off topic –;-}
    What do folks think of Newcrest buying Pretium out? From the Bloomberg:

    “Newcrest Mining Ltd. agreed to buy Pretium Resources Inc. in a cash and shares deal valuing the Canadian gold producer at about $2.8 billion, adding to a wave of consolidation in the sector.

    Melbourne-based Newcrest will offer Pretium holders C$18.50 ($14.87) a share, a 23% premium to the target’s closing price Monday in Toronto. Pretium’s board has unanimously recommended the transaction, although it still requires the approval of two-thirds of the company’s shareholders.”

    Is it time to take the cash and run or convert over to Newcrest?

      Nov 09, 2021 09:01 PM

      At this stage I would take the cash and find a better investment. Still lots of bargains available in the PM miners.

        Nov 09, 2021 09:08 PM

        Agreed. “Take the money and run…” as the saying goes. There are still plenty of miners that are way down for the year that those proceeds could be rotated into.

        We discussed the M&A trend in the miners in the Dave Erfle interview that just got posted, and briefly discussed this takeover of Pretium by Newcrest as a positive development for the sector, on the back of other recent M&A deals like Kirkland Lake & Agnico Eagle, and Calibre & Fiore, etc…