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 over $20M in equity exposure to US projects and $20M in potential milestone payments.

• Equity positions in Vizsla Copper ($18M, 15.8% stake) and ICG Silver & Gold ($2M, ~9% stake), with additional milestone payment potential.

• Nevada assets positioned for monetization 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, confirming mineralization extends beyond historical areas and identifying porphyry elements.

• Drill highlights include intercepts such as 24.4m @ 4.99 g/t Au and 19.8m @ 2.0 g/t Au, with significant copper and gold grades.

• 2026 drill program targets skarn growth, resource expansion, and porphyry testing with up to 15,000m planned.

Exploration and upside potential

• District-scale 4x2 km mineralized footprint at Madison with robust geochemical and geophysical data supporting target selection.

• Five priority target areas identified for district-wide exploration based on decades of data.

• Red Hill project in Nevada located on the Cortez Trend, with historical drilling returning high-grade gold intercepts and ongoing 3D modeling to expand targets.

• Over 40 drill holes and 12,700m of drilling completed at Red Hill, with multiple structurally controlled and stratigraphic targets.