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.
https://americanpacificmining.com/
Host Steve Yang Natural Resource Stocks
Website https://www.NaturalResourceStocks.net
YouTube Main https://www.youtube.com/@naturalresourcestocks
YouTube World https://www.youtube.com/@NaturalResoureStocksWorld
X https://x.com/JustSteveYang
LinkedIn https://www.linkedin.com/in/thesteveyang/
NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/
NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/
NRS TikTok https://www.tiktok.com/@natural.resource.stocks
NRS Instagram https://www.instagram.com/naturalresourcestocks/
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
The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform.
If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed.
Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal.
By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.
