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American Pacific Mining Corp.

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Summary

Project:

Tuscarora

Deposit:Tuscarora
Location:United States
Commodities:Silver-Gold
Date:5/12/2020
Report Code:NI43-101
Report Type:Optimisation Study
Project Stage:Pursuing Resources Definition
Report details:12-5-2020: American Pacific Mining Corp. announces a Optimisation Study report for its Tuscarora deposit at the Tuscarora project. Technical report for Property. This report provides a geological description and summary of previous work for the Tuscarora
Resources:x
CP/QP:[Overall Report]: Van Phu Bui (ARC Geoscience Group Inc.)
ABSTRACT:This report provides a geological description and summary of previous work for the Tuscarora property (the “Property”) in support of securities regulatory reporting requirements. The report was prepared for American Pacific Mining Corp. (the “Company” or “APM”) – an issuer listed on the Canadian Securities Exchange under the ticker symbol “USGD” – and the information contained herein is current to March 31, 2020, the effective date. The scope of the work completed by the author includes the review of academic studies relevant to the Property, technical information provided by the Company, and the author’s site visit that was performed on August 27, 2019. Due to travel restrictions related to the global Covid-19 pandemic, the author was unable to perform a follow-up site visit to inspect the 2019 drilling work that was completed by OceanaGold U.S. Holdings Inc. (“OceanaGold”). The author relied fully upon legal documents and records provided by APM for matters related to agreements and royalties, claim ownership, surface rights, environmental liability and permits (Section 4.2 to Section 4.7).

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