Canada · Delayed Price · Currency is CAD American Pacific Mining Earnings Call Transcripts
Fiscal Year 2025
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Recent drilling at Madison connects two historic mines, revealing high-grade gold and copper and strong evidence for a deep porphyry target. A robust 3D model now guides an expanded drill program set for September, with multiple updates and a Palmer project update expected soon.
Fiscal Year 2024
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Gaining 100% of Palmer and $10M cash, the company now holds full control of its key assets and a strong cash position. Dowa retains an option on 50% of future zinc concentrate, while the company plans aggressive exploration and potential asset spin-outs.
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The meeting confirmed a quorum and proceeded with the election of five directors by acclamation, reappointment of auditors, and reapproval of the 10% rolling stock option plan. All motions passed without objection, and formal business was completed efficiently.