American Pacific Engages Drill Contractors Ahead of Fully-Funded 15,000-Metre Program at the Madison Copper-Gold Project

American Pacific Mining Corp. has taken a significant step forward in advancing its Madison Copper-Gold Project by securing drilling contracts with two contractors for a comprehensive 15,000-metre exploration program scheduled for 2026. The announcement represents a major milestone for the company as it moves into active exploration with fully-funded operations.

The exploration program is structured as Phase I of what appears to be a larger campaign, utilizing both reverse circulation and diamond core drilling methodologies. This dual approach suggests the company is taking a systematic approach to exploration, with RC drilling likely being used for initial reconnaissance and diamond core drilling for more detailed geological characterization and resource definition. The 15,000-metre scope indicates substantial investment in understanding the deposit's potential.

The fact that the program is described as "fully-funded" provides important clarity on the company's financial position and eliminates execution risk related to capital availability. This funding certainty allows management to focus on operational execution and geological results rather than fundraising activities. For the copper-gold sector, this type of systematic exploration represents the foundational work necessary to advance projects toward resource estimation and eventual development.

The timing of this announcement in May 2026 positions American Pacific to capitalize on favorable market conditions for both copper and gold exploration. The engagement of drilling contractors ahead of the program demonstrates proactive project management and suggests the company is prepared to begin operations efficiently once permits and logistics are finalized.