American Pacific highlights equity portfolio developments

Vancouver, British Columbia--(Newsfile Corp. - September 15, 2026) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC) (WKN: A422L8) (" American Pacific " or the " Company ") is pleased to provide an update on two companies in which the Company holds significant equity positions: Vizsla Copper Corp. (" Vizsla Copper ") and ICG Silver & Gold Ltd. (" ICG "). Based on the closing prices of their shares on Monday, September 14, 2026, American Pacific's shareholdings in Vizsla Copper and ICG combined is valued at an estimated C$19 million.

"We have a lot of trust in the Vizsla Copper and ICG management teams and are pleased to see both executing their programs at the project-level and other ambitious growth initiatives to build shareholder value," stated CEO, Warwick Smith. "American Pacific acquired its significant share positions through strategic transactions with Vizsla Copper and ICG. We will continue to explore further transactions with other management teams on our non-core precious metals assets in Nevada with the aim of building on the significant upside exposure our shareholders already retain in addition to our flagship Madison Copper-Gold Project, where we are daylighting the district potential beyond the historical mine areas."

Vizsla Copper

American Pacific holds 13,888,888 common shares of Vizsla Copper, acquired through the December 2025 sale of the Palmer Copper-Zinc VMS Project in Alaska ("Palmer") by American Pacific to Vizsla Copper. American Pacific may also receive up to US$15 million in milestone payments tied to future resource growth and commercial production at Palmer.

See American Pacific 2025 press releases dated November 13 th and December 4 th for further transaction details.

Initial assay results from Vizsla's 12,250-metre 2026 diamond drill program at Palmer were reported on September 3, 2026.

Highlights reported by Vizsla's