On May 11, 2026 American Pacific Mining announced the start of a field reconnaissance and surface sampling campaign at the Ziggurat Gold Project in Nye County, Nevada. This initial mobilization is intended to expand surface geochemical coverage and sharpen the Company’s understanding of priority target zones ahead of more intensive follow-up work. The program builds on prior mapping, geochemical testing and geophysical interpretation completed on the property and is structured to convert broad anomalies into actionable targets for a planned Phase II campaign.
The field crews collected a total of 59 rock samples and 20 stream sediment samples from selected outcrops, float, altered exposures and drainage points identified as prospective by earlier reconnaissance. Field sampling focused on areas showing favourable alteration and structural preparation considered prospective for Carlin-type gold mineralization. The Company has indicated that assay results are expected later in Q2, and that those results will help prioritize a more focused Phase II program anticipated for early Q3.
Table of Contents:
Field program methodology and sample rationale
The reconnaissance emphasized systematic surface coverage to detect geochemical dispersion patterns and interpret upstream source areas. Rock chips were taken from fresh outcrop and altered zones while stream sediments were collected to map drainage-scale anomalies. All samples were logged and handled under a formal chain-of-custody protocol to maintain sample integrity, and the sampling strategy intentionally targeted both visible alteration and subtle pathfinder signatures to maximize the chance of detecting buried mineral systems. These surface techniques are standard first-step exploration tools when working across a large, under-tested property.
Regional geology and project setting
The Ziggurat property sits at the northern end of the active Round Mountain Trend, a well-known, productive corridor in south-central Nevada dominated by caldera-related volcanism, epithermal veins and sediment-hosted gold systems. The project lies approximately 20 kilometres from the Round Mountain Mine and 13 kilometres from the Gold Hill Mine, both operated by Kinross Gold Corporation, and it is adjacent to Newmont Corporation’s Northumberland Mine. Multiple pulses of igneous and volcanic activity in the area have produced complex thermal systems that host numerous nearby prospects and operating mines, making the regional context highly prospective for additional discoveries.
Pathfinder elements and alteration footprint
Previous work on the property identified a broad alteration footprint on the order of kilometres and elevated concentrations of pathfinder elements such as arsenic, mercury and antimony, which commonly accompany Carlin-style mineralization. The Phase I reconnaissance noted abundant, yet largely untested, alteration zones across roughly 75% of the property. In exploration terms, these observations represent prioritized targets rather than confirmed mineral resources; they serve as vectors for subsequent geochemical and geophysical follow-up and eventually for drilling if assays and interpretation warrant.
Quality assurance, laboratory analysis and next steps
Sample preparation and analysis will be carried out at ALS Global Laboratories Geochemistry in Elko, Nevada — an independent laboratory accredited to ISO/IEC 17025 standards. Analytical methods selected include ME-MS41 multi-element analysis and Au-AA23 gold by fire assay with atomic absorption finish. The Company will review laboratory internal QA/QC, including standards, blanks and duplicate analyses, and expects final assay certificates to be delivered directly by the laboratory. American Pacific notes that rock chip results are selective by nature and are not automatically representative of mineralization across the entire Project.
Governance, approvals and technical oversight
The technical content of the release has been reviewed and approved by Eric Saderholm, P.Geo., the Company’s Managing Director of Exploration, acting as the designated Qualified Person under National Instrument 43-101. The Company also reiterated customary forward-looking statements and cautions that nearby or adjacent mineralization is not necessarily indicative of mineralization on Ziggurat. American Pacific acquired the property via the Clearview Gold transaction in May 2026 and continues to advance a portfolio that includes the past-producing Madison Copper-Gold Project and strategic equity interests tied to the Palmer Copper-Zinc VMS Project and other Nevada targets as it seeks to generate discovery potential for shareholders.