Mining Stock Daily

American Pacific Set to Return Drills to Madison

Oct 9, 2025
Warwick Smith discusses the highly anticipated drill campaign at the Madison copper-gold project in Montana. With a key permit secured, they plan to drill 10,000 meters targeting promising porphyry and high-grade skarn formations. The excitement grows over Madison’s potential based on decades of geological research. Smith also highlights the recently improved operating climate for U.S. mining and hints at a busy year ahead with upcoming drills and corporate developments.
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ADVICE

Prioritize Pre-Drill Targeting

  • Do prioritize thorough pre-drill work like geophysics and 3D structural modeling before drilling.
  • This targeted preparation lets American Pacific take the most educated drill shots at Madison.
INSIGHT

Skarn Vectors To A Deeper Porphyry

  • Madison may host both high-grade skarn at surface and a larger deeper porphyry at depth.
  • That dual signature creates potential for significant size combined with strong grades.
ADVICE

Watch Policy For Market Momentum

  • Do monitor US policy developments as they materially affect mining project momentum and valuations.
  • Warwick notes recent federal and state actions have improved the operating climate and aided peers like Trilogy.
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