American Pacific Mining provides corporate update on the Palmer Project in Southeast Alaska

American Pacific views the Palmer Project as a strategic source of critical minerals for US domestic supply chains. Given the advanced nature of the project, the company believes that shareholder value will be best maximised through a transaction that allows for the acceleration of development of the asset.

“As global demand for copper and zinc intensifies, and with increased US government support for streamlining critical mineral project development, we believe Palmer is uniquely positioned as a potentially meaningful near-term supply of these critical materials,” stated Warwick Smith, CEO of American Pacific Mining. “With significant existing infrastructure, a robust resource base, and proximity to road and tidewater access, Palmer stands out as one of the most promising base and critical mineral assets in the US.”

Smith added, “Given this heightened importance of US-based critical minerals assets, we are evaluating a variety of strategic options, including, but not limited to, spin-out, joint venture partnership or outright asset sale, to ensure Palmer receives both the capital and focus necessary to rapidly accelerate its development and deliver near-term value to our shareholders. In the interim, we are optimising camp accommodations and completing regional survey and sampling work this summer to further demonstrate the district tonnage and discovery potential.”

The company is actively engaged in M&A discussions with potential partners and will continue to update shareholders as discussions progress and milestones are achieved.

Read the article online at: https://www.globalminingreview.com/exploration-development/08082025/american-pacific-mining-provides-corporate-update-on-the-palmer-project-in-southeast-alaska/