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American Pacific Updates Technical Report on Nevada Gooseberry Silver-Gold Project

Story Highlights
  • American Pacific filed an updated NI 43-101 for its 100%-owned past-producing Gooseberry silver-gold project in Nevada.
  • The company underscores Gooseberry’s high exploration potential and strategic value amid surging silver prices and rising U.S. demand.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
American Pacific Updates Technical Report on Nevada Gooseberry Silver-Gold Project

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The latest update is out from American Pacific Mining ( (TSE:USGD) ).

American Pacific Mining has filed an updated NI 43-101 technical report for its 100%-owned, past-producing Gooseberry silver-gold project in Storey County, Nevada, a low-sulphidation epithermal vein system that historically operated as an underground mine for nearly a century before closing in 1990. The company is highlighting Gooseberry’s exploration potential amid a more than 160% rise in silver prices since early 2025, pointing to recent drill intercepts with notable gold and silver grades and emphasizing the project’s location within Nevada’s prolific Ramsey Mining District near the historic Comstock camp; management sees Gooseberry as a key vehicle to unlock value and capitalize on growing demand for secure, domestic U.S. silver supply.

The most recent analyst rating on (TSE:USGD) stock is a Hold with a C$0.17 price target. To see the full list of analyst forecasts on American Pacific Mining stock, see the TSE:USGD Stock Forecast page.

Spark’s Take on TSE:USGD Stock

According to Spark, TipRanks’ AI Analyst, TSE:USGD is a Neutral.

The score is held down primarily by weak financial performance (no revenue, ongoing operating losses, and persistently negative operating/free cash flow) and bearish-to-neutral technical signals (below key moving averages with negative MACD). A high P/E without a dividend further pressures the risk/reward, partially offset by positive strategic corporate events (asset monetizations and progress at the Madison project).

To see Spark’s full report on TSE:USGD stock, click here.

More about American Pacific Mining

American Pacific Mining Corp. is a precious and base metals exploration and development company focused on assets in the western United States. Its flagship project is the 100%-owned, past-producing Madison copper-gold project in Montana, and the company has been recognized as a finalist for S&P Global Platts Metals Awards’ ‘Deal of the Year’ in 2021 and 2022 for the Madison transaction. American Pacific continues to build a portfolio of U.S.-based projects with exposure to copper, gold and silver.

Average Trading Volume: 299,185

Technical Sentiment Signal: Sell

Current Market Cap: C$36.15M

For detailed information about USGD stock, go to TipRanks’ Stock Analysis page.

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