American Pacific Mining Sells Palmer Copper-Zinc Project to Vizsla Copper

American Pacific Mining Corp. has finalized the sale of its Palmer copper-zinc VMS project to Vizsla Copper. The transaction, which closed on December 4, 2025, includes $15 million in equity and potential milestone payments of up to $15 million.

This divestment marks the sale of one of American Pacific Mining's key assets. The Palmer project, located in Southeast Alaska, has been a significant property for the company due to its copper and zinc resources. The strategic importance of copper projects in the U.S. has been further highlighted by the U.S. Geological Survey's (USGS) recent inclusion of copper on its critical minerals list.

American Pacific Mining is focusing on the advancement of its other projects, notably the Madison Copper-Gold project. The company is preparing for Phase II drilling at Madison, targeting high-priority porphyry and skarn targets. Additionally, American Pacific Mining has expanded its land holdings around the Madison project by staking nine strategically located claims.

The company also announced on December 26, 2025, share payments made to three former employees. While specific details were not disclosed, these payments likely relate to prior agreements or compensation arrangements within the company.