Northern Dynasty Minerals plummeted for a second day amid concerns surrounding its efforts to move forward on a mining project in Alaska https://t.co/41EwciUwBN ...

Shares of Northern Dynasty Minerals, the owner of Alaska’s Pebble mine project, plunged as much as 55% Thursday before paring losses https://t.co/eA7fWYHRVk ...

Core Viewpoint - American Eagle Gold Corp. has initiated a fully funded 30,000-metre drill program at its NAK copper-gold porphyry project in British Columbia, aiming to expand high-grade mineralization and explore new targets [2][10]. Group 1: Drill Program Overview - The 2025 drill program builds on previous successes and incorporates a robust interpretive model developed during the offseason, which included relogging core and integrating 3D geophysical interpretations [3][4]. - Objectives for the drill program include expanding the high-grade, near-surface copper-gold zone in the southern section of the Main Zone, identifying new high-grade zones in the northern section and at depth, and drilling newly identified targets in untested areas [4][9]. Group 2: Target Areas and Strategy - Initial drilling will focus on untested segments of mineralized trends and dyke phases, prioritizing near-surface, higher-grade areas adjacent to the gold-enriched southern section of the Main Zone [5]. - High-priority targets include the largely untested "IP Embayment" south of drill hole NAK23-09, which has shown localized outcropping mineralization and high copper and gold geochemistry [6]. - Exploration will also target the eastern margin of the stock, following up on historical intercepts and geophysical anomalies that indicate potential mineralization [7]. Group 3: Project Infrastructure and Financial Position - The NAK project benefits from excellent infrastructure, including road access and proximity to towns along a major rail line, which supports exploration efforts [8][11]. - The company has over $37 million in cash, supported by strategic investments from Teck Resources and South32, positioning it well for the current drill program [12].

Core Insights - American Eagle Gold Corp. is advancing its 100%-owned NAK copper-gold porphyry project in British Columbia, with an independent review conducted by Dr. Steve Garwin, a renowned expert in porphyry geology [1][4]. Group 1: Project Overview - The NAK Project is located in the Babine copper-gold porphyry district of central British Columbia, featuring excellent infrastructure and proximity to key towns [3]. - Historical drilling has revealed a large near-surface copper-gold system measuring over 1.5 km x 1.5 km, with recent drilling indicating significant high-grade mineralization beyond previous depths [3]. Group 2: Drilling Campaign - A fully funded 30,000-metre drill campaign is set to begin in the second half of May 2025, marking one of the most extensive single-season drill campaigns in the Babine region [2]. - This year's drilling program is backed by strategic investments from Teck Resources and South32, and will exceed the total metres drilled by the company over the past three years combined [2]. Group 3: Financial Position - The company has over $37 million in cash, supported by strategic partnerships formed with Teck Resources and South32 in the past two years, positioning it well to advance the NAK project [4].

Core Insights - American Eagle Gold Corp. has initiated its 2025 exploration campaign with a helicopter-borne magnetic survey over its 100%-owned NAK copper-gold porphyry project in British Columbia [1][4] Exploration Campaign Details - The magnetic survey will cover 480 line-kilometres with 50-metre spacing, utilizing four sensors for improved resolution compared to the previous single sensor method [2] - The survey aims to enhance the understanding of the geological features and subsurface structures at NAK, helping to identify optimal drill targets [2][4] Drilling Plans - A fully funded 30,000-metre drilling campaign at NAK is set to begin in May 2025, which will exceed the total metres drilled by the company over the past three years combined [3] - This drilling campaign is expected to be one of the most extensive single-season efforts in British Columbia's Babine region, reflecting the project's growing scale and momentum [3] Project Background - The NAK Project is located in the Babine copper-gold porphyry district and has a significant near-surface copper-gold system measuring over 1.5 km x 1.5 km [5] - Historical drilling has revealed high-grade copper-gold mineralization, indicating the presence of both near-surface and deeper mineralization zones [5] Financial Position - The company is backed by over $37 million in cash, supported by strategic investments from Teck Resources and South32, ensuring it remains fully funded for at least another two years [6][4]

Core Viewpoint - American Eagle Gold Corp. has successfully acquired 100% ownership of the NAK Copper-Gold Porphyry Project, marking a significant milestone in its exploration strategy and commitment to advancing this high-quality asset [2][3][9]. Acquisition and Ownership - The acquisition fulfills all obligations under the December 24, 2021, option agreement, with American Eagle issuing 1,000,000 common shares as part of the final payment [5][9]. - The NAK project is located in a prolific mining region of British Columbia and has already shown promising drill results, including 248 meters at 1.10% CuEq and 302 meters at 1.09% CuEq [3][9]. Exploration Plans - Over 80% of NAK's prospective ground remains untested, with a 30,000-meter drill program scheduled for 2025 [4][9]. - The company is fully funded with approximately $37 million in cash to support an aggressive multiyear exploration strategy [4][9]. Geological and Economic Potential - The NAK project features a large-scale porphyry system with significant resource potential, including high-grade copper and gold mineralization identified at surface [3][7]. - The project benefits from favorable geological and geographical conditions, such as road access, gentle topography, and proximity to infrastructure [7][18]. Community and Sustainability Commitment - American Eagle is dedicated to maintaining strong relationships with local stakeholders, including the Lake Babine Nation, and prioritizes transparent communication as exploration progresses [13]. Key Target Areas - The exploration will focus on several key zones, including the North Zone, Central Zone, and South Zone, with plans for step-out drilling to refine the orientation and extent of mineralization [8][10][11][15]. - The Northeast and Southeast Expansion Zones will also be immediate focuses for further exploration [15][16]. Technological and Methodological Approaches - The 2025 exploration program will include non-drilling initiatives such as geophysical surveys and metallurgical studies to enhance the project [12][17]. - Historical drill core will be re-logged and resampled to incorporate into the current exploration model [17]. Strategic Partnerships - The company has secured strategic investments from South32 and Teck Resources Limited, positioning it well for future growth and exploration [4][9][19].

Core Viewpoint - American Eagle Gold Corp. will be exhibiting at PDAC 2025 and has scheduled two live presentations by CEO Anthony Moreau during the event [1][2]. Company Overview - American Eagle Gold Corp. is focused on its NAK project located in the Babine copper-gold porphyry district of central British Columbia, which has a significant near-surface copper-gold system measuring over 1.5 km x 1.5 km [3]. - The NAK project benefits from excellent infrastructure, including all-season roads and proximity to towns along a major rail line and Provincial Highway 16 [3]. Recent Developments - Historical drilling at the NAK project, which began in the 1960s, revealed a large copper-gold system, but recent drilling conducted by American Eagle in 2022, 2023, and 2024 has returned significant intervals of high-grade mineralization that extend beyond previous findings [3]. - The recent drilling indicates the presence of both near-surface and deeper mineralization zones, with some areas showing considerably higher grades than previously recorded [3]. Event Details - American Eagle will be present at Booth 2322 and at the Core Shack (Booth 3106B) during PDAC 2025 from March 2 to March 5, 2025 [1][2]. - The company has scheduled presentations on March 2 and 3, 2025, and will participate in sessions related to base metals and capital markets [5].

Core Viewpoint - American Eagle Gold Corp. is launching a comprehensive exploration program for its NAK copper-gold porphyry project in 2025, with a focus on extensive drilling and refining geological models to enhance mineralization potential [1][2]. Exploration Program - The 2025 exploration program includes a drill campaign of approximately 30,000 meters, targeting key mineralized zones and newly identified geophysical anomalies [1][2]. - The program has a budget of $12-15 million, with the flexibility to adjust based on drilling outcomes [3]. Financial Strength - American Eagle has $37 million in cash, along with provincial tax credits and strong partnerships with Lake Babine Nation, South32, and Teck, ensuring robust funding for the upcoming years [3][13]. Mineralization Focus - A primary objective for 2025 is to define and expand near-surface mineralization, leveraging the project's geological and geographical advantages, including road access and proximity to infrastructure [4]. - Historical drilling has revealed a large near-surface copper-gold system measuring over 1.5 km x 1.5 km, with significant high-grade mineralization identified [12]. Key Target Zones - The North Zone remains open to the north, east, and at depth, with step-out drilling planned to refine its orientation and extent [8]. - The Central Zone has shown significant intercepts at depth, but further systematic drilling at shallower depths is needed [6]. - The South Zone has been expanded to include deeper mineralization, with ongoing drilling to connect mineralized bodies [8]. Non-Drilling Initiatives - The 2025 program will also include non-drilling initiatives such as geophysical surveys, metallurgical studies, and core retrieval to enhance exploration efforts [10][16]. Community and Sustainability Commitment - American Eagle emphasizes strong relationships with local stakeholders, prioritizing transparent communication and collaboration as exploration progresses [11].

Core Insights - American Eagle Gold Corp. continues to report significant high-grade copper-gold mineralization at its NAK project, with drill hole NAK24-33 revealing multiple intercepts within a 505-meter section at 0.52% Copper Equivalent (CuEq) [1][3][20] - The company has confirmed the presence of a large, continuous mineralized system connecting the North and South zones, with ongoing drilling expected to further define the extent of this resource [2][10][11] Drill Results - NAK24-33 intercepted: - 50 meters of 1.00% CuEq - 104 meters of 0.78% CuEq - 103 meters of 0.67% CuEq - 505 meters of 0.52% CuEq - 888 meters of 0.40% CuEq [1][4] - NAK24-34 intercepted: - 80 meters of 0.75% CuEq - 323 meters of 0.36% CuEq [1][12] - NAK24-32 intercepted: - 87 meters of 0.33% CuEq - 222 meters of 0.25% CuEq - 496 meters of 0.22% CuEq [1][14] Financial Position - The company has a treasury of $37 million, bolstered by a recent $29 million investment from South32, providing the necessary resources to explore the full potential of the NAK property [3][22] Project Overview - The NAK project is located in the Babine copper-gold porphyry district of British Columbia, with historical drilling revealing a large near-surface copper-gold system measuring over 1.5 km x 1.5 km [20] - Recent drilling has indicated that significant intervals of high-grade mineralization extend beyond historical drilling depths, suggesting the presence of both near-surface and deeper mineralization [20]

Core Insights - American Eagle Gold Corp. has confirmed the extension of high-grade mineralization at the NAK project, with significant copper equivalent (CuEq) intercepts reported from recent drilling [2][3][4] - The NAK project is characterized by a well-mineralized system with dimensions extending over 1.2 kilometers north-south and 350 meters east-west, indicating substantial growth potential [3][4] - The company aims to further delineate higher-grade near-surface mineralization and expand the system through ongoing drilling efforts [3][4] Drilling Highlights - NAK24-28 intersected 101 meters of 1.11% CuEq from 47 meters depth, confirming high-grade mineralization extending eastward [2][6] - NAK24-26 extended the gold-enriched zone with 50 meters of 1.01% CuEq from surface, indicating continuity of mineralization [2][10] - NAK24-24 confirmed connectivity between the North and South Zones with 906 meters of 0.36% CuEq from surface, emphasizing the size and bulk grade potential of the system [2][12] Mineralization Characteristics - The mineralization at NAK is primarily hosted in sedimentary rocks and mafic dykes, with broad intervals of disseminated and vein-hosted copper minerals [5][10] - Recent drill holes have encountered various mineralization styles, including chalcopyrite and bornite, suggesting a complex and rich mineral system [5][10] - The project benefits from favorable geographic conditions, including low-lying terrain and excellent road access, enhancing its exploration potential [4][17] Future Exploration Plans - The company plans to continue drilling to expand the mineralized footprint and better understand the newly discovered high-grade zones [3][4] - Future drilling will focus on both the northern and southeastern extensions of the mineralization, aiming to unlock the full potential of the NAK project [3][4] - The ongoing exploration efforts are expected to provide further insights into the economic viability of the project [3][4]