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]

Core Insights - American Eagle Gold Corp. has reported significant assay results from its NAK project, indicating a substantial expansion of the high-grade "Gold Zone" with multiple drill holes returning over 100 meters of gold equivalent from surface [2][3][4]. Gold Zone Highlights - Drill hole NAK24-23 intercepted 175 meters of 1.03 g/t AuEq from surface, including 40 meters of 2.01 g/t AuEq [2][3]. - Drill hole NAK24-21 intercepted 275 meters of 0.9 g/t AuEq from surface, including 130 meters of 1.10 g/t AuEq [2][3]. - Drill hole NAK24-19 intercepted 108 meters of 1.00 g/t AuEq from surface, within a broader interval of 191 meters at 0.76 g/t AuEq [2][3]. Ongoing Drilling Program - The current drill program is expected to continue through November 2024, with results being released as assays are received [5][24]. - Additional drill holes NAK24-24, -26, and -28 have visually confirmed further expansion of the Gold Zone, indicating continuity of mineralization [4][13][14]. Infrastructure and Economic Viability - The NAK project benefits from excellent infrastructure, including all-season roads and proximity to towns, which enhances its economic viability compared to other porphyry projects [3][29]. - The company emphasizes the importance of near-surface high-grade gold and copper resources in unlocking the project's economic potential [3][4]. Historical Context and Future Potential - The NAK project is located within the Babine copper-gold porphyry district, with historical drilling revealing a large near-surface copper-gold system [29]. - The ongoing exploration aims to link and expand upon historical mineralization, with significant intervals of high-grade copper-gold mineralization identified in recent drilling [24][29].

Core Viewpoint - American Eagle Gold Corp. has initiated a 15,000-metre drill program at its NAK copper-gold porphyry property in British Columbia, aiming to explore and expand upon previously identified mineralization zones [1][2][3]. Group 1: Drill Program Details - The drill program will utilize a single diamond drill rig initially, with a second rig expected to arrive within two weeks [2] - The program will focus on geological and geophysical signatures, including resistivity and chargeability anomalies identified by a 2024 induced polarization survey [2] - The company has approximately $15,000,000 in its treasury, allowing for potential expansion of the drill program based on results [2] Group 2: Geological Insights - The 2024 drill program aims to enhance understanding of the relationship between Eocene dikes and sills with host rocks, contributing to the development of geological models for the NAK mineralized system [3] - Historical drilling has revealed a significant near-surface copper-gold system measuring over 1.5 km x 1.5 km, with recent drilling indicating deeper mineralization extending to considerable depths [4] Group 3: Historical Drilling Results - Previous drilling in 2022 and 2023 returned significant intervals, including 900 metres of 0.50% Copper Equivalent from surface in the North zone and 302 metres of 1.09% within 606 metres of 0.74% Copper Equivalent starting from 98 metres downhole in the South Zone [3] - The program will also focus on connecting and expanding the historical North and South zones, which have shown considerable mineralization potential [3][4]