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]

EX-99.1 2 ndm_ex991.htm EX-99.1 EXHIBIT 99.1 Northern Dynasty: U.S. Army Corps Sends Pebble Permit Application Back to Alaska Office for More Work April 26, 2023 Vancouver – Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern Dynasty" or the "Company" or "NDM") announces that its 100%-owned U.S.-based subsidiary Pebble Limited Partnership ("Pebble Partnership" or "PLP") has responded to yesterday's announcement that the U.S. Army Corps of Engineers ("USACE") Pacific Ocean Division had a ...

The Future of U.S. Mining & Metals THE PEBBLE PROJECT In Sight: America's Next Great Copper-Gold Mine JANUARY 2020 All statements of Northern Dynasty Minerals Ltd. ("NDM") in this presentation, other than statements of historical facts, that address the permitting, development and production for the Pebble Project are forward-looking statements. These statements include statements regarding (i) the mine plan for the Pebble Project, (ii) the social integration of the Pebble Project into the Bristol Bay regio ...

| --- | --- | --- | --- | |----------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | The Future of U.S. Mining & Metals THE PEBBLE PROJECT | | | | | In Sight: America's Next Great Copper-Gold Mine | | | | This presentation includes "forward-looking statements". All statements in this presentation, other than stat ...