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]

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 ...