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].
American Eagle Gold Announces Plans for 2025 Exploration at NAK