American Eagle Commences Exploration Season at NAK
American Eagle Gold (TSXV: AE, OTCQB: AMEGF) has launched its 2025 exploration campaign at the NAK copper-gold porphyry project in British Columbia. The company is initiating a 480 line-kilometre helicopter-borne magnetic survey with advanced four-sensor technology to improve subsurface structure mapping and drill targeting.
The company plans a fully funded 30,000-metre drill campaign starting in May 2025, supported by strategic investments from Teck Resources and South32. This program represents the largest drilling effort in the company's history, exceeding the combined drilling of the past three years. The campaign will be among the most extensive single-season drill programs ever conducted in BC's Babine region.
The magnetic survey aims to better understand NAK's dyke network and optimize drill hole placement. Results and final 2025 season plans will be announced before drilling begins in late May. The company confirms it will remain fully funded for at least two additional years after this program.
American Eagle Gold (TSXV: AE, OTCQB: AMEGF) ha avviato la sua campagna di esplorazione 2025 presso il progetto porfirico di rame e oro NAK nella British Columbia. L'azienda sta iniziando un'indagine magnetica aerea di 480 chilometri lineari, effettuata con elicottero e dotata di una tecnologia avanzata a quattro sensori per migliorare la mappatura delle strutture sotterranee e l'individuazione dei punti di perforazione.
La società prevede una campagna di perforazione completamente finanziata di 30.000 metri a partire da maggio 2025, supportata da investimenti strategici di Teck Resources e South32. Questo programma rappresenta il più grande impegno di perforazione nella storia dell'azienda, superando la somma delle perforazioni degli ultimi tre anni. La campagna sarà tra le più estese mai realizzate in una singola stagione nella regione di Babine, in BC.
L'indagine magnetica mira a comprendere meglio la rete di diatrema del progetto NAK e a ottimizzare la posizione dei fori di perforazione. I risultati e i piani definitivi per la stagione 2025 saranno comunicati prima dell'inizio delle perforazioni, previsto per fine maggio. La società conferma inoltre di essere finanziariamente solida per almeno altri due anni dopo questo programma.
American Eagle Gold (TSXV: AE, OTCQB: AMEGF) ha iniciado su campaña de exploración 2025 en el proyecto porfírico de cobre y oro NAK en Columbia Británica. La compañía está llevando a cabo una encuesta magnética aérea de 480 kilómetros lineales con helicóptero, utilizando tecnología avanzada de cuatro sensores para mejorar el mapeo de estructuras subterráneas y la selección de objetivos de perforación.
La empresa planea una campaña de perforación totalmente financiada de 30,000 metros que comenzará en mayo de 2025, respaldada por inversiones estratégicas de Teck Resources y South32. Este programa representa el mayor esfuerzo de perforación en la historia de la compañía, superando la suma de los últimos tres años. La campaña será una de las más extensas realizadas en una sola temporada en la región de Babine, BC.
La encuesta magnética busca comprender mejor la red de diques del proyecto NAK y optimizar la ubicación de los pozos de perforación. Los resultados y los planes finales para la temporada 2025 se anunciarán antes del inicio de la perforación a finales de mayo. La empresa confirma que permanecerá totalmente financiada durante al menos dos años adicionales después de este programa.
American Eagle Gold (TSXV: AE, OTCQB: AMEGF)는 브리티시컬럼비아에 위치한 NAK 구리-금 포피리 프로젝트에서 2025년 탐사 캠페인을 시작했습니다. 회사는 고급 4센서 기술을 활용한 480km 헬리콥터 탑재 자기 조사 작업을 시작하여 지하 구조 매핑과 시추 목표 설정을 개선할 예정입니다.
회사는 Teck Resources와 South32의 전략적 투자 지원을 받아 2025년 5월부터 완전 자금 지원 30,000미터 시추 캠페인을 계획하고 있습니다. 이 프로그램은 회사 역사상 가장 큰 시추 작업으로, 지난 3년간 시추량을 합친 것보다 많습니다. 이번 캠페인은 BC 주 바빈 지역에서 단일 시즌에 수행된 가장 광범위한 시추 프로그램 중 하나가 될 것입니다.
자기 조사는 NAK의 다이크 네트워크를 더 잘 이해하고 시추 구멍 위치를 최적화하는 것을 목표로 합니다. 결과와 2025년 시즌 최종 계획은 5월 말 시추 시작 전에 발표될 예정입니다. 회사는 본 프로그램 이후 최소 2년간 완전 자금 지원 상태를 유지할 것임을 확인했습니다.
American Eagle Gold (TSXV : AE, OTCQB : AMEGF) a lancé sa campagne d'exploration 2025 sur le projet porphyrique cuivre-or NAK en Colombie-Britannique. La société commence une levée magnétique aérienne de 480 kilomètres linéaires, réalisée par hélicoptère avec une technologie avancée à quatre capteurs, afin d'améliorer la cartographie des structures souterraines et le ciblage des forages.
La société prévoit une campagne de forage entièrement financée de 30 000 mètres à partir de mai 2025, soutenue par des investissements stratégiques de Teck Resources et South32. Ce programme représente l'effort de forage le plus important de l'histoire de l'entreprise, dépassant la somme des forages des trois dernières années. La campagne sera l'une des plus vastes jamais réalisées en une seule saison dans la région de Babine, en Colombie-Britannique.
La levée magnétique vise à mieux comprendre le réseau de dykes du projet NAK et à optimiser le positionnement des trous de forage. Les résultats et les plans définitifs pour la saison 2025 seront annoncés avant le début des forages fin mai. La société confirme qu'elle restera pleinement financée pendant au moins deux années supplémentaires après ce programme.
American Eagle Gold (TSXV: AE, OTCQB: AMEGF) hat seine Explorationskampagne 2025 beim Kupfer-Gold-Porphyr-Projekt NAK in British Columbia gestartet. Das Unternehmen beginnt mit einer 480 Kilometer langen magnetischen Helikopterbefliegung, die mit einer fortschrittlichen Vier-Sensor-Technologie durchgeführt wird, um die Kartierung der unterirdischen Strukturen und die Zielauswahl für Bohrungen zu verbessern.
Das Unternehmen plant eine vollfinanzierte Bohrkampagne von 30.000 Metern, die im Mai 2025 beginnt und durch strategische Investitionen von Teck Resources und South32 unterstützt wird. Dieses Programm stellt den größten Bohraufwand in der Firmengeschichte dar und übertrifft die Summe der Bohrungen der letzten drei Jahre. Die Kampagne wird eine der umfangreichsten Einzelsaison-Bohrprogramme sein, die je in der Babine-Region von BC durchgeführt wurden.
Die magnetische Untersuchung zielt darauf ab, das Dykennetzwerk von NAK besser zu verstehen und die Platzierung der Bohrlöcher zu optimieren. Ergebnisse und endgültige Pläne für die Saison 2025 werden vor Beginn der Bohrungen Ende Mai bekanntgegeben. Das Unternehmen bestätigt, dass es für mindestens zwei weitere Jahre nach diesem Programm voll finanziert bleibt.
- Secured strategic investments from major mining companies Teck Resources and South32
- Launching largest-ever drilling program of 30,000 meters
- Company remains fully funded for minimum two additional years post-program
- Implementing advanced four-sensor magnetic survey technology for improved targeting
- None.
Toronto, Ontario--(Newsfile Corp. - April 23, 2025) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce the commencement of its 2025 exploration campaign, starting with a helicopter-borne magnetic survey ("mag survey") over the entirety of its
Magnetic Survey to Assist in Identifying Drill Targets
The 480 line-kilometre survey, conducted with 50-metre spacing (click here to view), employs four sensors to measure horizontal and vertical gradients. Compared to the single sensor method previously used at NAK, this advanced approach provides superior resolution for identifying various geological features and improves our understanding of subsurface structures. This will help the NAK team pinpoint where known mineralized dykes reach the surface and to target the optimal orientation of drillholes, to test where these dykes and magnetite-rich potassic alteration zones may originate at depth.
30,000 Metres of Drilling on NAK Begins in May
American Eagle's 2025 fully funded 30,000-metre drill campaign at NAK begins in May. Backed by strategic investments from Teck Resources and South32, this year's program will surpass the total metres drilled by the Company over the past three years combined. It will also rank among the most extensive single-season drill campaigns ever undertaken in British Columbia's Babine region, reflecting the growing scale and momentum behind NAK.
"The upcoming survey will significantly enhance our understanding of the complex network of dykes at NAK, extending well beyond the areas we've drilled to date. It will provide insights into the potential sources of these dykes and where they extend to surface," said Anthony Moreau, CEO of American Eagle Gold. "The insights gained will allow our team to design a more efficient and targeted drill program. This year, we're launching one of the most substantial exploration campaigns in the province-aimed at expanding the scale of NAK, especially in high-grade, near-surface zones, as well as testing compelling targets that have remained untouched since we acquired the project in 2021. Importantly, even after this aggressive program, we'll remain fully funded for at least another two years."
The Company intends to share the results of the latest magnetic survey and a final plan for the 2025 season in the coming weeks, just before the start of the 2025 drill season in the second half of May.
Click to View Plan Map with Preliminary 2025 Target Zones
About American Eagle's NAK Project
The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960's, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system.
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About American Eagle Gold Corp.
American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company benefits from over
Anthony Moreau, Chief Executive Officer
416.644.1567
amoreau@oregroup.ca
www.americaneaglegold.ca
Q.P. Statement
Mark Bradley, B.Sc., M.Sc., P.Geo., a Certified Professional Geologist and 'qualified person' for the purposes of Canada's National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news release.
Forward-Looking Statements
Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding whether the Company will be able to complete the Offering as anticipated, the receipt of regulatory approval, including the approval of the TSX Venture Exchange, to complete the Offering, the intended use of proceeds and intended drill program or its anticipated results at the Company's NAK project, the ability of the Company to make the qualifying expenditures as anticipated by management, and other matters ancillary or incidental to the foregoing. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at www.sedarplus.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249380
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