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Adams Resources & Energy Inc AE

Adams Resources & Energy, Inc. is engaged in crude oil marketing, truck, and pipeline transportation, terminalling and storage in various crude oil and natural gas basins in the lower 48 states of the United States. The Company also conducts tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk primarily in the lower 48 states of the United States, with deliveries into Canada and Mexico, and with 17 terminals across the United States. Its segments include crude oil marketing, transportation, and storage; tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk; pipeline transportation, terminalling and storage of crude oil, and interstate bulk transportation logistics of crude oil, condensate, fuels, oils and other petroleum products and recycling and repurposing of off-specification fuels, lubricants, and other chemicals. Its subsidiaries include Service Transport Company, Ada Resources, Inc., and Phoenix Oil, Inc.


NYSEAM:AE - Post by User

Post by Betteryear2on Apr 17, 2024 10:48am
75 Views
Post# 35993704

American Eagle's 2024 Exploration Program Underway

American Eagle's 2024 Exploration Program Underway

Highlights:

  • Deep penetrating Induced Polarization ("IP") ground geophysical survey to commence today
  • 2023's IP survey showed excellent correlation with zones of high-grade mineralization
  • 15,000 m drill program to begin in May
  • Technical Update Video provided by Charlie Greig

Toronto, Ontario--(Newsfile Corp. - April 17, 2024) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce that the 2024 exploration program at its NAK property is about to get underway with an initial nine line, deep-looking IP survey (see Fig. 1 here). The IP survey will add to the three-line deep-penetrating survey completed last year. The inversion modeling of that data, when combined with data from historical IP work at the NAK project, strongly suggested that the shoulder of the IP chargeability high broadly correlated with the zones of best mineralization encountered in the 2023 drilling.

American Eagle's 2024 Exploration Program Underway (newsfilecorp.com)

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