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merican Eagle drills 851.28 m of 0.33% CuEq at NAK
2022-11-07 09:54 ET - News Release
Mr. Anthony Moreau reports
AMERICAN EAGLE DRILLS 125 M OF 1.02% COPPER EQUIVALENT FROM SURFACE WITHIN 851 M OF 0.33% COPPER EQUIVALENT IN MAIDEN DRILL HOLE AT NAK
American Eagle Gold Corp. has released assay results from NAK22-01, the first hole of its 2022 program on its NAK copper-porphyry project. All five holes drilled on NAK have intersected broad intervals of porphyry-style mineralization from surface to end of hole, the longest of which was 984 metres.
NAK is a classic porphyry copper-gold target whose current 5,000 m drill program tests the potential for a mineralized footprint greater than 1.5 kilometres by 1.5 km. All five holes drilled to date hit broad mineralization from surface to a maximum depth of 984 m downhole. Assay results for NAK22-02 to -05 are pending.
"Our objective at NAK is to discover a world-class copper-gold deposit with a high-grade core at depth. Today's results exceeded our expectations. We have encountered mineralization in every hole and intersected a wide, high-grade interval from surface on the first hole. The bounds of the system are entirely unknown, including depth extensions of high grade. These early results set us up for an exciting remainder of 2022 and 2023," said Anthony Moreau, American Eagle's chief executive officer.
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