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Bullboard - Stock Discussion Forum American Eagle Gold Corp V.AE

Alternate Symbol(s):  AMEGF

American Eagle Gold Corp is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties. The Company is focused on exploring its NAK project in the Babine Copper-Gold Porphyry district of central British Columbia. The NAK copper-gold porphyry deposit occurs in the Stikine Island Arc Terrane, which hosts many copper porphyry deposits in British Columbia. The... see more

TSXV:AE - Post Discussion

American Eagle Gold Corp > American Eagle's 2024 Exploration Program Underway
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Post by Betteryear2 on Apr 17, 2024 10:48am

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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