American Eagle Confirms Continuity of Copper-Gold Mineraliz. Highlights:
- NAK22-07 intersected 106 m of 0.53% CuEq from surface
- NAK22-06 intersected 127 m of 0.5% CuEq from 707m, and NAK22-07 intersected 173 m of 0.42% CuEq from 538 m, confirming the continuity of deeper mineralization between holes NAK22-02 and NAK22-04
- NAK22-06 & 07 intersected several copper-rich bornite-bearing dykes:
- NAK22-06: 531.33 - 532.37 m; 1.04 m @ 4.35% CuEq
- NAK22-07: 490.79 - 502.71 m; 11.92 m @ 0.74 % CuEq
- NAK22-06 and -07's copper-rich bornite-bearing dykes are inferred to be associated with intercepts in previous holes drilled in 2022, such as:
- NAK22-02: 901.00 - 934.21 m; 33.21 m @ 0.95 % CuEq*
- NAK22-02: 952.00 - 956.72 m; 4.72 m @ 1.52 % CuEq*
- NAK22-04: 505.82 - 522.00 m; 16.18 m @ 0.86 % CuEq*
- NAK22-06 & 07 intersected numerous zones of dense copper sulfide (bornite, chalcopyrite, chalcocite) mineralization, including:
- NAK22-06: 714.00 - 715.00 m; 1.00 m @ 4.40% CuEq
- NAK22-06: 822.00 - 824.00 m; 2.00 m @ 3.16% CuEq
- NAK22-07: 620.00 - 621.00 m; 1.00 m @ 3.55% CuEq
- NAK22-06 and 07's high grade copper sulfide veining is analogous in mineralogy to multiple intercepts in previously reported holes, including:
- NAK22-01: 801.00 - 802.08 m; 1.08 m @ 14.04% CuEq*
- NAK22-02: 238.00 - 239.00 m; 1.00 m @ 16.55% CuEq*
- NAK22-04: 165.59 - 166.59 m; 1.00 m @ 11.25% CuEq*
- NAK22-04: 474.65 - 475.65 m; 1.00 m @ 9.16% CuEq*
- NAK22-06 and 07 link higher-grade mineralized zones intersected in NAK22-04 and reaffirmed the potential of the NAK property for hosting economic concentrations of copper-gold mineralization at depth
- Extensive zones of near-surface mineralization are outlined with the following drill holes:
- NAK22-01's 126 m of 1.05% CuEq from surface*
- NAK22-02's 301 m of 0.61% CuEq from surface*
- NAK22-04's 146.31 m of 0.51% CuEq from surface*
- NAK22-07's 106 m of 0.53% CuEq from surface
* Previously reported
Toronto, Ontario--(Newsfile Corp. - March 2, 2023) - American Eagle Gold Corp. (TSXV: AE) ("American Eagle" or the "Company") is pleased to report assay results from the (5th, 6th and 7th) drill holes of its 2022 program on its NAK copper-gold porphyry project ("NAK").
"NAK's 2022 drill program outlined multiple well-mineralized zones, including a large near-surface zone, continuous zones at depth, and very high-grade bornite veins, which we are using to vector into more extensive high-grade zones within the mineralized footprint. 2022's program was an aggressive step-out program, targeting exclusively deep geophysical targets, with holes spaced as wide as 300 metres. We achieved a 100% success rate on hitting high-grade zones and widespread disseminated material, demonstrating that NAK hosts a very large porphyry system. 2023's drilling will be focused on further delineating the near-surface high-grade zones to show additional continuity and vectoring into the potential source of the high-grade bornite mineralized dykes encountered throughout the 2022 drill holes," said Anthony Moreau, American Eagle's CEO.
American Eagle Confirms Continuity of Copper-Gold Mineralization at NAK with Multiple Significant Intercepts at Depth and Near Surface (newsfilecorp.com)