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American Eagle Gold Corp V.AE

Alternate Symbol(s):  AMEGF

American Eagle Gold Corp. is a Canada-based company, which is focused on exploring its NAK copper-gold porphyry project in west-central British Columbia, Canada. Its NAK property is located in the Babine Copper-Gold Porphyry district in central British Columbia. The property is also close to the past-producing Bell and Granisle open pit Cu-Au mines. The NAK property has logistical advantages and can be accessed via well-maintained forest production roads from Topley Landing. The NAK copper-gold porphyry deposit occurs in the Stikine Island Arc Terrane, which hosts many copper porphyry deposits in British Columbia. In addition, NAK is associated with Babine Intrusive Suite, which is Eocene age and locally hosts the Bell, Granisle, Morrison, Hearne Hill and Dorothy/Duke copper-gold deposits. The NAK Project is easily accessible from the mining Town of Smithers, located 80 kilometers (km) to the SW, and connected via highway and rail to BC ports.


TSXV:AE - Post by User

Post by Betteryear2on Apr 17, 2024 10:48am
97 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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