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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 Jul 02, 2024 7:21pm
210 Views
Post# 36115450

American Eagle Discovers Outcrop of Copper-Bearing Porphyry

American Eagle Discovers Outcrop of Copper-Bearing Porphyry

Highlights:

  • Field teams identified copper-bearing outcrop porphyry in the central part of the IP Embayment Zone, a previously undrilled and highly prospective area
  • The Company has intersected disseminated and vein hosted chalcopyrite mineralization at depth on the margins of the IP Embayment Zone, in Drill hole NAK24-19
  • IP Embayment Zone, in the southeastern area of the NAK project, will be elevated as a priority target for further exploration and drilling.

Toronto, Ontario--(Newsfile Corp. - July 2, 2024) - - July 2, 2024 - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce a potentially significant discovery of outcropping copper mineralization at its NAK project in west-central B.C. As a follow-up to an Induced Polarization survey conducted in 2024 that highlighted a new area of interest designated the IP Embayment Zone ("IPE Zone"). American Eagle deployed field teams to the IPE Zone, where they discovered three widely separated outcrops of copper-bearing porphyry outcrops. 

American Eagle Discovers Outcrop of Copper-Bearing Porphyry at Newly Defined IP Embayment Zone; Provides Drilling Update (newsfilecorp.com)

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