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American Eagle Drills 527 Metres of 0.45% Copper Equivalent from Surface, Including 185 Metres of 0.74% Copper Equivalent
Highlights: NAK22-04 returned 527 m @ 0.45% copper equivalent ("CuEq") from surface, including...
About this update from American Eagle Gold Corp
[{"type":"text","content":"American Eagle Drills 527 Metres of 0.45% Copper Equivalent from Surface, Including 185 Metres of 0.74% Copper EquivalentHighlights:NAK22-04 returned 527 m @ 0.45% copper equivalent (\"CuEq\") from surface, including 185 m @ 0.74% CuEq, and ended in high-grade mineralization (88 m @ 0.98% CuEq), representing the best deep intercept to date in the 2022 drill programNAK22-04 appears to have intersected a new copper-rich zone at depth, 500 metres north of discovery hole NAK22-03 and NAK22-04 are very widely spaced step-out holes from:NAK22-01: 126 m @ 1.05% CuEq from surface within 851 m @ 0.37% CuEq NAK22-02: 301 m @ 0.61% CuEq from surface within 956 m @ 0.37% CuEq Footprint is 1.5 km X 1.5 km and 1 km deep and is open in all directionsLarge bulk tonnage potential with high-grade surface and depth zones developingAll holes show widespread mineralization, including high-grade zonesAssays for holes NAK22-05, -06 & -07 are pendingToronto, Ontario--(Newsfile Corp. - January 25, 2023) - American Eagle Gold Corp. (TSXV: AE) (\"American Eagle\" or the \"Company\") is pleased to report assay results from the third and fourth holes of its 2022 program on its NAK copper-gold porphyry project (\"NAK\").\"This fourth drill hole is our best intercept to date and encountered a new higher-grade copper-rich zone 500 metres from our discovery hole. Hole NAK22- 04 ended within a wide high-grade zone but was unfortunately terminated early for technical reasons; however, holes NAK22-06 and - 07 successfully intersected the continuation of the same zone at depth and hit similar mineralization. We anticipate that the pending assays from those two holes will show similar results. Our step-out drilling continues to demonstrate a substantial footprint for this system,\" said Anthony Moreau, American Eagle's CEO. Highlights of NAK's 2022 Drill Program:NAK22-01 returned 851 m of 0.37% CuEq, including 126 metres of 1.05% CuEq from surfaceNAK22-02 returned 956 m of 0.37% CuEq, including 301 metres of 0.61% CuEq from surfaceNAK22-03 returned 906 m of 0.21% CuEq from surface, including 645 metres of 0.24% CuEqNAK22-04 returned 527 m of 0.45% CuEq from surface, including 89 metres of 0.98% CuEq Click here to view Interpretation of Mineralization at NAKClick here for a long section of NAK's Four Assayed IntersectionsClick Here for a New Video on Hole 4's Sig...