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American Eagle Intersects 302 Metres of 1.09% Copper Equivalent within 606 Metres of 0.74% Copper Equivalent
Highlights: NAK23-17 intersected 302 m of 1.09% Copper Equivalent within 606 m of 0.74% Copper...
About this update from American Eagle Gold Corp
[{"type":"text","content":"American Eagle Intersects 302 Metres of 1.09% Copper Equivalent within 606 Metres of 0.74% Copper EquivalentHighlights:NAK23-17 intersected 302 m of 1.09% Copper Equivalent within 606 m of 0.74% Copper Equivalent beginning at 98 m downhole. NAK23-17 was collared 250 metres west of NAK23-11 (473 metres of 0.62% Copper Equivalent, beginning at surface), and more than 250 metres away from any previous hole drilled on the property, extending high-grade mineralization westward. The fully funded 2024 drill program will prioritize expanding the large, high-grade, mineralized South Zone and testing linkages between it and other higher-grade parts of the extensive NAK system. Toronto, Ontario--(Newsfile Corp. - January 8, 2024) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) (\"American Eagle\" or the \"Company\") is pleased to announce that hole NAK23-17 intersected 302 metres of 1.09% Copper Equivalent within 606 metres of 0.74% Copper Equivalent (\"CuEq\") beginning at 98 metres downhole, west of the South Zone at its NAK Copper Gold porphyry project (\"NAK\" or the \"Project\") in British Columbia, Canada.Hole NAK23-17 was collared more than 250 metres distant from any previous drill hole on the property, the nearest being hole NAK23-11, which intersected 473 metres of 0.62% Copper Equivalent from surface. The high-grade intercept in NAK23-17 has served to confirm and improve upon the scale and tenor of high-grade mineralization discovered west of the historically defined South Zone, by showing continuity between the higher-grade mineralization in hole NAK23-11 and that in holes NAK23-08 and NAK22-01. For the 2024 drill program, the Company intends to test and expand this area of higher-grade mineralization, identify where it reaches the surface, and to determine how much farther it extends to the south, west, and north, including possible connections to deeper, higher-grade mineralization at the North Zone, such as that intersected in drill holes NAK22-04 and NAK23-12.\"The more we drill, the better NAK gets, as shown by the bold, westerly step out with NAK23-17. This risk paid off, revealing what may be a high-grade mineralized belt that remains open to the north and the south, and proving that the high-grade mineralization encountered previously in NAK23-11 is extensive in both the vertical and east-west dimensions. 2022's d...