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American Eagle Updates on NAK Drill Program
Toronto, Ontario--(Newsfile Corp. - July 13, 2023) - American Eagle Gold Corp. (TSXV: AE) ("Ameri...
About this update from American Eagle Gold Corp
[{"type":"text","content":"American Eagle Updates on NAK Drill ProgramToronto, Ontario--(Newsfile Corp. - July 13, 2023) - American Eagle Gold Corp. (TSXV: AE) (\"American Eagle\" or the \"Company\") is pleased to update shareholders on its ongoing drill program at the NAK Copper-Gold Porphyry project (\"NAK\") in British Columbia. The visual assessment of NAK23-08, NAK23-09 and NAK 23-10 is encouraging, showing zones of consistent mineralization, though management emphasizes that visual interpretations do not always correlate with positive assay results.Cannot view this video? Visit:Video of CEO Anthony Moreau Providing Update on the 2023 NAK Drill ProgramSee Core Photos of NAK 23-08, 23-09 and 23-10 hereView 2022 and 2023 NAK Drill ProgramNAK 23-08 Complete NAK 23-08 at NAK has revealed compelling visual chalcopyrite mineralization, extending to a downhole depth of 881 meters. This hole has provided access to untested ground west of the main historically drilled South zone, and west of the north-south fence of deep holes drilled by the Company in 2022. Initially, hole 23-08 was planned to be drilled to 300m depth, but visuals prompted continuation of drilling and have provided us with encouragement to drill additional step-out holes to the west. The visuals in NAK 23-08 highlight the significant potential of this area and further emphasize the potential at the NAK property.NAK 23-09 CompleteDrill hole NAK23-09, was drilled 730 meters east of NAK22-01, in an area immediately south of the main Babine Stock intrusion. It also yielded encouraging visuals, and confirms the presence of mineralization beyond the limit of historical drilling. American Eagle is assessing the results and actively integrating them into the overall NAK system. Adjustments to the 2023 drilling plan may prioritize further exploration in this area, which we now refer to as the Southern Margin Zone.NAK 23-10 In-progressNAK 23-10 is focused on extending the historically higher-grade near-surface mineralization encountered in NAK 22-01 and NAK22-02 and linking this shallower mineralization with the newly- recognized deeper mineralization farthest west in drill hole NAK23-08. Early visuals from the top of the hole are promising. The local zones of chalcopyrite, molybdenite, and bornite veining are consistent with that observed in NAK 23-08. The aim of the Company's 2023 exploration effort...