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Drilling Underway at American Eagle's NAK Copper-Gold Project
Toronto, Ontario--(Newsfile Corp. - June 12, 2023) - American Eagle Gold Corp. (TSXV: AE) (OTCQB:...
About this update from American Eagle Gold Corp
[{"type":"text","content":"Drilling Underway at American Eagle's NAK Copper-Gold ProjectToronto, Ontario--(Newsfile Corp. - June 12, 2023) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) (\"American Eagle\" or the \"Company\") is pleased to announce that drilling has commenced at its NAK Copper-Gold Porphyry project (\"NAK\") northeast of Smithers, British Columbia. This program is fully funded by the strategic investment by Teck Resources (see release here), as announced on May 8. About NAK's Drill ProgramDrilling will continue through October 2023 with a planned 7,000 metres to further delineate NAK's grade and size potential. The primary objectives for this year's drill program will be to:Expand and define the orientation of the higher-grade dyke-hosted bornite mineralizationExpand the high-grade at-surface south gold zone Drill test the highly prospective southern contact of the main Babine stock porphyryFollow up on 2022's drill program with east-west step-out drilling to delineate the true size of this potential depositView 2023 Drill TargetsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9283/169553_americaneaglefigure1.jpgCannot view this video? Visit:View NAK Technical Webinar with Joe Mazumdar and Lead Geo Neil ProwseAbout the Previous DrillingHistorical drilling defined a large surface copper and gold footprint measuring 1500 x 1500m open in all directions. However, historical drilling had been restricted to the upper parts of the mineralized alteration zone, testing to an average vertical depth of only 170m. American Eagle's 2022 drill program tested mineralization below the historical shallow drilling and discovered broad intercepts of bornite-bearing copper-gold porphyry mineralization. 2023's objective is to continue advancing the NAK property by expanding its known mineralized footprint and identifying the high-grade source of copper and gold on NAK.For the latest videos from American Eagle, Ore Group, and all things mining, subscribe to our YouTube Channel: youtube.com/@theoregroupAbout American Eagle's NAK ProjectNAK is a porphyry copper-gold target that exhibits many signs of a robust and large-scale system. Historical drilling, while shallow, defined a near-surface copper-gold system with a footprint greater than 1.5km x 1.5km. Drilling in 2022 showed that the property holds substan...