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Drilling Underway at NAK: 2026 Season Has Begun
Toronto, Ontario--(Newsfile Corp. - May 15, 2026) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") confirms that
About this update from American Eagle Gold Corp
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - May 15, 2026) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) (\"American Eagle\" or the \"Company\") confirms that drilling is now underway at its NAK copper-gold porphyry project in central British Columbia. Two diamond drill rigs are on site and turning, with the first holes of the 2026 campaign already in progress. A third rig is expected to be mobilized to site on or about May 25, 2026. With more than 50,000 metres planned across the current drill season, which is expected to run through into 2027, this is the largest exploration program the Company has ever undertaken. The program is fully funded from American Eagle's cash on hand and is designed to support a future maiden Mineral Resource Estimate and subsequent economic studies. CLICK HERE to View May 8, 2026 News Release Outlining 2026 Drill Plan About American Eagle Gold Corp. American Eagle is advancing the NAK copper-gold porphyry project in British Columbia's Babine district, supported by approximately $55 million in cash and cornerstone shareholders South32, Teck, Eric Sprott, and Ore Group. Anthony Moreau, Chief Executive Officer 416.644.1567 | [email protected] | www.americaneaglegold.ca Q.P. Statement Mark Bradley, B.Sc., M.Sc., P.Geo., a Certified Professional Geologist and independent \"qualified person\" for the purposes of NI 43-101, has verified and approved the technical information contained in this news release. Cautionary Note Regarding Forward-Looking Statements This news release contains certain \"forward-looking information\" and \"forward-looking statements\" within the meaning of applicable Canadian securities legislation (collectively, \"forward-looking statements\"). Forward-looking statements are based on expectations, estimates, projections, and interpretations as at the date of this news release and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding: the scope, scale, timing, and progress of the Company's current drill program at the NAK project, which is expected to run through into 2027; the planned completion of more than 50,000 metres...