American Eagle Gold Corp · TSXV:AE
American Eagle Gold — Investor Presentation (May 2024)
23 slides from American Eagle Gold's investor presentation, May 15, 2024
Slide 1: Canada’s Most Exciting Porphyry Discovery
Canada’s Most Exciting Porphyry Discovery Investor Presentation: Q2 - 2024 AE: TSXV | AMEGF: OTCQB AmericanEagleGold.ca
Slide 2: 302 metres of 1.09% Copper Equivalent within 606 metres of 0.74% Copper Eq
302 metres of 1.09% Copper Equivalent within 606 metres of 0.74% Copper Eq AE: TSXV | AMEGF: OTCQB Part of the
Slide 3: Introduction
Introduction • American Eagle is 100% focused on its Copper-Gold porphyry project, NAK, located near Smithers, British Columbia, Canada • NAK has scale, high grade and road access 365 days a year • American Eagle has drilled 17 holes and hit copper and gold on each one • American Eagle is partnered
Slide 4: NAK Infrastructure
NAK Infrastructure • NAK is in the Babine Copper-Gold Porphyry District 85km (1h10m) from Smithers, British Columbia with: • Low-cost exploration • Road accessible • Exploration camp • Site clear-cut by forestry • Year-round access • Access to water • Access to labour • Access to critical spares AE:
Slide 5: NAK: Grade, Scale, Accessibility + BlueSky
NAK: Grade, Scale, Accessibility + BlueSky AE: TSXV | AMEGF: OTCQB Part of the
Slide 6: 302 metres of 1.09% Copper Equivalent within 606 metres of 0.74% Copper Eq
302 metres of 1.09% Copper Equivalent within 606 metres of 0.74% Copper Eq NAK2-01 • NAK23-17: • 302 m of 1.09% Copper Eq • within 606 m of 0.74% Copper Eq beginning 98 m downhole. NAK22-04 NAK22-04 NAK22-04 NAK22-03 • Collared 250 metres west of NAK23-11’s 473 metres of 0.62% Copper Eq, beginning a
Slide 7: 900 metres of 0.50% Copper Equivalent
900 metres of 0.50% Copper Equivalent NAK2-01 • NAK23-12 • 900 m @ 0.50% Copper Eq from surface • including 540 m @ 0.61% Copper Eq from 344 m • Copper contributed NAK22-04 over 70% of the CuEq NAK22-04 calculation, averaging NAK22-03 NAK22-04 0.35% Copper throughout the 900-metre intercept • Affirm
Slide 8: Consistent Grade from Surface in Untested Ground - NAK23-08 and 11
Consistent Grade from Surface in Untested Ground - NAK23-08 and 11 NAK2-01 • NAK23-11: • 102 metres @ 1.04% copper eq within 473 metres of 0.62% copper eq from surface • NAK23-08 • 776 m @ 0.50% copper NAK22-04 eq from surface NAK22-04 NAK22-04 NAK22-03 • Mineralization starts from surface and is co
Slide 9: Discovery of a New Zone at NAK
Discovery of a New Zone at NAK • Discovered broad new area for exploration 650 m from any NAK2-01 previous drilling • Strong Gold and Moly results and highly anomalous Copper to a depth of 654 m suggest the hole was drilled proximal to higher-grade mineralization NAK22-04 NAK22-04 NAK22-04 NAK22-03
Slide 10: The Geophysical Signature on the West is Symmetrical to the East…
The Geophysical Signature on the West is Symmetrical to the East… NAK2-01 NAK22-01 NAK23-17 NAK23-11 NAK23-08 NAK23-09 NAK22-04 NAK22-04 NAK22-03 NAK23-09 AE: TSXV | AMEGF: OTCQB Part of the
Slide 11: NAK 2022 & 2023 Drill Program Highlights
NAK 2022 &2023 Drill Program Highlights 302 m of 1.09% CuEq within 606 m of 0.74% CuEq NAK23-17 776 m of 0.50% CuEq from surface NAK23-08 390.9 m of 0.34% CuEq within 687.7 m of 0.28% CuEq NAK23-16 106 m of 0.53% CuEq from surface within 856 m of 0.30% CuEq NAK22-07 543.4 m of 0.27% CuEq NAK23-15 33
Slide 12: Large Footprint with Geophysical Model Confirmed
Large Footprint with Geophysical Model Confirmed NAK2-01 • 1.5 KM x 1.5 KM footprint with mineralization defined to 1 KM depth NAK22-04 NAK22-04 NAK22-04 NAK22-03 NAK22-03 • Open in all directions, and at depth • A multitude of additional targets exist • Multi-billion tonne potential AE: TSXV | AMEG
Slide 13: 2024 Planning is Underway
2024 Planning is Underway NAK2-01 • Prioritize new area of high-grade mineralization around NAK23 17 • Connecting the North and South Zones • Finding a Jewel Box NAK22-04 NAK22-04 NAK22-04 • Mineralized dykes indicate that a high-grade zone or secondary NAK22-03 source within the Babine NAK22-03 sto
Slide 14: Goal of 2024 is to Connect the North and South
Goal of 2024 is to Connect the North and South AE: TSXV | AMEGF: OTCQB Part of the
Slide 15: NAK: Grade, Scale, Accessibility + BlueSky
NAK: Grade, Scale, Accessibility + BlueSky Connect the North & the South AE: TSXV | AMEGF: OTCQB Part of the
Slide 16: Looking Forward – Future Opportunities
Looking Forward – Future Opportunities High-Cu North Zone open at depth to the northeast and northwest, and geological and geophysical observations show broad connectivity at depth to the south Top-down Plan-view New south-zone western expansion shows markedly similar Au:Mo:Cu ratio to southeast ste
Slide 17: Strategic Partnership with Teck Resources
Strategic Partnership with Teck Resources NAK2-01 • Teck Resources made three investments into American Eagle, each done at a significant premium to market: • May 2023 (click here to view NR) NAK22-04 • August 2023 (click here to view NR) NAK22-04 NAK22-04 NAK22-03 • November 2023 (click here to vie
Slide 18: Strong Partnership With the Local Community
Strong Partnership With the Local Community NAK2-01 • American Eagle and Lake Babine Nation have forged a relationship built on a foundation of communication and engagement • On August 7th, 2023 American Eagle signed an NAK22-04 expanded Exploration Agreement with Lake Babine NAK22-04 NAK22-03 First
Slide 19: NAK Drill Core
NAK Drill Core NAK2-01 • NAK core is indicative of strong copper-gold porphyry mineralization, with commonly observed zones of high grade bornite mineralization. • The abundance of chalcopyrite and bornite, as well as commonly observed hypogene chalcocite, has positive economic implications, with bo
Slide 20: Board & Management
Board & Management Anthony Moreau Alex Stewart CEO & Director Director • 10 years of experience in the mining industry Previously with • Over 40 years of experience in the practice of securities law and Iamgold in Business Development & Special Projects Director natural resource investment of the Yo
Slide 21: Corporate Overview
Corporate Overview KEY METRICS TSXV - OTCQB AE - AMEGF Shares Outstanding (m) 122.5* SHARE P R I C E Warrants Outstanding (m) 6.8* Share Price (05/14/2024) $0.74 Market Cap ~$93.1 Cash $4.4M** Insiders and Funds 46% Teck Resources (TECK: TSX) 19.99% *As of April 26th, 2024, as reported in 2023 Year
Slide 22: Forward-Looking Statements
Forward-Looking Statements WE ARE IN THE MINERAL EXPLORATION AND DEVELOPMENT BUSINESS. IT IS INHERENTLY RISKY, investigation of the dimensions, quantity or grade of the mineralization referred to above, therefore this AND ALL INVESTORS SHOULD BE KEENLY AWARE OF THIS historical data should not be rel
Slide 23: @ www.AmericanEagleGold.ca University Avenue, Suite 1805, Toronto ON, M5J 2H7
amoreau@americaneaglegold.ca @ www.AmericanEagleGold.ca 55 University Avenue, Suite 1805, Toronto ON, M5J 2H7 (v) AmEagleGold American Eagle Gold (a) TheOreGroup
American Eagle Gold — Investor Presentation (May 2024) on 6ix