American Eagle Gold Corp · TSXV:AE
American Eagle Gold — Investor Presentation (February 2024)
31 slides from American Eagle Gold's investor presentation, February 2024
Slide 1: Canada’s Most Exciting Porphyry Discovery
Canada’s Most Exciting Porphyry Discovery NAK23-17: 302 metres of 1.09% Copper Equivalent AE: TSXV | AMEGF: OTCQB AmericanEagleGold.ca
Slide 2: 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 3: Grade │ Scale │ Location │ Fully Funded
Grade │ Scale │ Location │ Fully Funded AE: TSXV | AMEGF: OTCQB Part of the
Slide 4: 302 metres of 1.09% Copper Equivalent within 606 metres of 0.74% CuEq
302 metres of 1.09% Copper Equivalent within 606 metres of 0.74% Copper Eq AE: TSXV | AMEGF: OTCQB Part of the
Slide 5: 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 6: 2022 Drill Program
2022 Drill Program • Plan was to find top of deep high grade porphyry • 6 of 7 holes Drilled along a 750 metre fence • 4 of 7 holes vertical • 2 of 7 holes North-South Incline • NAK22-01: 126 m of 1.05% Copper Equivalent from surface • NAK22-04: 527 m of 0.45% CuEq from Surface, including 185 m of 0
Slide 7: 2023 Drill Program
2023 Drill Program • Plan was to connect the north to the south • NAK22-08: 776 m of 0.5% CuEq from surface • NAK22-10: 359 metres of 0.43% CuEq • NAK22-11: 214 m of 0.91% CuEq within 473 m of 0.62% CuEq from surface • NAK22-12: 900 m of 0.5% CuEq from surface • NAK22-17: 302 metres of 1.05% CuEq wi
Slide 8: 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 9: 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 10: NAK: Grade, Scale, Accessibility + BlueSky
NAK: Grade, Scale, Accessibility + BlueSky Connect the North & the South AE: TSXV | AMEGF: OTCQB Part of the
Slide 11: Discovery of a New Zone at NAK
Discovery of a New Zone at NAK NAK2-01 NAK22-04 NAK22-04 NAK22-04 NAK22-03 AE: TSXV | AMEGF: OTCQB Part of the
Slide 12: 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 13: The Geophysical Signature on the West is Symmetrical to the East…
The Geophysical Signature on the West is Symmetrical to the East…
Slide 14: Blue Sky
Blue Sky NAK2-01 ? ? ? • 1.5 KM x 1.5 KM footprint with ? mineralization defined to 1 KM depth ? ? • Open in all directions, and at NAK22-04 NAK22-04 ? ? NAK22-03 depth ? • A multitude of additional targets exist ? • Multi-billion tonne potential ? AE: TSXV | AMEGF: OTCQB Part of the
Slide 15: 2024 Drill Program
2024 Drill Program NAK2-01 NAK22-04 NAK22-04 NAK22-04 NAK22-03 AE: TSXV | AMEGF: OTCQB Part of the
Slide 16: 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 • Mineralized dykes indicate that a high-grade zone or secondary source within the Babine NAK22-04 NAK22-04 NAK22-03 NAK22-03 sto
Slide 17: 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 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 NAK22-04 expanded Exploration Agreement with Lake Babine 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) 112.5* SHARE P R I C E Warrants Outstanding (m) 14.4** Share Price (02/06/2024) $0.55 Market Cap ~$60.4 Cash $5.5M Insiders and Funds 46% Teck Resources (TECK: TSX) 19.99% *Last reported Q3 2023 MD&A **Last reported Q3 202
Slide 22: 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 23: Questions, Comps and De-risking
Questions, Comps and De-risking $2,700 Million* $222 Million* $61 Million* * as of 02-06-24 AE: TSXV | AMEGF: OTCQB Part of the
Slide 24: Corporate Overview
Corporate Overview KEY METRICS TSXV - OTCQB AE - AMEGF SHARE P R I C E Shares Outstanding (m) 109.8 Warrants and Options (m) 19.8 Share Price (02/06/2024) $0.55 Market Cap ~$60.4 Cash $5.5M Insiders and Funds 46% Teck Resources (TECK: TSX) 19.99% BOARD & MANAGEMENT Anthony Moreau CEO & Director Step
Slide 25: 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 • Mineralized dykes indicate that a high-grade zone or secondary source within the Babine NAK22-04 NAK22-04 NAK22-03 NAK22-03 sto
Slide 26: 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 27: 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 NAK22-04 expanded Exploration Agreement with Lake Babine NAK22-03 First
Slide 28: 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 29: 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 30: (v) AmEagleGold American Eagle Gold (@) TheOreGroup
amoreau@americaneaglegold.ca ©) www.AmericanEagleGold.ca 55 University Avenue, Suite 1805, Toronto ON, M5J 2H7 (v) AmEagleGold American Eagle Gold (@) TheOreGroup
Slide 31: Technical Presentation Core Gallery Technical Webinar
Technical Presentation Core Gallery Technical Webinar AE: TSXV | AMEGF: OTCQB Part of the
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