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American Eagle Gold (TSXV:AE) commences drilling at NAK Project

Mining
TSXV:AE
22 August 2022 13:00 (EDT)

Source: American Eagle Gold.

American Eagle (AE) has broken ground at its NAK Copper-Gold Project in B.C.

The drilling program consists of 4-6 vertical holes of roughly 800 m focused on several compelling and untested targets.

NAK is a porphyry target indicative of a robust copper-gold system backed by historical exploration, which intersected 0.35 per cent copper and 0.645 g/t gold over 168.5 m.

Copper-gold porphyry mineralization is open in all directions and is defined by a geophysical signature analogous to Newcrest’s Red Chris Mine and Newmont’s Saddle Deposit.

The company is fully funded for NAK’s 2022 exploration program.

American Eagle Gold is focused on exploring for world-class gold and copper deposits in North America.

American Eagle (AE) is down by 11.11 per cent trading at $0.04 per share as of 12:24 pm EST.


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