- American Eagle Gold Corp. (AE) is shifting its focus on exploration in Canada, investigating its NAK copper-gold porphyry project in Central British Columbia
- The company acquired the project in December 2021 and new interpretations with historical data have provided confidence that a high-grade underground deposit could exist
- Drilling will begin this year at NAK, and the company will test 5-7 drill site locations with a minimum of 3,000 metres of drilling
- American Eagle plans to exit the USA and focus on expanding its presence in B.C.
- American Eagle Gold Corp. (AE) was trading steady at $0.035 a share at 2:00 pm ET
American Eagle Gold Corp. (AE) is shifting its focus on exploration in Canada, investigating its NAK copper-gold porphyry project in Central British Columbia.
The company acquired the project in December 2021 and new interpretations with historical data have provided confidence that a high-grade underground deposit could exist.
Drilling will begin this year at NAK, and the company intends to test 5-7 drill site locations with a minimum of 3,000 metres of drilling. ITL Drilling has been contracted and drills will begin turning within two weeks of receiving permits.
American Eagle plans to exit the USA and focus on expanding its presence in B.C., explaining in a news release that the province offers a far superior risk-reward ratio, compared to exploring in Nevada.
American Eagle Gold Corp. is focused on exploring gold deposits and plans to drill and advance its relatively unexplored property and continue to focus on acquiring and advancing gold projects.
American Eagle Gold Corp. (AE) was trading steady at $0.035 a share at 2:00 pm ET.