- GOAT Industries (GOAT) has acquired additional claims in the vicinity of American Eagle Gold Corp.’s copper mineralized NAK discovery
- The additional claims, acquired through staking, are located approximately 85 kilometres from Smithers, British Columbia
- Copper is an important industrial mineral used in the production of electric vehicles and electric vehicle battery production
- GOAT Industries is an investment issuer focused on investing in high-potential companies operating across a variety of sectors
- GOAT Industries Ltd. opened trading at $0.01 per share
GOAT Industries (GOAT) has acquired additional claims in the vicinity of American Eagle Gold Corp.’s copper mineralized NAK discovery.
The additional claims, which were acquired through staking, are located approximately 85 kilometres from Smithers, British Columbia.
The claims contain a historic British Columbia Minfile occurrence to the northeast of the recently reported NAK Copper Discovery, which adds to the additional claim block recently acquired by the Company in the immediate vicinity.
On November 7, 2022, American Eagle Gold announced results showing 125 metres of 1.02 per cent copper equivalent from surface within 851 metres of 0.33 per cent copper equivalent from their maiden drill hole at the NAK Copper Discovery.
The area is a known porphyry copper-gold district which hosts the NAK Cooper Discovery as well as Morrison, Dorothy, Duke and the past producing Bell Copper Mine, and several historical occurrences, including the one reported on the additional claims which have not yet had any modern day porphyry copper exploration methods applied.
Porphyry copper-gold deposits worldwide are known to exist in clusters as per publications by US Geological Survey and by authors Sillitoe and Zhu.
Copper is an important industrial mineral used in the production of electric vehicles, electric vehicle battery production and the infrastructure needed to power electric vehicles and industrialization worldwide.
GOAT Industries is an investment issuer focused on investing in high-potential companies operating across various sectors.
GOAT Industries Ltd. opened trading at $0.01 per share.