American Eagle Commences Exploration Season at NAK | AMEGF Stock News

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Apr 23, 2025
  • American Eagle Gold (TSXV: AE, OTCQB: AMEGF) launches its 2025 exploration campaign at NAK copper-gold project in British Columbia.
  • The fully funded 30,000-metre drill program is set to commence in May 2025.
  • Strategic investments from Teck Resources and South32 secure funding beyond the next two years.

American Eagle Gold Corp. (TSXV: AE, OTCQB: AMEGF) has officially initiated its 2025 exploration efforts at the NAK copper-gold porphyry project in British Columbia. Commencing with a 480 line-kilometre helicopter-borne magnetic survey using advanced four-sensor technology, the company aims to enhance subsurface structure mapping and drill target identification.

The ambitious 30,000-metre drill campaign, which kicks off in May 2025, marks the largest in the company's history. Supported by strategic investments from Teck Resources and South32, this initiative surpasses the total drilling conducted over the past three years and ranks among the most extensive single-season drill campaigns in British Columbia's Babine region.

"The upcoming survey will significantly enhance our understanding of the complex network of dykes at NAK, extending well beyond the areas we've drilled to date," stated Anthony Moreau, CEO of American Eagle Gold. The magnetic survey is designed to optimize drill hole placement by providing insights into the dyke network and the potential sources of these structures.

The company confirmed it remains fully funded for at least two additional years following the completion of the 2025 exploration program. Results from the magnetic survey and the finalized plan for the upcoming season are expected to be disclosed in the weeks leading up to the drilling commencement in late May.

Located within the Babine copper-gold porphyry district, the NAK project benefits from excellent infrastructure, including all-season roads and proximity to key towns and transportation lines in British Columbia.

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