Welcome to our dedicated page for American Eagle Gold news (Ticker: AMEGF), a resource for investors and traders seeking the latest updates and insights on American Eagle Gold stock.
American Eagle Gold Corp. (TSXV: AE, OTCQB: AMEGF) issues frequent technical and corporate updates related to its NAK copper-gold porphyry project in British Columbia. This news page aggregates those releases so readers can review the company’s reported drill results, target updates, and financing developments in one place.
According to the company’s own announcements, recent news has focused on expanding high-grade, near-surface mineralization in the South Zone, defining new mineralized zones in the North Zone, and demonstrating continuous copper-gold mineralization within the Babine porphyry stock. Releases describe record copper equivalent intercepts, extensions of mineralized zones in multiple directions, and the identification of new target areas such as the IP Embayment zone, East-Central targets, and a Deep Southeast target within the broader NAK system.
American Eagle also reports on the progress of its fully funded, multi-season drill programs, including the addition of a third drill rig and the start of a helicopter-supported phase designed to test large step-outs in underexplored areas. Corporate news items include strategic investments and charity flow-through financings involving South32 and Teck Resources, which the company states help support its exploration plans at NAK.
Investors and observers using this page can follow American Eagle’s reported drilling highlights, geological interpretations, and funding updates as they are released, gaining context on how each set of results fits into the evolving picture of the NAK copper-gold porphyry project.
American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) has announced a strategic transaction involving its Kuta Ridge Gold Project in Papua New Guinea. The company will sell two-thirds of its 3% Net Smelter Return (NSR) royalty to Precious Earth Resources in exchange for 500,000 American Eagle shares, which will subsequently be retired and cancelled.
The company will retain a 1% NSR in the Kuta Ridge project, which is strategically located near Barrick's Porgera Mine and K92's Kainantu Mine. The remaining NSR will not be subject to any buyback rights by Precious Earth. The transaction, expected to close in five business days, has received exemptive relief from the Ontario Securities Commission regarding issuer bid requirements.
American Eagle Gold (TSXV: AE, OTCQB: AMEGF) has launched its 2025 exploration campaign at the NAK copper-gold porphyry project in British Columbia. The company is initiating a 480 line-kilometre helicopter-borne magnetic survey with advanced four-sensor technology to improve subsurface structure mapping and drill targeting.
The company plans a fully funded 30,000-metre drill campaign starting in May 2025, supported by strategic investments from Teck Resources and South32. This program represents the largest drilling effort in the company's history, exceeding the combined drilling of the past three years. The campaign will be among the most extensive single-season drill programs ever conducted in BC's Babine region.
The magnetic survey aims to better understand NAK's dyke network and optimize drill hole placement. Results and final 2025 season plans will be announced before drilling begins in late May. The company confirms it will remain fully funded for at least two additional years after this program.
American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) has achieved 100% ownership of the NAK Copper-Gold Porphyry Project in British Columbia, located 85 km northeast of Smithers. The project has delivered impressive drill results, including 248 meters of 1.10% CuEq and 302 meters of 1.09% CuEq.
The company is well-funded with ~$37 million in cash and has strategic investments from South32 and Teck Resources A 30,000-metre drill program is scheduled to begin in May 2025, focusing on expanding near-surface mineralization across multiple zones including the North, Central, and South Zones.
The project's advantages include road access, gentle topography, low elevation, and proximity to infrastructure. Over 80% of NAK's prospective ground remains untested, presenting significant exploration potential. The company has issued 1,000,000 common shares to Bernie Kreft as part of the final option payment.
American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) has announced its participation schedule for PDAC 2025. The company will be exhibiting at Booth #2322 from March 2-5, and at the Core Shack (Booth #3106B) on March 4-5. CEO Anthony Moreau will be delivering two live presentations during the event.
American Eagle Gold Corp (TSXV: AE) (OTCQB: AMEGF) has been named to the 2025 TSX Venture 50, a prestigious ranking of top-performing companies on the TSX Venture Exchange. The selection criteria included one-year share price appreciation, market capitalization growth, and Canadian consolidated trading value, with each factor equally weighted.
CEO Anthony Moreau highlighted the company's strong performance in 2024, noting key achievements including the addition of a second major mining company to their registry and a robust cash position of $37 million. Looking ahead to 2025, the company plans to significantly expand its drilling operations, aiming to nearly double the meters drilled compared to the previous year.
American Eagle Gold (TSXV: AE, OTCQB: AMEGF) has announced its 2025 exploration program for the NAK copper-gold porphyry project. The company plans a 30,000-meter drill campaign starting in May 2025, with a budget of $12-15 million. The program aims to expand mineralization across key zones including the North, Central, and South Zones.
With $37 million in cash, provincial tax credits, and strategic partnerships with Lake Babine Nation, South32, and Teck, the company is well-funded through 2026. The program includes geophysical surveys, metallurgical studies, historical core retrieval, and timber harvesting initiatives. The NAK Project benefits from road access, gentle topography, and proximity to infrastructure, with high-grade copper and gold mineralization identified at surface.
American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) announces the exercise of all outstanding 2025 warrants, leaving only approximately 470,000 finder's warrants with a $1.04 strike price expiring May 17, 2026. This development streamlines the company's capital structure and strengthens its financial position. The company reports having sufficient funding for up to three more seasons of exploration at their NAK project. CEO Anthony Moreau indicates that drilling and exploration plans for 2025 will be announced in the coming weeks.