American Eagle Gold Corp. reports mineral exploration and corporate developments centered on the NAK property. Company updates focus on drilling plans, expansion and infill work, and geological targets around the Babine porphyry stock and South Zone as it delineates mineralization on the property.
News also covers private placement financings, equity participation by strategic mining investors such as Teck and South32, shareholder voting matters, governance changes, capital-structure disclosure, and periodic operating and financial results.
American Eagle (OTCQB: AMEGF, TSXV: AE) reports step-out drilling that expands the South Zone and confirms continuity of a high-grade core. NAK25-80 returned 618 m at 0.77% CuEq from surface. Step-outs extend the corridor ~750 m east and ~500 m south, leaving the system open for further growth.
Company also highlights prior long intervals (e.g., NAK25-78: 802 m of 0.71% CuEq) and district-scale continuity following Feb 25 results.
American Eagle (OTCQB: AMEGF) reports breakthrough drilling at the 100%-owned NAK Project, defining continuous porphyry Cu-Au-Mo mineralization over a ~1.7 km by 1.5 km footprint and remaining open laterally and to depth (>700 m). Highlight: NAK25-70 returned 901 m of 0.43% CuEq from surface, including 521 m of 0.58% CuEq.
The results expand the prospective footprint roughly fourfold, identify the South Zone as the higher-grade focus for near-term advancement, and note that no mineral resource has yet been defined.
American Eagle (OTCQB: AMEGF) will exhibit at PDAC 2026 in Toronto from March 1–4 and attend Ore Day 2026 on February 28.
The company will host investor-facing sessions: an Ore Day VIP lunch at 12:00 PM Feb 28 at the Shangri-La Hotel and PDAC Core Shack (Booth #3118B) on March 3–4, plus an exhibit at Booth #2322.
American Eagle Gold (TSXV:AMEGF) reported a major drilling result at its 100% owned NAK Project: drill hole NAK25-78 returned 802 metres at 0.71% Copper Equivalent (CuEq) from surface, including 375 metres at 1.01% CuEq beginning 211 metres downhole. The hole also contained 645 metres at 0.82% CuEq and is described as demonstrating continuous, near-surface, high-grade mineralization with minimal internal dilution.
Company commentary indicates these results materially expand and link the highest-grade parts of the South Zone, which the company says now measures about 700 metres east-west, 500 metres north-south and over 800 metres vertically.
American Eagle Gold Corp (TSXV: AMEGF) announced January 15, 2026 drill results expanding the South Zone at the NAK copper-gold project in British Columbia. Key intercepts include 140 m of 0.74% CuEq within 189 m of 0.61% CuEq in NAK25-62, 134 m of 0.40% CuEq in NAK25-55, 130 m of 0.62% CuEq within 409 m of 0.33% CuEq in NAK25-69, and 455 m of 0.31% CuEq in NAK25-72. The South Zone now extends ~700 m east-west, ~500 m north-south and >800 m depth with step-outs of ~150 m reported.
Assays used specified metal prices and 80% recoveries; QA/QC followed ALS ISO/IEC 17025 procedures.
American Eagle (OTCQB: AMEGF) reported December 11, 2025 drill results that expand the high-grade South Zone at the NAK copper-gold porphyry project in British Columbia.
Key highlights include NAK25-57: 91 m of 1.53% CuEq within 167 m of 1.06% CuEq and NAK25-52: 85 m of 0.92% CuEq. Combined, recent holes extend the east–west strike of the previously defined high-grade core to almost 500 metres and confirm mineralization to depths approaching 900–990 m in some holes. Company-stated CuEq uses assumed metal prices and 80% recoveries; assays have not been capped.
American Eagle Gold (OTCQB:AMEGF) reported a new mineralized zone at its NAK property centered on the Babine porphyry stock. The standout result is NAK25-53: 911.82 m @ 0.30% CuEq from 39.5 m (from surface). Additional long intervals include NAK25-56, NAK25-58 and NAK25-60 with CuEq intervals between 0.22–0.40%. The Company has a 30,000 m 2025 program with ~3,000 m remaining, ~44 holes planned and 29 holes yet to be assayed; follow-up drilling shows the new zone remains open to the east, northeast and southeast. Results support the Babine stock as a valid exploration target for bulk-tonnage, porphyry-style mineralization and justify continued drilling and assaying through 2025–2026.
American Eagle (TSXV: AMEGF) reported multiple broad, high‑grade drill intercepts at the NAK copper‑gold porphyry project on October 7, 2025. Key results include 77 m of 1.78% CuEq (1.21% Cu) within 140 m of 1.23% CuEq, all inside 814 m of 0.41% CuEq from surface, plus 115 m of 0.93% CuEq beginning near surface. Combined holes (NAK25‑46, ‑48, ‑49) show continuity of higher grades to depth, with a 482 m interval at 0.51% CuEq in NAK25‑46. The South Zone footprint expanded ~200 m south, ~250 m east and >800 m deep and remains open. Assays are uncapped and CuEq uses stated metal prices and assumed 80% recoveries.
American Eagle Gold (TSXV: AE) has reported significant drilling results from its NAK Copper-Gold Project in British Columbia. The company intersected 73 meters of 0.89% Copper Equivalent (CuEq) within 277 meters of 0.4% CuEq from surface in the North Zone, confirming high-grade copper-gold mineralization extends to surface.
Additionally, in a major development, hole 25-59 has intercepted visually identified mineralization in a completely new area within the Porphyry Stock, located approximately 1.2 km east of the Main Zone. This discovery could significantly expand NAK's mineralized footprint. The company is currently operating with three drill rigs and has 20+ scheduled drill holes remaining, with next assay results expected imminently.
American Eagle Gold (TSXV: AE) has launched the helicopter-supported phase of its 2025 exploration program at the NAK property, adding a third drill rig to accelerate operations. The company has completed 13,000 meters of its targeted 30,000-meter drill program, with drilling expected to continue into December.
The program, supported by partners South32 and Teck Resources, targets four key zones: the East-Central Target Area, IP Embayment Zone, Northwestern Target Area, and Deep Southeast Target. Notable results include an intersection of 117 meters at 0.40% CuEq from surface within a broader interval of 638.4 meters averaging 0.22% CuEq at the IP Embayment zone.
The exploration program features extensive geophysical-geochemical surveys, with soil samples revealing up to 1,180 ppm Cu and 0.29 g/t Au. Assay results from the ongoing drilling campaign are expected to continue into 2026.