American Eagle Gold Appoints Gordon Stothart to its Board of Directors
American Eagle Gold Appoints Gordon
Stothart to its Board of Directors
Toronto, Ontario--(Newsfile Corp. - May 21, 2024) - American Eagle Gold Corp. (TSXV: AE) (OTCQB:
AMEGF) ("American Eagle" or the "Company") is pleased to announce that Gordon Stothart, former
CEO of IAMGOLD Corp. ("IAMGOLD"), has joined the Company's Board of Directors effective
immediately.
Mr. Stothart is an independent mining consultant and professional engineer whose career began as an
Engineer in Training in 1987 at the Noranda (now Glencore) Bell Copper Mine in the Babine region of
British Columbia, next door to American Eagle's NAK project.
With over 35 years of management,
operations, and technical experience in the mining industry, Gordon has managed numerous global
projects from advanced exploration to production. Mr. Stothart was instrumental in constructing both the
Antamina Mine in Peru and the Cote Gold mine in Ontario, Canada. Most recently, before becoming the
CEO of IAMGOLD, Gordon served as the Chief Operating Officer of IAMGOLD from 2007 to 2020.
"We are excited to welcome Gordon to the team as a member of our Board of Directors. His knowledge
of the Babine region, as well as his extensive experience in operations, resource development, and
capital markets will undoubtedly benefit our Company and our shareholders as we continue to advance
the NAK copper-gold porphyry project," said American Eagle Gold Chairman, Stephen Stewart.
Gordon will be replacing Alexander Stewart on the board, who will be retiring as a director of the
Company. American Eagle would like to thank Alexander for his over three years of service on the
board.
Details of NAK's 2024 Drill Program:
The 2024 drill program, scheduled to begin imminently, will integrate the Company's growing
understanding of the relationship between the emplacement of multi-phase Eocene dikes and sills with
reactive and permeable host rocks to form the extensive Nak mineralized system. The Company is
developing models for geology, mineralization, alteration, and structure for the system, which will form the
basis for its ongoing planning. The expanded 2024 drill program, currently planned for 15,000 metres,
will aim to link, better define, and expand upon the historical North and South zones, which the Company
showed in its 2022 and 2023 drill programs to extend to considerable depths (close to 950 m below
surface) along a strike length of 750 m and across a width of 400 m. Intercepts from 2023 include 900 m
of 0.50% Copper Equivalent from surface in the North zone (
Link to NAK23-12 News Release
) and 302
metres of 1.09% within 606 m of 0.74% Copper Equivalent starting from 98 metres downhole in the
South Zone (
Link to NAK23-17 News Release
).
Click Here to View the 2024 Drill Plan at NAK
Click Here to View 2024 Drill Plan Webinar Hosted by Geologists Charlie Greig and Neil Prowse
About American Eagle's NAK Project
The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has
excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and
Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and
geophysical, geological, and geochemical work at NAK, which began in the 1960's, tested only to
shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over
1.5 km x 1.5 km. Drilling completed in 2022 and 2023 by American Eagle has returned significant
intervals of high-grade copper-gold mineralization that lie beyond the extent of historical drilling,
indicating that several zones of near-surface and deeper mineralization, locally with considerably higher
grades, exist within the broader NAK property mineralizing system.
For the latest videos from American Eagle, Ore Group, and all things mining, subscribe to our YouTube
Channel:
youtube.com/@theoregroup
About American Eagle Gold Corp.
American Eagle is focused on exploring its NAK copper-gold porphyry project in west-central British
Columbia, Canada.
Anthony Moreau, Chief Executive Officer
416.644.1567
www.americaneaglegold.ca
Q.P. Statement
Mark Bradley, B.Sc., M.Sc., P.Geo., a Certified Professional Geologist and 'qualified person' for the
purposes of Canada's National Instrument 43-101 Standards of Disclosure for Mineral Properties, has
verified and approved the information contained in this news release.
Forward-Looking Statements
Certain information in this press release may contain forward-looking statements. Forward-looking
statements in this press release include, but are not limited to, statements regarding whether the
Company will be able to complete the Offering as anticipated, the receipt of regulatory approval,
including the approval of the TSX Venture Exchange, to complete the Offering, the intended use of
proceeds and intended drill program or its anticipated results at the Company's NAK project, the ability
of the Company to make the qualifying expenditures as anticipated by management, and other matters
ancillary or incidental to the foregoing. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ
materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no
obligation to update the forward-looking statements or to update the reasons why actual results could
differ from those reflected in the forward looking-statements unless and until required by securities laws
applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is
contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are
available under American Eagle Gold Corp. profile at
www.sedarplus.ca
.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/209886