American Eagle Identifies New Mineralized Zone; Intersects 911 m of 0.3% CuEq from Surface
American Eagle Identifies New Mineralized
Zone; Intersects 911 m of 0.3% CuEq from
Surface
Toronto, Ontario--(Newsfile Corp. - December 1, 2025) - American Eagle Gold Corp.
(TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce a series
of broad copper-gold mineralized intercepts from drill holes collared within the Babine Porphyry Stock
("BPS"), east of the Company's primary drilling focus at the NAK property ("NAK"). These results outline
a new mineralized zone in an underexplored part of the property, an area previously regarded as largely
unmineralized and point to a meaningful opportunity to expand the project's overall footprint.
Highlighted by an intersection in the BPS, there is over 900 meters of continuous copper and gold
mineralization starting from surface. Our view of the BPS has evolved significantly, not only based on
these new results, but also from other visual observations, such as those in NAK25-59, referenced in the
September 25 news release
. While assays NAK25-59 are still pending, the hole exhibited clear visual
mineralization. These observations contribute to our growing understanding of the overall system,
including the BPS and other mineralized zones within NAK.
Highlights:
Strong Continuity of Grades Within the BPS:
NAK25-53 returned consistent mineralization
from top to bottom, delivering 911 m of 0.30% CuEq.
BPS Confirmed as Mineralized
: The BPS is now shown to host meaningful grades. Drill holes
NAK25-53, -56, -58, and -60 all returned strong results, and follow-up holes show similar visual and
portable pXRF copper indications. Taken together, these data suggest a substantial volume of
well-mineralized material in this newly defined area east of the historical North Zone, potentially
forming part of a continuous system.
New Zone Remains Open
: Ongoing drilling indicates that the mineralized area remains open to
the east, northeast, and southeast, supporting potential for further expansion.
Exploration Update:
Approximately 3,000 meters remain to be drilled for the Company's 30,000-
meter target for the 2025 season. The three rigs currently in operation are concentrated on
different areas of the NAK property: the historical South zone, the IP Embayment zone, and the
Babine porphyry stock. An estimated 44 holes will be drilled by the end of the 2025 season, with
29 additional holes to be assayed and released throughout 2025 and into 2026.
Results for holes drilled in the South zone will be released in the next two weeks.
See plan map of 2026 drill holes to date
"These new results highlight the growth potential and scale of the NAK system. What sets NAK apart is
not only its scale, but also the discovery of new zones of mineralization. In addition to the property's
excellent geography, proximity to infrastructure, low-lying elevation, and favorable topography, these
factors make it ideal for a bulk-tonnage project. At the same time, we continue to identify higher-grade
parts of the system that add to the near-surface high-grade intersections of the South zone, which is
becoming an expanding center of gravity," said Anothny Moreau, CEO of American Eagle Gold.
Geological Setting and Significance
The easternmost hole described in this release, NAK25-53, was drilled within the largely underexplored
Babine porphyry stock, which was previously viewed as largely unmineralized. In contrast, however,
NAK25-53, along with a long interval at the bottom of NAK25-58, and the top of NAK25-60, yielded
lengthy intervals of economic-grade mineralization, with hole NAK25-53 returning over 900 meters of
0.3% CuEq hosted almost entirely within the porphyry stock. Consequently, it has become clear that the
stock itself represents a valid exploration target for "North Zone-style" mineralization, where late and
commonly very well mineralized dykes with distinctive textures and alteration signatures cut the typical
biotite feldspar porphyry of the stock.
The geological framework of the area is complex in detail but can be summarized by a chronology
constrained by cross-cutting relationships among a number of distinct intrusions, including the Babine
porphyry stock, by associated mineralization, and by related alteration assemblages that may affect both
the intrusions and their host stratified rocks, which are largely sedimentary.
The intrusive system and related mineralization and alteration can be simplified and viewed as occurring
in three stages: Early, Middle and Late
1
.
The
Early-stage
is defined by dark-colored, magnetite-biotite altered dykes and diorite that
mineralize and alter the surrounding sedimentary rocks.
2
.
The
Middle-stage
is marked by emplacement of the Babine porphyry stock, which is younger, less
altered, and paler colored than the Early stage and dark colored biotite magnetite bearing
intrusions.
3
.
The
Late-stage
intrusions consist of Seriate Dykes ("DSE") and Copper Dykes ("DC"), typically
very pale colored, phyllically altered and commonly associated with another significant pulse of
mineralization, chiefly of chalcopyrite and bornite.
The late-stage intrusions and mineralization crosscut and affect all the earlier phases of intrusions,
mineralization and alteration, including the Babine stock and the earlier dark colored dykes. While the
geology may appear complex due to the number of intrusions, their compositional variation, and the
overprint of mineralization and alteration, understanding their relationships is critical, as porphyry
mineralizing systems are driven by the intrusions.
What our current understanding strongly suggests, is that the Babine porphyry stock acts primarily as
wall rock to the Late stage DSE-DC and the associated mineralization in the drill holes reported on in
this release. These dykes, although at times narrow, and although at times perhaps only nearby the drill
hole traces, represent the intrusive system that drives the hydrothermal solutions from which the
mineralization is deposited. What is particularly exciting about the Nak system, is that we have likely not
yet hit the better part of the Late-stage system on the property.
View Core Photos for Released Holes
NAK25-53 Assay Results (Table 1) and Details*
Hole
From
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-53
39.5
951.32
911.82
0.16
0.10
1.28
71.48
0.30
View Cross Section
NAK25-53
was collared 160 m northeast of NAK22-06 and drilled at a steep inclination to the west. It
represents the easternmost collar location for drill holes released to-date within the NAK Main zone,
which links the historical South (Stockwork) and North (Copper) zones.
Within the Main zone at NAK,
and particularly within the north end of the Main zone, the strongest mineralization to date has almost
exclusively been encountered to the west of crowded (hornblende) biotite feldspar porphyritic rocks of
the Babine porphyry stock, mainly in sandstone and conglomerate outboard of the stock, but also in early
and similarly altered dikes.
NAK25-53, in contrast, was collared into, and remained entirely within,
intensely sericite altered rocks of the stock, and in younger, cross-cutting seriate textured monzonitic
dykes (the DSE-type dykes). Mineralization consisted of common stringer style chalcopyrite-bornite-
molybdenite veining, along with local zones of disseminated chalcopyrite which replaces mafic sites
(likely biotite) in the intrusions, and locally within the Babine porphyry wallrocks.
In addition, two notable
intercepts of bornite-bearing sparsely plagioclase phyric monzonitic dykes were also encountered.
These occur deeper than 800m down hole, and they returned among the strongest grades in the hole.
The discovery of continuous, moderate to strong mineralization within the Babine porphyry stock
suggested strongly that excellent potential remains eastward from the Main zone within the largely
untested one-kilometre square region inferred by previous workers to be underlain by similar rocks. As a
result, crude fence of drill holes extending a further 300 meters eastward into that area has been drilled
and sampled, and the Company is awaiting the results of assaying.
NAK25-56 Assay Results (Table 2) and Details*
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-56
381
597.15
216.15
0.25
0.12
1.14
65.10
0.40
Within
NAK25-56
381
734
353
0.20
0.10
0.91
60.88
0.32
within
NAK25-56
29
788
759
0.13
0.07
0.61
60.64
0.23
View Cross Section
NAK25-56 was drilled 200 m to the south of NAK25-53, and inclined to the west, testing an under-drilled
area of the central part of the Main zone.
NAK25-56 collared into crowded (hornblende) biotite feldspar
porphyry of the Babine porphyry stock, which intrudes fine- to coarse-grained sandstone hosting
increased disseminated chalcopyrite.
Farther downhole, mineralization was strongest between 381 and
597 m down hole in conglomerate, consisting of veins and local clast and/or matrix replacements by
disseminated chalcopyrite and/or bornite.
Below the well-mineralized conglomerate, grades were patchy, with local zones of densely disseminated
chalcopyrite but with a generally increasing abundance pf pyrite westward and to depth.
NAK25-60 Assay Results (Table 3) and Details*
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-60
56
256
200
0.15
0.20
1.04
32.93
0.33
and
NAK25-60
405.37
542.96
137.59
0.19
0.11
0.80
69.59
0.33
within
NAK25-60
38.64
542.96
504.32
0.14
0.15
0.74
47.47
0.29
View Cross Section
NAK25-60 was collared 160 m north of NAK22-01 and was designed to test the northern extent of the
near surface gold-rich mineralization in the historical South (or Stockwork) zone.
In keeping with the
targeting strategy outlined in NAK25-56, this hole was drilled to the west and was successful in showing
continuity of moderate grade mineralization from surface down to a down-hole depth of 543 meters.
NAK25-60 collared into intrusive rocks of the Babine porphyry stock that hosted sparse quartz stockwork
veins and fracture coatings with chalcopyrite and trace bornite; these are characteristic mineralization at
the South zone.
At approximately 85 m depth, the hole crossed the contact of the porphyry stock into fine- to coarse-
grained sandstone, and from a depth of 200 meters until the end of the hole, it intersected conglomerate.
Mineralization in the sedimentary rocks was a mix of vein-hosted and disseminated chalcopyrite (+/-
bornite), with the strongest mineralization hosted in the upper 50 m of the conglomeritic unit. Like
NAK25-56, this hole improves upon the grade profile defined by the generally easterly inclined and/or
steeper drill holes drilled in previous years at this latitude, raising questions about the best orientation for
drill testing and suggesting opportunities for shallower drilling.
NAK25-58 Assay Results (Table 4) and Details*
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-58
400
643
243
0.13
0.10
0.93
53.30
0.25
within
NAK25-58
275.17
728
452.83
0.12
0.080
0.88
38.55
0.22
View Cross Section
NAK25-58 was collared from the same location as NAK25-56 and drilled to the north.
The drill hole was
designed to traverse from poorly mineralized Babine porphyry stock known to occur in the vicinity of the
collar to better mineralized stock rocks encountered to the north in NAK25-53.
Like NAK25-53, this hole
remained largely within rocks of the Babine porphyry stock, crosscut mainly by relatively narrow intervals
of seriate textured dykes, particularly in its lower reaches where the hole was better mineralized.
At a depth of 275 m, mineralization sharply increased in abundance, with irregular stringer veins and
local disseminated chalcopyrite (+/- bornite and molybdenite), with the strongest zone of mineralization
between 400 and 643 m down hole.
Collar details for holes in this release (table 5):
Hole
UTM_Grid
UTM_East
UTM_North
Azimuth
Dip
TD (m)
NAK25-53
NAD83_Z9
675422
6129919
275
-80
951
NAK25-56
NAD83_Z9
675377
6129711
265
-55
788
NAK25-58
NAD83_Z9
675375
6129717
340
-60
740
NAK25-60
NAD83_Z9
675322
6129518
270
-60
578
QA/QC and Sampling Protocol
Sampling at NAK follows a rigorous methodology and internal QA/QC protocol. Drill core is halved on
site, and samples are submitted to ALS Geochemistry in Langley, British Columbia for preparation and
analysis. ALS is accredited to the ISO/IEC 17025 standard for assays. All analytical methods include
quality control standards inserted at set frequencies. The entire sample interval is crushed and
homogenized, and 250 g of the homogenized sample is pulped. All samples were analyzed for gold,
silver, copper, molybdenum and a suite of 45 other major and trace elements. Analysis for gold is by fire
assay fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) on 30 g
of pulp. Analysis for silver, copper, and molybdenum and all other major and trace elements are analyzed
by four-acid digestion followed by Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).
Internal QA/QC protocols dictate that individual core samples are no less than 70 cm and no greater than
3 m in length. To control standard, blank, and duplicate sample frequency, and to better constrain
pass/fail re-analysis intervals, samples are submitted to the lab in 50 sample batches. Within each 50-
sample batch, there is one gold-copper standard and two coarse reject duplicates, inserted at regular
intervals, and two blank samples, inserted sequentially following well-mineralized samples where
possible, for a total of 10% QA/QC samples. All gold and copper standard analyses from the 2024
program passed within 3 standard deviations of expected values. Where duplicate values differed
significantly, the lower values from the resulting re-analyses were used.
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 by American Eagle in 2022, 2023, and 2024 returned significant
intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the
historical drilling, indicating that zones of near-surface and deeper mineralization, locally with
considerably higher grades, exist within the broader NAK property mineralizing system.
Drilling is
currently in progress, with over 28,000 metres drilled across 40 holes out of the planned 30,000-metre
drill program. Three drills are actively operating, including one helicopter-supported hole, and drilling is
expected to continue into December.
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 dedicated to advancing its NAK copper-gold porphyry project in west-central British
Columbia, Canada. The Company has benefited from investments in the past two years of over $36
million by Teck Resources and South32. With substantial financial and technical resources, American
Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold
porphyry project.
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 independent '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: including statements relating to the use of
proceeds of the Offering, the tax treatment of the Charity FT Shares, the receipt of all necessary
regulatory approvals in connection with the Offering, the 2025 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/276395