American Eagle Intersects Series of Strong Holes Including 77 m of 1.78% CuEq; South Zone Expansion Confirms Continuity from Surface to Depth
American Eagle Intersects Series of Strong
Holes Including 77 m of 1.78% CuEq; South
Zone Expansion Confirms Continuity from
Surface to Depth
Toronto, Ontario--(Newsfile Corp. - October 7, 2025) - American Eagle Gold Corp. (TSXV: AE)
("American Eagle" or the "Company") is pleased to report a series of broad high-grade intercepts in
drilling, including the highest-grade intercepts to date at the NAK copper-gold porphyry project in British
Columbia.
Highlights:
Record Intersections
: Hole NAK25-48 intersected 77 m of 1.78% Copper Equivalent ("CuEq")
within 140 m of 1.23% CuEq, all within 813 m of 0.41% CuEq from surface. Copper alone in the 77
m interval graded 1.21%.
Near-Surface Mineralization
: Hole NAK25-49 intersected 115 m of 0.93% CuEq within 454 m of
0.45% CuEq from Surface.
High-Grade Continuity
: Holes NAK25-46, together with NAK-48 and -49, confirmed continuity of
high-grade mineralization at depth, intersecting 482 m of 0.51% CuEq and bottoming in 96 m of
0.9% CuEq, 100-300 m directly below the best mineralization in hole NAK25-49, and 100-150 m
west of that seen in NAK25-48.
South Zone Expanded
: The recent drilling extends the zone 200 m south, at least 250 m east,
and over 800 m deep, and it remains open for expansion.
South Zone Significance
Drilling earlier this season has greatly expanded the South Zone, primarily to the south and west, with
additional drilling expanding it still farther south, as well as to the east.
The broad high-grade intercept in drill hole NAK25-46, which is located 170 metres east of hole NAK25-
41, adds breadth and depth to the high-grade and moderate-depth mineralization intersected in both that
hole and in holes to the north such as NAK23-08, -10, -11, -17 and NAK24-31.
With the improved
continuity recently established between the mineralization in those holes and the near surface high-grade
mineralization in the historical South Zone by drill hole NAK25-42, this greatly increases the extent of
mineralization in the greater South Zone area.
NAK25-48, drilled in response to the visually compelling
mineralization encountered in NAK25-46 and NAK25-44, further expands this new high-grade sub-zone
to depth and to the east, with the strongest copper grades yet encountered on the NAK property.
NAK25-46 and NAK25-48, along with recently assayed hole NAK25-41 (
see News Release, July 23,
2025
) clearly reinforces the zone's strong potential.
Together, NAK25-46 and -48 extend higher-grade
mineralization approximately 200 meters farther south and the higher-grade mineralized intercept from
NAK25-41 almost 250 meters farther east, where it remains open along an emerging east-west trend.
Mineralization occurs within both stratified (largely sedimentary), and well-mineralized intrusive units, with
grade closely linked to widespread porphyry-style quartz-chalcopyrite ± bornite veining, associated
disseminated chalcopyrite and local bornite and molybdenite, and locally overprinted by late epithermal-
style veining.
"The latest drill results at NAK underscore the exceptional potential of this large-scale copper-gold
system," said Anthony Moreau, CEO. "High-grade mineralization extends to depth and shows an
emerging continuity with surface zones, confirming the value of our discovery. We remain focused on
advancing this promising asset to unlock its full potential for our shareholders."
Multimedia Pertaining to News Release:
View Video of AE Team Discussing Results
View Plan Map of South Zone Drill Holes
View High Grade Target Zone
View 3D Model of Projected South Zone High Grade Envelope
View Plan Map of all NAK 2025 Drill Holes
View Core Photos for NAK25-44, -46, -48, -49
NAK25-48 Assay Results* (Table 1):
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-48
712
789
77
1.21
0.3
13
345
1.78
within
NAK25-48
684
824
140
0.81
0.23
7.7
259
1.23
within
NAK25-48
439
824
385
0.4
0.14
3.1
130
0.62
within
NAK25-48
10
824
814
0.25
0.12
1.7
93
0.41
Including
NAK25-48
10
162
152
0.17
0.18
0.7
18
0.33
Cross Section, NAK25-48
NAK25-49 Assay Results* (Table 2):
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-49
319
434
115
0.39%
0.24
1.3
519
0.93%
within
NAK25-49
212
467
255
0.32%
0.18
1.2
356
0.70%
within
NAK25-49
13
467
454
0.21%
0.11
0.9
220
0.45%
Cross Section, NAK25-49
NAK25-46 Assay Results* (Table 3):
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-46
781
877
97
0.58
0.28
3.7
115
0.89
within
NAK25-46
719
877
158
0.42
0.2
2.5
102
0.66
within
NAK25-46
395
877
482
0.28
0.21
1.4
96
0.51
within
NAK25-46
33
877
844
0.2
0.14
0.9
78
0.35
Cross Section, NAK25-46
NAK25-44 Assay Results* (Table 4):
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-44
32
74
42
0.24
0.065
0.897
52.65
0.33
Within
NAK25-44
32
815
783
0.11
0.047
0.722
22.1
0.17
Cross Section, NAK25-44
*
Copper Equivalent (CuEq) shown in Tables for drill intercepts are calculated on the basis of US$ 3.75/lb for Cu, US$ 1,900/oz for Au, US$ 25/oz
for Ag and US$ 25/lb for Mo, with 80% metallurgical recoveries assumed for all metals (since it's unclear what metals will be the principal
products, assuming different recoveries is premature at this stage). The formula is: CuEq. = Cu % + (Au grade in g/t
x (Au recovery / Cu recovery)
x [Au price ÷ 31] / [Cu price x 2200]) + (Ag grade in g/t x
(Ag recovery / Cu recovery) x [Ag price ÷ 31] / [Cu price x 2200] + (Mo grade in %
x (Mo
recovery / Cu recovery) x [Mo price x 2200] / [Cu price x 2200]). The assays have not been capped.
Collar Details for Released Holes (table 5):
Hole
UTM_Grid
UTM_East
UTM_North
Azimuth
Dip
TD
NAK25-44
NAD83_Z9
675455
6129297
210
-60
815
NAK25-46
NAD83_Z9
675455
6129297
260
-60
876
NAK25-48
NAD83_Z9
675509
6129440
210
-60
860
NAK25-49
NAD83_Z9
675290
6129139
270
-60
467
Geological Description for NAK25-48:
NAK25-48 was drilled to the southwest from the same collar as NAK24-36.
It was drilled on roughly the
same azimuth as NAK25-44 but farther to the northeast, forming a 2-hole "drill fence'. The intent with the
hole was to essentially deepen the mineralization seen in NAK25-44, as well as to test the possible
eastward extension of South Zone mineralization, which was confirmed via the strong near-surface
intercept near the top-of-hole.
The hole was collared into strongly magnetite-chlorite altered fine-grained sedimentary rocks hosting a
moderately dense stockwork of carbonate-pyrite veins, with pyrite transitioning to chalcopyrite below 30
m.
Farther downhole, a sparsely feldspar porphyritic quartz monzonite dike hosts chalcopyrite- and
pyrite-replaced mafic minerals and finely disseminated chalcopyrite also occurs in the host rocks. Below
about 150 m, sandstone is intruded by magnetite-biotite altered monzodiorite, and the host sedimentary
rocks host local disseminated chalcopyrite. Mineralization generally decreased downhole to a depth of
approximately 400 m, where a broad, pale-coloured white mica- and clay-altered dike hosts a narrow
zone of finely disseminated bornite (+/-tetrahedrite). Below the dike, magnetite-biotite altered
conglomerate with increased magnetic susceptibility coincide with an increase in vein- and fracture-
controlled chalcopyrite mineralization, as well as disseminations in both matrix and clasts of the
conglomerate.
Veining includes carbonate and/or anhydrite with chalcopyrite, molybdenite, and bornite and also less
common quartz-carbonate veins containing blocky patches of chalcopyrite and local molybdenite, while
below a depth of 650 m, across the transition between the conglomerate and the upper part of the lower
fine-grained sedimentary sequence, local zones of carbonate chalcopyrite (+/- bornite) stringer veinlets,
along with increased disseminated chalcopyrite (+/- trace bornite) yield higher copper and gold values.
Still farther downhole, below 725 m, narrow mineralized intercepts of diorite contain disseminated
chalcopyrite and trace bornite within thin-bedded very fine-grained sedimentary rocks which also host
sparse carbonate chalcopyrite +/- bornite veins, along with fine-grained disseminated chalcopyrite and
rare bornite. In addition, local dcm-scale zones of veining characterized by the presence of subparallel
chalcopyrite-rich fracture fillings and veinlets, along with subordinate and locally subequal quantities of
bornite and lesser tetrahedrite occur.
Strong mineralization continues downhole, with fine-grained sedimentary rocks intruded by a well
mineralized, fine-grained intermediate to mafic dyke that hosts locally heavy disseminated mineralization
and an approximately two cm thick bornite-chalcocite vein. Mineralization in the host sedimentary rocks
may vary and includes iron carbonate and/or anhydrite veins with chalcopyrite, hematite, and specularite
+/- pyrite, bornite and chalcocite, along with dense zones of fine- to medium-grained disseminated
chalcopyrite (with rare bornite), and discontinuous zones of chalcopyrite-bearing "crackle breccia."
Downhole of the very well-mineralized zone, the lower fine-grained sedimentary rocks initially hosted
densely disseminated chalcopyrite and magnetite, and the grade reflects this, as does visual estimates
of 1-3% disseminated and fracture-hosted chalcopyrite. These occur along with common iron carbonate-
quartz veins containing hematite, chalcopyrite, and bornite, and magnetite- and specularite-bearing
veins ranging between 0.2 cm and 6 cm in thickness. Magnetite-bearing veinlets also occur locally with
bornite.
The deep mineralization within NAK25-48 represents some of the strongest grades drilled to date on the
NAK project, and remains open, with follow-up drilling underway.
Geological Description for NAK25-49:
NAK25-49 was collared approximately 100 m south of NAK25-41 and was designed drill westerly to test
the continuity of the strong mineralization encountered in that hole to the south.
It confirmeed that
continuity and showed that strong mineralization encountered deep in drill holes NAK25-46 and -48
continues closer to surface.
The hole collared in white mica- and clay-altered seriate texture dike hosting disseminated chalcopyrite
and intruding generally fine-grained sedimentary and local probable felsic or more quartz-rich
sedimentary rocks that are also cut by narrow dykes of variable alteration and generally intermediate
composition. All rock units are cut by quartz-tourmaline-carbonate-chalcopyrite veining. The fine-grained
host rocks transition at a downhole depth of less than 200 m to conglomerate, where mineralization
increases sharply, with the increase in grade coinciding with an increase in the density of chalcopyrite-
bearing fractures, and with the appearance of patchy matrix- and/or clast-hosted disseminated
chalcopyrite.
Still farther downhole, a particularly well-mineralized interval of veined and "crackle-brecciated" rocks
host coarse aggregates of chalcopyrite as well as local massive chalcopyrite in a matrix dominated by
finely crystalline tourmaline.
The hole also traversed several strongly altered (hornblende) biotite
plagioclase feldspar porphyritic dikes, including one of approximately 20 m thickness. Below that
intrusion, the conglomerate is cut by cm-scale iron-carbonate anhydrite quartz veins containing blocky 1-
10 mm aggregates of chalcopyrite +/- finer-grained molybdenite, along with common fractures hosting
chalcopyrite. Mineralization continued in good grade until the end of the hole at 467 m, with the hole
terminated due to northward deviation toward the trace of NAK25-41.
Geological Description for NAK25-46:
NAK25-46 was designed as a "fence hole" drilling westerly and roughly paralleling holes NAK25-41 and
NAK23-15, which were collared approximately 160 and 260 m to the west, respectively.
The drill hole
collared in a dark-coloured magnetite-biotite(?) altered porphyritic dike and continued downhole through
similarly altered dikes and their generally fine-grained host sedimentary rocks, with associated
mineralization in this upper 150 m of the hole consisting of chalcopyrite on fractures and in local quartz
veins.
Following a more weakly-mineralized interval between 150 and 350 meters, relatively abundant
mm-scale stringer veins of chalcopyrite cut both the dark coloured altered porphyritic intrusive rocks and
similarly altered conglomerate and sandstone which host abundant disseminated and local clast
replacement chalcopyrite. By a down-hole depth of 450 m, the host conglomerate is even more well-
mineralized, with chalcopyrite and lesser bornite disseminated throughout, and local zones of close-
spaced bornite-anhydrite veining.
The mineralization occurs in a style reminiscent to that in NAK25-41
and bears a similar association with the dark magnetite-altered dikes.
Below an approximate depth of 600 m, fine-grained sedimentary rocks underlying the conglomerate are
densely mineralized with disseminated chalcopyrite, although pyrite and pyrrhotite also occur locally. The
sedimentary rocks are intruded in places by fine-grained diorite dikes, and these also host local densely
disseminated chalcopyrite, along with sporadic quartz-carbonate veins that contain both chalcopyrite
and bornite.
Still farther downhole, narrow fine-grained diorite dikes intrude local beds of coarse-grained
sandstone that may be saturated in places with disseminated chalcopyrite and lesser pyrite. This style of
mineralization varies in intensity, with higher-grade intervals reflecting zones of the most heavily
disseminated chalcopyrite and the presence of thicker quartz-carbonate-chalcopyrite veins, or veins of
bornite (±chalcocite) that occur along with strongly disseminated chalcopyrite and local bornite.
In addition, near the bottom of the hole, a darker-coloured crowded feldspar porphyritic intrusion hosts an
approximately five metres of cm- to almost decimeter-thick epithermal(?)-style veins which carry both
chalcopyrite and bornite. Peripheral to that zone, narrower chalcopyrite- and bornite-bearing veins and
veinlets are also present, and at the end of the drillhole, fine-grained sedimentary rocks contain local
dense disseminations of chalcopyrite ± bornite.
Geological Description for NAK25-44:
NAK25-44 was collared at the same location as NAK25-46 and drilled south-southwest toward a largely
untested area.
As with NAK25-46, moderately-strong mineralization near surface was spatially
associated with two general types of dikes, a dark, strongly magnetic variety with hornblende and
plagioclase phenocrysts that bears similarities to the common dark and magnetite-rich porphyry dikes
encountered at depth within the 'Main Zone' to the west of the historical Babine porphyry stock and paler-
coloured dikes, possibly equivalent to the generally northerly trending and variably-mineralized porphyry
dikes characterized by seriate textures that occur more commonly in the North Zone.
Downhole of this, and down to a depth of approximately 550 m, lower grade but consistently mineralized
sandstone and conglomerate are encountered.
They host local zones of attractive replacement-style
chalcopyrite mineralization and are variably altered, with dark, magnetite-rich intervals, as are noted to
occur through much of NAK25-46, and they also host disseminated chalcopyrite. From 550 m to the end
of the drill hole, very local zones of densely disseminated chalcopyrite and local veins containing
chalcopyrite occur within the host rocks; these generally carry an increasing relative abundance of pyrite
with depth.
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 2 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 16,500 metres drilled across 26 holes out of the planned 30,000-metre
drill program. Three drills are actively operating, including one helicopter-supported hole, and 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 benefits from over $36 million in cash, bolstered by two strategic
investors formed in the past two years with 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/269424