American Eagle Reports Breakthrough Drilling at NAK, Encountering Continuous Mineralization over Previously Untested 1.7 km Trend, Including 901 m of 0.43% CuEq from Surface
American Eagle Reports Breakthrough Drilling
at NAK, Encountering Continuous
Mineralization over Previously Untested 1.7
km Trend, Including 901 m of 0.43% CuEq from
Surface
Highlights:
A broad zone of mineralization intersected within rocks of the Babine porphyry stock,
previously interpreted to be barren; NAK mineralized system has significantly expanded.
Prospective footprint effectively quadrupled, with porphyry Cu-Au-Mo mineralization now
demonstrated throughout a large volume of the Babine porphyry stock.
NAK25-70: 901 m of 0.43% CuEq from surface, including 521 m of 0.58% CuEq,
confirming strong grades over exceptional widths within the Babine porphyry stock.
Continuous mineralization now defined over ~1.7 km (E-W) by ~1.5 km (N-S), open
laterally and to depth (>700 m).
South Zone remains the centre for near-surface higher-grade mineralization, that is
surrounded by a much larger, mineralized envelope with strong indications of continuity
around both the margins of, and within, the bounds of the currently delineated Babine
porphyry stock.
Toronto, Ontario--(Newsfile Corp. - February 25, 2026) - American Eagle Gold Corp. (TSXV: AE)
(OTCQB: AMEGF) ("American Eagle" or the "Company") reports breakthrough drilling at its 100%-
owned NAK Project that materially expands the scale and continuity of porphyry stock-hosted Cu-Au
mineralization.
Scale and Exploration Implications
The results confirm copper-gold porphyry mineralization across a broad area of the Babine porphyry
stock, rock that was previously thought to be an unlikely host for mineralization. This effectively
quadruples NAK's prospective footprint by showing mineralization along the full 1.7 km trend tested east
of the Main Zone drilling. Confirmed mineralization now spans approximately 1.7 km east-west by 1.5 km
north-south. Importantly, drilling has not yet defined a boundary to the mineralization, and the system
remains open to the north, east, south, and to depth.
Grades encountered within the Babine stock are broadly consistent with those observed in the South
and North Zones. Copper mineralization is commonly present over long intercepts, reflecting a robust
and laterally extensive hydrothermal system.
With mineralization now recognized across a very large footprint, American Eagle emphasizes that the
South Zone represents the current centre of gravity for higher-grade mineralization, providing a focused
and scalable pathway for near-term advancement. Drilling within the South Zone has already
demonstrated sufficient continuity, thickness, and grade distribution to support a disciplined, systematic
approach toward future resource delineation.
This new geological context de-risks the exploration thesis at NAK: near-term efforts remain focused on
advancing the South Zone, while the expanding stock-hosted mineralization establishes district-scale
upside and long-term growth potential well beyond the currently defined drilling focus.
While no mineral resource has yet been defined and it remains too early to determine the complete
economic parameters, the lateral and vertical extent of mineralization demonstrated to date places NAK
within the size envelope of large, long-life porphyry copper systems globally. The confirmation of
pervasive mineralization throughout a large volume of the Babine porphyry stock compels a material shift
in the broader targeting strategy and significantly expands the scale of the exploration opportunity.
"These results fundamentally change how we view NAK," said Anthony Moreau, CEO of American Eagle
Gold. "What was previously interpreted as barren Babine stock has now demonstrated continuous
copper-gold mineralization from surface over very large distances. With mineralization confirmed across
approximately 1.7 kilometres east-west and 1.5 kilometres north-south and is still open. The potential
scale of this system has expanded dramatically. While we remain at the exploration stage, the
dimensions and consistency we're seeing are characteristic of large porphyry systems and provide a
clear technical foundation for aggressive, systematic follow-up drilling."
View NAK Model Incorporating February 25 Results
View Plan Map of Reported Holes
View Section Map of Reported Holes
Watch Video Discussing February 25 Results
Headline Hole: NAK25-70
NAK25-70 was a breakthrough hole for the NAK project, conclusively demonstrating that the Babine
porphyry stock has the potential to host not only broad stretches of consistent grade but also wide
subintervals of very strong mineralization, with grade and tenor typical of what is encountered within the
Main Zone.
NAK25-70 was drilled ~ 400 m east of the North Zone drill trend, oriented at a shallow
inclination to the west, collaring into Babine porphyry stock rock.
Babine porphyry stock remained the
dominant lithology, interrupted by several notable bornite mineralized monzonitic dykes, to a depth of
620 m, where conglomerate and sandstone predominated to end of hole.
Mineralization in hole 70 was
strong from surface to end of hole, comprising chalcopyrite and bornite veins and stringers, and local
zones of dense disseminations within the intrusive rocks of the Babine porphyry stock.
Mineralization
within the conglomerate was also strong, typical of the replacement style mineralization that
characterizes much of the currently defined Main Zone. As the northern and easternmost hole in the
below outlined Central Stock Zone, together with the below described 59 zone, NAK25-70 is proof of
concept that excellent prospectivity remains throughout the largely untested Babine porphyry stock,
supported by the consistent mineralization from numerous other holes in this release over an
exceptionally large area.
59 Zone Drilling
NAK25-59, the first helicopter supported drill hole during the 2025 season, encountered broad
disseminated and vein/stringer hosted chalcopyrite mineralization from surface (7 m below till), to a
depth of 697 m, resulting in a remarkably consistent composite of 690 m of 0.22 % CuEq.
Strategic
follow up was planned to gain a better understanding on the geometry of the observed multi-phase
dyking and host mineralized sedimentary rock that geologically characterize this new "59 Zone."
Five
additional holes were drilled to follow up NAK25-59, four within a ~ 200 m step-out radius, and one,
NAK25-61, which was a significant, 500 m step-out to the southeast. The central 59 Zone holes were
collared within intensely magnetite-biotite altered sedimentary rocks, intruded by early-stage dioritic
dyking, transitioning to texturally variable porphyritic rocks of the Babine porphyry Stock. NAK25-61 was
observed to comprise entirely intrusive rocks of the Babine porphyry stock, indicating a broad
distribution of intrusive phases, all variably hosting disseminated and vein hosted mineralization, over the
1.7 km long drill trend.
Grade and consistency of mineralization is observed to gradually increase
towards the west, with NAK25-82 returning the strongest results, indicating continuity with the Central
Stock zone described below.
Central Stock Zone Drilling
Drilling in the central stock zone was focused on testing within the Babine Porphyry Stock, to the east of
NAK25-53, which returned over 900 m of 0.30 % CuEq (See News release dated December 1, 2025),
with the aim of demonstrating continuity between the Main Zone and the stock-hosted mineralization
encountered in the 59 Zone. All holes encountered broad intervals of continuous vein-hosted and locally
disseminated chalcopyrite and bornite mineralization within rocks of the Babine Porphyry Stock, as well
as several notable narrow intercepts of mineralized later-stage monzonitic dyking with chalcopyrite and
bornite hosted in miarolitic cavities. Holes NAK25-63, 66, and 81 were oriented steeply inclined to the
west, to efficiently test from surface to depth. NAK25-70 was collared at the approximate midway point
between the North Zone drilling and the 59 Zone and oriented shallowly to the west.
This hole was
notable for intersecting strongly mineralized Babine Porphyry Stock rocks from surface and transitioning
to mineralized conglomerate at approximately 620 m depth as it traversed through the North Zone drilling
trend. The shallow, westerly orientation is notable in this zone for its much more favourable orientation
with respect to the major veining trends identified in the 2025 core orientation program, and
compliments holes NAK25-56, and NAK25-60 which both intersected consistently higher grade than
predicted by the nearby holes that drilled at vertical or easterly orientations.
A single additional hole in this release, NAK25-74, was drilled 300 m north of the Main Zone trend,
drilling shallowly to the southwest. This hole encountered variably mineralized sedimentary rocks and
common dioritic to monzonitic dyking, with a central core traversing 150 m north of the previously drilled
zone, returning 313 m of 0.26 % CuEq.
Together the 59 zone and central stock zone combine to form a continually mineralized trend over 1.7 km
in east-west strike length, with a virtually untested central stock footprint extending over a strike length of
1.5 km in the north-south dimension. These results present the opportunity for a significant shift in
exploration strategy, which to date has focused on the known well-mineralized sedimentary units
marginal to the Babine Stock. Marked similarities in geology, alteration, and habit of mineralization to
drilling in the Main Zone indicates strong potential for additional high-grade zones to be discovered
within the now high-confidence broad mineralization halo central to the NAK property. Drilling by the
company now shows more consistent and significantly higher-grade mineralization than indicated by the
very sparse, shallow testing historical drilling, and systematic follow up will be a main focus of the 2026
drill program.
Central Stock Zone Assay Results
NAK25-70 Assay Results (Table 1) and Details
*
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-70
9
910
901
0.21
0.14
1.5
67
0.43
Including
NAK25-70
254
775
521
0.29
0.19
2.0
66
0.58
Including
NAK25-70
254
380
126
0.44
0.22
3.2
45
0.76
And including
NAK25-70
505
626
121
0.36
0.17
2.6
73
0.63
And including
NAK25-70
674
775
101
0.30
0.35
1.6
91
0.77
View Cross Section
*
Copper Equivalent (CuEq) shown in Tables for drill intercepts are calculated on the basis of US$ 4.50/lb for Cu, US$ 3,375/oz for Au, US$ 60/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 x 1%]) + (Ag grade in g/t x
(Ag recovery / Cu recovery) x [Ag price ÷ 31] / [Cu price x 2200 x 1%] + (Mo grade in
%
x (Mo recovery / Cu recovery) x [Mo price] / [Cu price]). The assays have not been capped. The reported intervals represent drill intercepts, and
insufficient data are available at this time to state the true thickness of the mineralized intervals.
NAK25-63 Assay Results (Table 2) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-63
164
323
159
0.19
0.10
1.0
31
0.34
Within
NAK25-63
98
377
279
0.16
0.09
1.1
25
0.30
Within
NAK25-63
14
377
363
0.14
0.09
0.9
33
0.28
Within
NAK25-63
14
755
741
0.10
0.07
0.7
26
0.21
View Cross Section
NAK25-66 Assay Results (Table 3) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-66
147
546
399
0.14
0.06
0.7
21
0.23
Within
NAK25-66
14
686
672
0.11
0.06
0.7
29
0.20
View Cross Section
NAK25-81 Assay Results (Table 4) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-81
655
824
169
0.22
0.17
1.7
93
0.49
Within
NAK25-81
395
824
429
0.17
0.11
1.1
50
0.33
Within
NAK25-81
42
824
782
0.13
0.08
0.9
61
0.28
View Cross Section
NAK25-74 Assay Results (Table 5) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-74
198
512
314
0.17
0.06
1.2
19
0.26
View Cross Section
59 Zone Assay Results
NAK25-59 Assay Results (Table 6) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-59
332
560
228
0.18
0.07
0.8
47
0.30
Within
NAK25-59
116
560
444
0.14
0.07
0.6
41
0.26
WIthin
NAK25-59
7
697
690
0.12
0.06
0.5
34
0.22
View Cross Section
NAK25-61 Assay Results (Table 7) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-61
115
304
189
0.10
0.08
0.5
25
0.22
Within
NAK25-61
11
454
443
0.08
0.07
0.4
27
0.18
View Cross Section
NAK25-64 Assay Results (Table 8) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-64
8
425
417
0.07
0.06
0.3
38
0.16
View Cross Section
NAK25-67 Assay Results (Table 9) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-67
212
315
103
0.11
0.11
0.4
52
0.27
And
NAK25-67
456
733
277
0.10
0.04
0.4
43
0.17
Within
NAK25-67
4
790
786
0.08
0.04
0.4
31
0.15
View Cross Section
NAK25-76 Assay Results (Table 10) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-76
470
659
189
0.17
0.06
0.7
55
0.29
Within
NAK25-76
284
782
498
0.13
0.05
0.5
43
0.22
Within
NAK25-76
101
837
736
0.11
0.05
0.5
33
0.20
View Cross Section
NAK25-82 Assay Results (Table 11) and Details
Hole
From (m)
To (m)
Length (m)
Cu %
Au g/t
Ag g/t
Mo ppm
CuEq %
NAK25-82
350
576
226
0.17
0.07
0.7
45
0.29
Within
NAK25-82
14
576
562
0.14
0.06
0.6
31
0.24
View Cross Section
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Collar details for holes in this release (Table 12):
Hole
UTM_Grid
UTM_East
UTM_North
Azimuth
Inclination
TD (m)
NAK25-59
NAD83_Z9
676270
6130163
265
-45
697
NAK25-61
NAD83_Z9
676633
6129768
270
-50
454
NAK25-63
NAD83_Z9
675684
6129812
265
-76
755
NAK25-64
NAD83_Z9
676270
6130163
185
-55
657
NAK25-66
NAD83_Z9
675572
6129902
265
-80
686
NAK25-67
NAD83_Z9
676270
6130163
250
-75
790
NAK25-70
NAD83_Z9
675680
6129957
260
-54
910
NAK25-74
NAD83_Z9
675400
6130550
225
-50
750
NAK25-76
NAD83_Z9
676251
6130316
240
-55
837
NAK25-81
NAD83_Z9
675409
6130029
275
-80
824
NAK25-82
NAD83_Z9
676021
6130133
270
-55
576
QA/QC, Sampling Protocol and Disclosure
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.
The Company cautions that this conceptual scale discussion is exploration-stage in nature and should
not be interpreted as an estimate of mineral resources or reserves. Continued systematic drilling is
required to define geometry, grade continuity, and ultimately support any future mineral resource
estimation.
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. American Eagle
Gold completed an aggressive 31,500 metre drill program in 2025 designed to expand and improve the
mineral footprint; assays are currently being received.
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 $25 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/285231