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Dr. Steve Garwin Provides Independent Review of American Eagle's NAK Project

Corporate Updates

Dr. Steve Garwin Provides Independent Review

of American Eagle's NAK Project

Toronto, Ontario--(Newsfile Corp. - May 13, 2025) - American Eagle Gold Corp. (TSXV: AE) (OTCQB:

AMEGF) ("American Eagle" or the "Company") is pleased to share an independent review of its 100%-

owned NAK copper-gold porphyry project ("NAK") in British Columbia.

Watch Video Review by Dr. Steve Garwin

View Presentation by Dr. Steve Garwin

About Dr. Steve Garwin

Dr. Steve Garwin has more than 36 years of experience as an exploration geologist with large and small

mining companies. He is an independent consultant, one of the world's most renown porphyry experts

and participated in the gold and copper projects of more than 55 clients in over 25 countries.

30,000 Metres of Drilling on NAK to Begin Imminently

American Eagle's 2025 fully funded 30,000-metre drill campaign is set to begin in the second half of

May, with mobilization to site scheduled in less than two weeks. Backed by strategic investments from

Teck Resources and South32, this year's program will surpass the total metres drilled by the Company

over the past three years combined. It will also rank among the most extensive single-season drill

campaigns ever undertaken in British Columbia's Babine region, reflecting the growing scale and

momentum behind NAK.

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.

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Chanel:

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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 $37 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

[email protected]

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/251859