American Eagle Gold drills 802 metres of 0.71% CuEq at Nak Project, British Columbia

American Eagle Gold Corp. [TSXV: AE] released one of the strongest drill results to date at its 100%-owned Nak Project, central British Columbia, highlighting a very wide, near-surface, high-grade interval that demonstrates continuous mineralization from surface to depth and materially expands the scale and coherence of the South zone.

Drill hole NAK25-78 intersected 802 metres of 0.71% copper equivalent (CuEq) from surface, including 375 metres of 1.01% CuEq beginning 211 metres downhole, confirming a broad, high-grade mineralized system with strong continuity across previously untested areas. The results increase the overall size of the South zone and successfully connect multiple high-grade discoveries made earlier in the 2025 drill season while demonstrating a significant expansion of the known highest-grade part of the system.

Highlights of NAK25-78: 802 metres of 0.71% CuEq from surface, including 375 metres of 1.01% CuEq, beginning 211 metres downhole and within 645 metres of 0.82% CuEq. This demonstrates continuous, high-grade mineralization from surface to depth with minimal internal dilution and expands and links the highest-grade parts of the South zone through previously untested gaps between drill fences.

With these results, the South Zone now extends approximately 700 metres east-west, 500 metres north-south and over 800 metres vertically.

Drill hole NAK25-78 was designed to test the continuity and growth of its current northwesterly limits, along with the width and vertical extent of high-grade mineralization within the South zone. The hole was collared approximately 125 metres north of the highest-grade mineralization encountered in NAK23-17, drilled at a shallower angle toward the southeast.

NAK25-78 traversed across the South zone and demonstrates that high-grade mineralization extends from near surface to depth. The results confirm broad, continuous mineralization and expand the South zone both to the northwest and southeast. Importantly, this hole provides critical geological information, significantly improving the company’s understanding of the South zone geometry, which now appears to host a significant high-grade core with mineralization extending in multiple directions.

Hole NAK25-78 was planned in conjunction with NAK25-80, which aimed to demonstrate continuity from the gold-rich, near-surface mineralization delineated 450 m to the east of NAK25-78, with the now-better-defined, deeper, high-grade zone to the west. Holes NAK26-78 and NAK26-80 will provide additional confidence in modelling the high-grade mineralization geometry and better inform the company’s understanding of the various mineralization phases that comprise the broader South zone. The results from hole NAK25-80 will inform the design of an aggressive follow-up drill program and advance the South zone toward an initial resource assessment. The company believes the South zone could represent an initial area of development, with the potential to support the advancement of the broader, large-scale mineralized system.

The South zone is characterized by strong grades, shallow mineralization and minimal overburden, making it a logical focus for continued step-out and infill drilling. This area has the potential to support early-stage development scenarios while providing optionality for bulk-mining approaches in adjacent, yet-to-be-defined zones across the Nak Project.

With these latest results, the South zone’s dimensions extend over 700 m in the east-west direction, 500 m in the north-south direction and over 800 m in depth, with the system’s bounds still unknown. The holes drilled in the 2025 season have contributed to a high-confidence, substantial increase in the zone compared with previous drilling seasons.

Strong potential for expansion remains, specifically along the southern margin of the Babine porphyry stock, where the company has completed additional widely spaced stepout drilling, within a one-kilometre trend of open, highly prospective ground, extending eastward from the currently modelled bounds of the zone.

“These results should significantly improve investor understanding of the scale, continuity and significance of the South zone. The strength and consistency of mineralization observed to date reinforces our view that the South zone represents a high-grade core within a much larger project,” said Anthony Moreau, CEO.

NAK25-78 was drilled at a moderate inclination to the southeast, from the same collar as NAK24-18, and approximately 125 metres north of the strongest previously encountered mineralization at the South zone. NAK25-78 collared into a package of interbedded sandstone, siltstone and conglomerate to a depth of 211 metres, encountering sporadic copper/gold mineralization taking the form of local zones of dense chalcopyrite veining and enveloping disseminations.

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 1960s, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km by 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.

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.