American Eagle Intersects Series of Strong Holes Including 77 m of 1.78% CuEq; South Zone Expansion Confirms Continuity from Surface to Depth

Executive Summary

• American Eagle Gold Corp. announced a series of high‑grade copper‑gold intercepts from its NAK porphyry project, including the highest‑grade results to date (77 m @ 1.78% CuEq).
• The new drill holes (NAK25‑48, ‑49, ‑46 and ‑44) expand the South Zone southward, eastward and deeper, confirming continuity of mineralization and keeping the zone open for further expansion.
• The results strengthen the company’s resource potential and support its ongoing 30 km‑drill program, backed by > $36 M cash and strategic investors.

Key Details

• Record Intersections – Hole NAK25‑48: 77 m @ 1.78% CuEq (Cu 1.21%, Au 0.3 g/t, Ag 13 g/t, Mo 345 ppm) within a broader 140 m @ 1.23% CuEq zone.
• Near‑Surface Mineralization – Hole NAK25‑49: 115 m @ 0.93% CuEq starting at 454 m depth (Cu 0.39%).
• High‑Grade Continuity – Holes NAK25‑46, ‑48 and ‑49 together intersected 482 m @ 0.51% CuEq and a deeper 96 m @ 0.9% CuEq zone.
• South Zone Expansion – Drilling extended the mineralized envelope ~200 m further south and ~250 m east, remaining open over > 800 m depth.

• Assay Tables (selected)

• NAK25‑48: 712‑789 m 77 m @ 1.21% Cu, 0.3 g/t Au, 13 g/t Ag, 345 ppm Mo → 1.78% CuEq.

• NAK25‑49: 319‑434 m 115 m @ 0.39% Cu, 0.24 g/t Au, 1.3 g/t Ag, 519 ppm Mo → 0.93% CuEq.

• NAK25‑46: 781‑877 m 97 m @ 0.58% Cu, 0.28 g/t Au, 3.7 g/t Ag, 115 ppm Mo → 0.89% CuEq.

• Collar Coordinates – Provided UTM grid locations and azimuth/depth for each hole (e.g., NAK25‑48: East 675 509 m, North 6 129 440 m, Az 210°, Dip ‑60°, TD 860 m).

• Geological Highlights – Intercepts occur in magnetite‑chlorite altered sedimentary rocks and porphyritic dikes with quartz‑chalcopyrite ± bornite veining; mineralization persists to > 800 m depth.
• QA/QC Protocol – Core halved on‑site, samples sent to ALS Geochemistry (ISO/IEC 17025 accredited); 10% QA/QC sample rate with standards and blanks; all 2024 standards within ±2 σ.
• Project Context – NAK lies in the Babine copper‑gold district; > 16,500 m drilled across 26 holes of a planned 30,000 m program; three drills active through December.

Notable Quotes

“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.”