American Eagle Continues to Expand South Zone near Surface Mineralization: Highlights Include 140 m of 0.74% Copper Eq. and 130 m of 0.62% Copper Eq.

The news release dated January 15, 2026, reports additional diamond drilling results from the ongoing 30,000-metre program at the NAK Copper-Gold project in British Columbia. The company has completed 16,500 metres (55% of the program) across 26 holes. Key highlights include Hole NAK25-62, which returned 189 metres of 0.61% CuEq from 75 metres depth, and Hole NAK25-69, which returned 409 metres of 0.33% CuEq. These results are intended to expand the South Zone’s footprint, which now measures over 700m East-West and 500m North-South, remaining open at depth and in multiple directions.

• Consistency of Mineralization: The latest results confirm that the South Zone is a reliable, near-surface mineralized body. While the grades in this specific release (0.61% to 0.74% CuEq) are lower than the "discovery-style" high-grade hits reported in October 2025 (1.78% CuEq), they demonstrate the necessary continuity for a bulk-tonnage resource.
• Project Scaling: The expansion of the dimensions to 700m x 500m suggests a growing volume of mineralized rock. The fact that Hole NAK25-65 showed a very broad 568-metre interval (albeit at a low grade of 0.15% CuEq) indicates the system's massive scale.
• Execution Progress: Completing only 55% of the planned 30,000-metre program by mid-January suggests the company has a significant backlog of assays and drilling remaining, ensuring steady news flow through the first half of 2026.
• Comparison to Expectations: These results are in line with the company's objective to "delineate and expand" rather than "discover new zones." It confirms the South Zone as the project's "center of gravity."

American Eagle Gold Corp. is focused on its 100% owned NAK Project in the Babine Copper-Gold Porphyry district of central British Columbia. The project is characterized by a large-scale mineralized system (1.5km x 1.5km) that was historically tested only to shallow depths. Recent drilling (2022-2025) has identified deep, high-grade mineralization and expanded near-surface zones. The property has excellent infrastructure, including all-season road access.