American Eagle Expands South Zone 750 Metres to the East and Further Demonstrates Continuity Within High-Grade Core, Intersecting 618 Metres of 0.77% CuEq from Surface

The most recent news (Feb 27, 2026) reports significant drill results from the NAK Project, specifically hole NAK25-80 which returned 618 metres of 0.77% CuEq from surface. This follows a "breakthrough" announcement on Feb 25, 2026, where the company confirmed that the Babine porphyry stock—previously thought to be barren—is actually mineralized. This discovery has effectively quadrupled the prospective footprint of the project, with continuous mineralization now defined over a 1.7 km by 1.5 km area. The latest results confirm that the South Zone contains a high-grade core that remains open to the east and south.

The news is categorized as Routine - Positive. While the results are technically excellent (618m of 0.77% CuEq is a top-tier intercept), they are incremental to the "breakthrough" news released just two days prior. The material "Game Changer" was the Feb 25th announcement that the Babine stock is mineralized, fundamentally shifting the project from a target-specific exploration play to a district-scale bulk-tonnage opportunity. The Feb 27th news confirms the continuity of the high-grade core within this newly expanded footprint. The project is now demonstrating the scale required to interest major mining houses, evidenced by the continued support and top-up investments from South32.

American Eagle Gold Corp. is focused on the NAK Project in the Babine Copper-Gold Porphyry District of British Columbia. The project is a classic porphyry system that was historically tested only to shallow depths. American Eagle has successfully proven that mineralization continues to depth (>800m) and is hosted within the main porphyry stock, not just the marginal sedimentary rocks.