American Eagle Gold Corp. announces that it has closed its previously announced non-brokered private placement of an aggregate 10,000,000 units of the Corporation at a price of C$0.20 per Unit for aggregate gross proceeds of approximately C$2,000,000. The Corporation intends to use the net proceeds from the Offering to continue advancing the exploration of the NAK Project and for general corporate purposes. Each Unit [...]
American Eagle Gold Corp. would like to announce that it intends to complete a non-brokered private placement of 10,000,000 Units at a price of C$0.20 per Unit for gross proceeds of C$2,000,000. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one common share at a price of C$0.30 at any time two [...]
Highlights: Hole NAK22-01 returned 135 metres of 1.00% CuEq from surface within 851 metres of 0.37% CuEq Hole NAK22-02 returned 301 metres of 0.61% CuEq from surface within 956 metres of 0.37% CuEq Mineralized footprint over 1.5km x 1.5km at surface; extends 1km to depth All seven drill holes display mineralization throughout and end in mineralization; mineralization remains open in all directions Assays for holes [...]
Highlights: Drill Hole NAK22-02 intersected 956 m of 0.37% copper equivalent, including 301m of 0.61% CuEq from surface, and ending within 150 m of 0.60 % CuEq, from 834 m to 984 m. NAK22-02 is a follow-up from NAK22-01's 851 m of 0.37% copper equivalent All 7 holes drilled have displayed widespread mineralization throughout, with 6 holes terminating in mineralization and one hole in progress. Assays for holes NAK22-03 to [...]
Highlights:· Maiden hole returned 851.28 m of 0.33% copper equivalent , including 126 m of 1.02% CuEq from surface All 5 holes ended in mineralization at up to a maximum depth of 984 m downhole Strike length of mineralization encountered in holes NAK22-01 to -05 is 730 m and is open in multiple directions Results indicate a potential system footprint over 1.5km x 1.5km X 1km depth, open along strike and depth Assays for [...]
?American Eagle Gold Corp. and Orefinders Resources Inc. ? are pleased to jointly announce that they have entered into an option agreement ? and a call option agreement , each dated October 11, 2022 ?. ?Each such agreement pertains to a 20% interest ?? in American Eagle's NAK Copper-Gold Porphyry project , consisting of 5 mineral claims located northeast of Smithers, British Columbia. Terms of the Option Agreement [...]
American Eagle Gold Corp. is pleased to announce that drilling has commenced at its NAK Copper-Gold Porphyry project located northeast of Smithers, British Columbia. About NAK's Drill Program NAK is a classic porphyry target exhibiting many signs of a robust copper-gold system. Previous owners partially defined a large shallow copper-gold mineralization that is open in all directions. Reinterpretation of historical ZTEM [...]
American Eagle Gold Corp. is pleased to announce it has entered into an Exploration Agreement with Lake Babine First Nation in central British Columbia. The Agreement establishes commitments for a respectful relationship between American Eagle Gold and the Lake Babine to explore in the NAK Copper-Gold district. American Eagle Gold's NAK Copper-Gold Project, located 80 km northeast of Smithers in central BC, lies within [...]
American Eagle Gold Corp. is pleased to announce that it has received its drill permit for its NAK Copper-Gold Project in north-central British Columbia, Canada. The planned 4,000-metre diamond drilling program is expected to commence in the coming days. About NAK's Drill Program NAK is a classic porphyry target that exhibits all the signs of a large copper-gold system. Previous owners defined a large shallow copper-gold [...]
American Eagle Gold Corp. is pleased to announce that at the annual and special meeting of its shareholders held on June 30th, each item of business placed before the shareholders was approved, including the re-election of the current board of directors; and the change of the name of the Company to "Drillore Exploration Inc.". The Company also decided to make a strategic shift in focus on exploration in Canada. American [...]
American Eagle Gold Corp. is pleased to announce that it will be featured at Ore Day, which will be broadcast today June 10th at 9 am ET at www.Oreday.com Ore Day is a conference hosted by the Ore Group of Companies who focus on gold, copper, nickel, and uranium development projects. Ore Day will also feature keynote talks and interview with industry experts, including: James Rickards, NY Times bestselling author and [...]
Baselode Energy Corp. is pleased to announce that in partnership with the YMP Scholarship Fund it has renewed its Indigenous Mining Scholarship for 2022. Baselode will be awarding a $2,000 scholarship to an Indigenous student leader enrolled in a Canadian post-secondary institution looking to pursue a career in the mining industry who has demonstrated academic success and a commitment to preserving Indigenous languages [...]