American Eagle Gold
Primary ticker: TSXV:AE
Stage of development: Exploration
Primary minerals: Copper and Gold
Project to promote: NAK Peroject
Project location: Smithers, British Columbia
Website: americaneaglegold.ca
American Eagle Gold is on a mission to develop its NAK project into a multi-billion-tonne economic orebody in British Columbia. This is the scale of the opportunity we see, and the geology, infrastructure, low lying and favorable topography of the project puts us in a unique position to help American Eagle shareholders to achieve it.
NAK is Unique
The South Zone shows near-surface mineralization with significant potential to develop into a substantial resource—an aspect that sets NAK apart from nearly any other porphyry project. This near-surface mineralization provides a major advantage by offering the potential for quick capital payback. This is just the beginning, as we continue to uncover what American Eagle Gold believes will be a multi-generational production profile across NAK.
The North zone – our game changer?
The North Zone potentially hosts the source, the mythical ‘feeder zone’ that could unlock the full potential of NAK. The latest core pulled from this area has significantly piqued the interest of NAK’s technical team. It’s spectacular core, and it’s lighting the fire for what could become the jewel of the project.
Bluesky
American Eagle Gold believes that the same mineralization could extend all the way around the porphyry stock—what we like to call the “Bluesky Doughnut.” Should the mineralization extend as a ring wrapping around the system, the blue-sky dimensions could completely redefine the project’s potential.
The NAK project is located 85km from Smithers, British Columbia. NAK benefits from excellent infrastructure, with all-season road access and its proximity to Smithers, Houston, and Burns Lake, towns situated along a major rail line and highway accessible.
The Company is fully funded for 2025, with Teck investing strategic capital into the company multiple times. Exploration in 2025 will focus on targeting high-grade zones, expanding the North and South Zones, as well as expanding the boundaries of the “Bluesky Doughnut”.
Cash: CAD 13,400,000
Debt: NIL
Major shareholders:
Teck Resources – 19.9%
OreCap Invest – 9.9%
HNW – 5%
HNW2 – 5%
HNW – 4%
Management Ownership – 14%
Financials
Management Profile
What is your rationale for taking part in 121 Mining Investment?
Increase visibility and attract new investors to American Eagle Gold. The company’s flagship NAK project has a path to becoming a high-grade, Tier 1 porphyry deposit with access to infrastructure. It is British Columbia’s most exciting project that attracted Teck Resources to make three investments in the Company.
What recent news would you like to highlight to investors attending?
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Release amazing holes and have the market pay attention
6 Months:
Release more holes and have the market understand the true potential of this project and to communicate 2025 drill program
12 Months:
Start drilling and see an opportunity for a liquidity event
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
What do you think makes your company such a compelling investment?
What are the top 3 key investor takeaways?
- Potential to develop a multi-billion-tonne copper-gold porphyry deposit with high grade and excellent infrastructure
- Fully funded 2025 Drill Program. Backed by Teck’s 15.4% ownership.
- Catalysts: numerous upcoming catalysts, including North Zone drill results