American Eagle Gold (TSXV: AE) has intersected considerable lengths of copper equivalent at its NAK copper gold porphyry project in British Columbia.
The company this morning released drill results from hole NAK23-17, which was a 250 metre step out from prior drilling. The hole was located to the west of the South Zone.
Highlights from the results include:
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- NAK23-13: 0.40% copper, 0.05 g/t gold, 1.53 g/t silver over 103 metres from 269 metres
- NAK23-14: 0.21% copper, 0.06 g/t gold, 1.12 g/t silver over 729 metres from 20 metres depth
- Including 0.42% copper, 0.10 g/t gold, 2.95 g/t silver over 131.6 metres from 347.7 metres depth
- NAK23-17: 0.25% copper, 0.28 g/t gold, 0.96 g/t silver over 771 metres from 44 metres depth
- Including 0.30% copper, 0.35 g/t gold, 1.14 g/t silver over 606.2 metres from 98.8 metres depth
- Including 0.33% copper, 0.44 g/t gold, 1.15 g/t silver over 450.7 metres from 98.8 metres depth
- Including 0.40% copper, 0.53 g/t gold, 1.27 g/t silver over 302.1 metres from 166.9 metres depth
“The more we drill, the better NAK gets, as shown by the bold, westerly step out with NAK23-17. This risk paid off, revealing what may be a high-grade mineralized belt that remains open to the north and the south, and proving that the high-grade mineralization encountered previously in NAK23-11 is extensive in both the vertical and east-west dimensions,” commented Anthony Moreau, CEO.
The company is currently planning for further exploration near to hole NAK23-17, with the intention of expanding the area of high grade mineralization and identifying where it hits surface.
READ: American Eagle Hits 473 Metres Of 0.62% Copper Equivalent
American Eagle Gold last traded at $0.275 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
