American Eagle Gold Corp

TSXV:AECanadaView on OTCQB

Oct 21, 2024

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• American Eagle Extends High-Grade Near-Surface Mineralization with Multiple +1% Copper Equivalent Intercepts; Confirms Continuity of Mineralization >1km Along Trend, from 6:03AM ET on Monday Oct 21, 2024 by Newsfile

  6:03AM ET on Monday Oct 21, 2024 by Newsfile
  Companies Mentioned: AMEGF

  NAK's Near Surface South Zone Drill Highlights:

  Toronto, Ontario--(Newsfile Corp. - October 21, 2024) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce the confirmation of high-grade mineralization extending east of the South Zone, toward the IP Embayment Zone, with NAK24-28 intersecting over 100 meters of 1.11% CuEq from near surface (see plan map). Mineralization within the gold-rich South Zone was also extended northwest, in hole NAK24-26, which intersected 50 m of 1.01 % CuEq from surface, extended 457 metres to depth, and carried a grade of nearly 0.4% CuEq throughout. NAK24-24, which was drilled northerly, intersected continuous mineralization from surface to a total depth of 951 m, returning 906 m of 0.36% CuEq; it links the North and South Zones below their surface expressions.

• American Eagle Extends High-Grade Near-Surface Mineralization with Multiple +1% Copper Equivalent Intercepts; Confirms Continuity of Mineralization >1km Along Trend, from 6:02AM ET on Monday Oct 21, 2024 by Dow Jones

  6:02AM ET on Monday Oct 21, 2024 by Dow Jones
  Companies Mentioned: AE
  
  NAK24-25 Assay Results (Table 4) and Details*
  Hole From To Length Cu (%) Au (g/t) Ag (g/t) Mo ppm CuEq (%) NAK24-25 32 923 891 0.14 0.04 0.65 38 0.20 Including NAK24-25 757 860 103 0.37 0.10 2.22 62 0.51 And Including NAK24-25 319 860 542 0.19 0.05 0.84 47 0.26