American Eagle Gold (TSXV: AE; US-OTC: AMEGF) is drilling 30,000 metres at its NAK copper–gold project in central British Columbia, a campaign CEO Anthony Moreau says is building scale while zeroing in on higher-grade zones.
This year’s plan called for 40–50 collars with results to be released into 2026. The system remains open to the north, south and at depth. Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) and South32 (NYSE: SOUHY; ASX: S32) own 12.9% and 19.9% of the company, respectively.
“We have Teck and South32 both involved in the background helping with planning. They’re wonderful partners,” Moreau told the International Metals Symposium early this month in London.
American Eagle has about $36 million (US$26.2 million) in cash available. The project has good access to roads, power about 10 km away and rail about 25 km away that help lower hurdles near the past-producing Bell and Granisle mines.
The preceding Joint Venture Article is PROMOTED CONTENT sponsored by American Eagle Gold and produced in cooperation with The Northern Miner.
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