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American Eagle Gold

TSXV:AELive AI agent

American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada.

Investor website: https://americaneaglegold.ca/

About

American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company will benefit from over $55 million, bolstered by four key shareholders, including two major mining companies, and large strategic investors Eric Sprott and Ore Group. With substantial financial and technical resources, American Eagle is well-positioned to drill, de-risk, and define the full potential of the NAK copper-gold porphyry project.

Verified company data

Cash position
~$25M (March 2026)
Shares outstanding
172.8M
Fully diluted shares
193.1M
Mineral resource
The tenor and scale of mineralization at NAK sets it apart from its peers in the district, with abundant bornite, chalcocite, and chalcopyrite encountered from surface to depths greater than 800 m. The results of American Eagle Gold's drilling at NAK have attracted numerous large investments from major mining companies Teck and South 32, as well as a recent strategic investment by Eric Sprott. American Eagle Gold is now focused on rapidly advancing discovery at NAK, with an anticipated 50,000 m and year round drilling planned for 2026, and a view to formal resource definition and PEA studies at the conclusion of the 2026-2027 drill season.
Projects
["NAK Property: The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960's, revealed compelling near surface porphyry copper and gold mineralization, but subdued metal prices and difficult access resulted in the project seeing no significant work between 1996 and 2022, when American Eagle Gold assumed ownership of the property. Since 2022, over 60,000 m have been drilled, greatly expanding upon the historically delineated mineralization, discovering discrete high-grade zones enveloped by very a broad mineralization footprint, now extending over 1.5 x 1.7 km. Proven Economics in a Mineralized Belt: The NAK Property lies within the Babine Porphyry belt of Central British Columbia. The Babine Porphyry Belt is characterized by Eocene aged granodiorite to diorite intrusions that are known to host economic concentrations of copper and gold. Significant deposits in the region include the past producing Bell and Granisle mines, the Morrison deposit with a defined mineral resource, and the exploration stage Duke deposit. World Class Development Potential: The NAK property is characterized by low relief terrain, low elevation, and remarkably easy access. Logging roads pass directly through the property, and large clearcuts exist over the currently delineated best mineralized zones. An extensive network of historical exploration trail, coupled with low to moderate winter snowfall amounts allow for year-round drilling accessed primarily by skid-mounted drill rigs. Strong Community Engagement and First Nations Support: The NAK property is located entirely within Lake Babine Nation Traditional Territory. Since 2022, American Eagle Gold has worked closely with LBN partners, and remains committed to continuous consultation and engagement as the NAK project advances. Classic Porphyry Geophysical Signature: The NAK Property hosts a central porphyry intrusion with a strong coincident magnetic high, flanked by a broad Induced Polarization chargeability halo. Similar geophysical expressions exist at Bell, Granisle, and Morrison, but lack the considerable scale and continuity of NAK. Scale and Grade: Since 2022, American Eagle gold has drilled over 60,000 m, and has significantly expanded upon the historically outlined mineralization footprint. Additional zones of high-grade mineralization, at surface and at depth, have been outlined within a broader mineralization envelope now extending over 1.5 km in the north-south direction, and up to 1.7 km in the east-west direction. Exceptional Grade over Broad Widths: The South Zone, beginning at surface represents a compelling starter pit opportunity, extending strong copper and gold grades to a depth of over 800 m. Mineralization – Lithological and Structural Control: Excellent tenor of mineralization, with abundant bornite and chalcopyrite. Mineralization within porphyry stock is interpreted to exploit a consistent structural fabric associated with later-stage mineralized dyking. Significant mineralization in bounding host rocks exploits the porosity in conglomerate and sandstone lithologies. Dyking – Priming and Enrichment Spanning Multiple Mineralizing Events: Zones of strongest mineralization appear to be driven by multi-phase dyking. Early phase of mafic to intermediate intrusions which pre-date the porphyry stock appear to prime the host rock with sulfide nucleation sites. Later stage felsic dykes which post-date the porphyry stock are associated with strong bornite and chalcocite mineralization. Fully Funded with Strategic Backers: Teck, South 32, Eric Sprott, and OreGroup collectively own more than 53 % of American Eagle Gold, based on the strong results and exceptional exploration potential at NAK. ~$55M Treasury with highly streamlined management significantly de-risks NAK in comparison with peers. Robust Plan for Discovery: Fully funded for over 3 years of operation, the 2026 season will allow the full scale of the NAK system to be drilled and defined before the Company focuses efforts towards resource definition and feasibility studies in the latter half of 2027."]
Leadership
Anthony Moreau CFA CEO and Director Anthony Moreau, CEO and Director of American Eagle Gold, also serves as a Director of QC Copper & Gold, Orecap Invest, and Mistango River Resources. Formerly with IAMGOLD, where he held various roles, including in Business Development and Innovation. Anthony is also the leader of the Young Mining Professionals Toronto. He also co-founded the YMP Scholarship Fund, which has raised over $1.25 million since its inception seven years ago. Tony is a Queen’s School of Business graduate and a Chartered Financial Analyst (CFA). Stephen Stewart M.Sc., MBA Chairman Stephen Stewart is the Founder and Chairman of Ore Group, a private natural resource consortium dedicated to the discovery, development, and advancement of metals projects. He also serves as Chairman of several public companies, including Orecap Invest, XXIX Metal, American Eagle Gold, Geiger Energy, Mistango River Resources, Metal Energy, Auriginal Metals and Awalé Resources. Beyond his corporate roles, Stephen is the Founder and Chairman of the Young Mining Professionals Scholarship Fund, the largest mining-focused charitable organization supporting education in mining engineering and geology. He also founded YMP Toronto and the YMP Global Group, helping to build a global network for the next generation of mining leaders. Stephen holds a Bachelor of Arts from the University of Western Ontario, a Master of Business Administration from the Rotman School of Management at the University of Toronto, and a Master of Science from the University of Florida. Joel Friedman CPA, CA CFO Joel is a finance professional with over 13 years of experience working in the mining and cannabis industries. Most recently, Joel served as the CFO of Khiron Life Sciences Corp, prior to this, he was Vice President, Finance at CannTrust Inc., and Director of Finance at Primero Mining Corp. and senior finance roles at Banro Corporation and Iamgold Corporation. Mr. Friedman began his career at Deloitte in the Real Estate and Resources group, where he worked with a variety of publicly listed clients throughout the mining lifecycle, from exploration to multi-asset operators. Mr. Friedman holds a CPA, CA and Honours Bachelor of Business Administration from the Schulich School of Business at York University, Canada. Mark Bradley B.Sc., M.Sc., P.Geo. Lead Technical Advisor Mr. Bradley, P.Geo holds a B.Sc. in Geology, a M.Sc. in Economic Geology and has over 35 years of experience in the mining exploration and development business. Mark was Barrick Gold's Cortez Project team leader during the discovery and definition of Barrick Gold's multi-million-ounce Goldrush deposit. Cortez and Goldrush are located just some five km to the northwest and north respectively of American Eagle Gold's Golden Trend project. For this discovery, he was a co-recipient of the prestigious Thayer Lindsley Award for International Mineral Discovery from the Prospectors and Developers Association of Canada. During the Goldrush discovery program, he guided and managed the Cortez exploration team of 20+ geologists and over two hundred contracting personnel.

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