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The latest announcement is out from American Eagle Gold ( (TSE:AE) ).
American Eagle Gold Corp. has announced its 2025 exploration program for the NAK copper-gold porphyry project, which includes a 30,000-meter drill campaign targeting mineralized zones and geophysical anomalies around the Babine porphyry stock. The company aims to expand mineralization and enhance economic potential, with a budget of $12-15 million supported by $37 million in cash and strategic partnerships. The project benefits from favorable geographical conditions and existing infrastructure, with plans to further explore near-surface mineralization in key zones, including the North and Central Zones.
More about American Eagle Gold
American Eagle Gold Corp. operates in the mining industry, focusing on copper and gold exploration. The company is primarily engaged in the development of porphyry projects, with a significant market focus on advancing its NAK copper-gold porphyry project.
YTD Price Performance: -26.76%
Average Trading Volume: 339,460
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$87.01M
Learn more about AE stock on TipRanks’ Stock Analysis page.