NAK is a classic porphyry copper-gold target whose current 5000 m drill program tests the potential for a mineralised footprint greater than 1.5 km x 1.5 km. All five holes drilled to-date hit broad mineralisation from surface to a maximum depth of 984 m downhole.
Anthony Moreau, American Eagle’s CEO, said:
"Our objective at NAK is to discover a world-class copper-gold deposit with a high-grade core at depth. The results exceeded our expectations. We have encountered mineralisation in every hole and intersected a wide, high-grade interval from surface on the first hole. The bounds of the system are entirely unknown, including depth extensions of high grade. These early results set us up for an exciting remainder of 2022 and 2023.”