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  • American Eagle Gold (AE) is pleased to announce that its drilling program at its flagship Golden Gate property will begin soon
  • CEO and Director Tony Moreau sat down with Caroline Egan to discuss the upcoming drill program and its near-term goals
  • Drilling will be focused at the Northern Cortez and Southern Cortez targets
  • American Eagle plans to retain its rig at the site and expand its drill campaign on its more than 7,000-acre property
  • American Eagle Gold is focused on exploring for gold deposits on its flagship property, Golden Gate
  • American Eagle Gold Corp. (AE) is unchanged on the day, trading at C$0.15 per share at 1:45 pm ET

American Eagle Gold (AE) is pleased to announce that its drilling program at its flagship Golden Gate property will begin soon.

CEO and Director Tony Moreau sat down with Caroline Egan to discuss the upcoming drill program and its near-term goals.

VP of Exploration Mark Bradley designed this drill campaign. While previously with Barrick, he was credited with discovering Barrick’s Goldrush Mine, which hosts 15 million ounces and is slated to go into production before the end of this year.

“We are excited to begin drilling at our Golden Gate Property, which American Eagle consolidated, and forms the entire southern extension of Barrick’s Cortez facility. Our preceding exploration work has given our team confidence in our targeting within one of the few untested land packages in this region.”

Highlights:

  • Drilling will be focused at the Northern Cortez and Southern Cortez targets
  • The program aims to intercept lower plate rocks and identify deep alteration and mineralization analogous to Barrick Gold’s Goldrush, Fourile, and Cortez Hills projects next door
  • American Eagle plans to retain its rig at the site and expand its drill campaign upon the results of its drilling and further geophysical work on its more than 7,000-acre property.

American Eagle Gold is focused on exploring for gold deposits on its flagship property, Golden Gate. The property is located on the Cortez Trend, next door to Barrick Gold and Newmont Mining’s Gold Rush and Cortez Mine, which host over 27 million ounces of gold.  The company plans to drill and advance its relatively unexplored property and continue to focus on acquiring and advancing gold projects in the area.   

American Eagle Gold Corp. (AE) is unchanged on the day, trading at C$0.15 per share at 1:45 pm ET.

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