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NAK25-53 was collared 160 m northeast of NAK22-06 and drilled at a steep inclination to the west. It represents the easternmost collar location for drill holes released to-date within the NAK Main zone, which links the historical South (Stockwork) and North (Copper) zones. Within the Main zone at NAK, and particularly within the north end of the Main zone, the strongest mineralization to date has almost exclusively been encountered to the west of crowded (hornblende) biotite feldspar porphyritic rocks of the Babine porphyry stock, mainly in sandstone and conglomerate outboard of the stock, but also in early and similarly altered dikes. NAK25-53, in contrast, was collared into, and remained entirely within, intensely sericite altered rocks of the stock, and in younger, cross-cutting seriate textured monzonitic dykes (the DSE-type dykes). Mineralization consisted of common stringer style chalcopyrite-bornite-molybdenite veining, along with local zones of disseminated chalcopyrite which replaces mafic sites (likely biotite) in the intrusions, and locally within the Babine porphyry wallrocks. In addition, two notable intercepts of bornite-bearing sparsely plagioclase phyric monzonitic dykes were also encountered. These occur deeper than 800m down hole, and they returned among the strongest grades in the hole.

The discovery of continuous, moderate to strong mineralization within the Babine porphyry stock suggested strongly that excellent potential remains eastward from the Main zone within the largely untested one-kilometre square region inferred by previous workers to be underlain by similar rocks. As a result, crude fence of drill holes extending a further 300 meters eastward into that area has been drilled and sampled, and the Company is awaiting the results of assaying.

NAK25-56 Assay Results (Table 2) and Details*

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NAK25-56 was drilled 200 m to the south of NAK25-53, and inclined to the west, testing an under-drilled area of the central part of the Main zone. NAK25-56 collared into crowded (hornblende) biotite feldspar porphyry of the Babine porphyry stock, which intrudes fine- to coarse-grained sandstone hosting increased disseminated chalcopyrite. Farther downhole, mineralization was strongest between 381 and 597 m down hole in conglomerate, consisting of veins and local clast and/or matrix replacements by disseminated chalcopyrite and/or bornite.
Below the well-mineralized conglomerate, grades were patchy, with local zones of densely disseminated chalcopyrite but with a generally increasing abundance pf pyrite westward and to depth.

NAK25-60 Assay Results (Table 3) and Details*

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NAK25-60 was collared 160 m north of NAK22-01 and was designed to test the northern extent of the near surface gold-rich mineralization in the historical South (or Stockwork) zone. In keeping with the targeting strategy outlined in NAK25-56, this hole was drilled to the west and was successful in showing continuity of moderate grade mineralization from surface down to a down-hole depth of 543 meters. NAK25-60 collared into intrusive rocks of the Babine porphyry stock that hosted sparse quartz stockwork veins and fracture coatings with chalcopyrite and trace bornite; these are characteristic mineralization at the South zone.

At approximately 85 m depth, the hole crossed the contact of the porphyry stock into fine- to coarse-grained sandstone, and from a depth of 200 meters until the end of the hole, it intersected conglomerate. Mineralization in the sedimentary rocks was a mix of vein-hosted and disseminated chalcopyrite (+/- bornite), with the strongest mineralization hosted in the upper 50 m of the conglomeritic unit. Like NAK25-56, this hole improves upon the grade profile defined by the generally easterly inclined and/or steeper drill holes drilled in previous years at this latitude, raising questions about the best orientation for drill testing and suggesting opportunities for shallower drilling.

NAK25-58 Assay Results (Table 4) and Details*

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NAK25-58 was collared from the same location as NAK25-56 and drilled to the north. The drill hole was designed to traverse from poorly mineralized Babine porphyry stock known to occur in the vicinity of the collar to better mineralized stock rocks encountered to the north in NAK25-53. Like NAK25-53, this hole remained largely within rocks of the Babine porphyry stock, crosscut mainly by relatively narrow intervals of seriate textured dykes, particularly in its lower reaches where the hole was better mineralized.

At a depth of 275 m, mineralization sharply increased in abundance, with irregular stringer veins and local disseminated chalcopyrite (+/- bornite and molybdenite), with the strongest zone of mineralization between 400 and 643 m down hole.

Collar details for holes in this release (table 5):

QA/QC and Sampling Protocol

Sampling at NAK follows a rigorous methodology and internal QA/QC protocol. Drill core is halved on site, and samples are submitted to ALS Geochemistry in Langley, British Columbia for preparation and analysis. ALS is accredited to the ISO/IEC 17025 standard for assays. All analytical methods include quality control standards inserted at set frequencies. The entire sample interval is crushed and homogenized, and 250 g of the homogenized sample is pulped. All samples were analyzed for gold, silver, copper, molybdenum and a suite of 45 other major and trace elements. Analysis for gold is by fire assay fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) on 30 g of pulp. Analysis for silver, copper, and molybdenum and all other major and trace elements are analyzed by four-acid digestion followed by Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

Internal QA/QC protocols dictate that individual core samples are no less than 70 cm and no greater than 3 m in length. To control standard, blank, and duplicate sample frequency, and to better constrain pass/fail re-analysis intervals, samples are submitted to the lab in 50 sample batches. Within each 50-sample batch, there is one gold-copper standard and two coarse reject duplicates, inserted at regular intervals, and two blank samples, inserted sequentially following well-mineralized samples where possible, for a total of 10% QA/QC samples. All gold and copper standard analyses from the 2024 program passed within 3 standard deviations of expected values. Where duplicate values differed significantly, the lower values from the resulting re-analyses were used.

About American Eagle's NAK Project

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, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system. Drilling is currently in progress, with over 28,000 metres drilled across 40 holes out of the planned 30,000-metre drill program. Three drills are actively operating, including one helicopter-supported hole, and drilling is expected to continue into December.

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About American Eagle Gold Corp.
American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company has benefited from investments in the past two years of over $36 million by Teck Resources and South32. With substantial financial and technical resources, American Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold porphyry project.