11:28 AM EDT, 03/15/2024 (MT Newswires) -- American Eagle Gold Corp. ( AMEGF ) said Friday that it plans to launch a 15,000-meter drill program in May at its NAK copper-gold porphyry project, located in west-central British Columbia, Canada.

The company's stock rose 3.3% on last look on Friday.

The drill program is fully funded and will more than double the meterage the company drilled on the NAK project to date.

The program plans to further define, expand, and link the high-grade North and South mineralized zones. The program has also been designed to expand and outline near-surface potential, such as immediately west of the shallow high-grade encountered in NAK23-17, and similarly high-grade mineralization in historically untested or little-tested parts of the historical North zone, in the vicinity of the collars of NAK23-04, -07 and -12.

American Eagle Gold ( AMEGF ) also plans to extend the near-surface high-grade and gold-rich quartz chalcopyrite vein stockwork style mineralization along the eastern margin of the South Zone.

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