American Eagle Gold Corp.

1.17

Canada

141 Adelaide Street West, Toronto, ON M5H 3L5, Canada

416 644 1567

americaneaglegold.ca

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Company Press Releases

American Eagle Hits 411 Metres of 0.43% CuEq Near Surface in First 2026 Step-Out East of South Zone

Highlights:NAK26-89 returned 411 metres of 0.43% copper equivalent (CuEq) from 47 metres downhole, within a broader interval of 880 metres of 0.30% CuEq, with mineralization remaining open. NAK26-89 connects with NAK25-62's 140 metres of 0.74% CuEq, extending near-surface mineralization 250 metres east of the South Zone and beyond the currently defined zones.The hole is this drill season's first test of the southern margin of the Babine porphyry stock, among the least-drilled and most prospective ground at NAK.One of the Company's three drill rigs is now dedicated to this area, with multiple...

American Eagle Drills One Kilometre of Copper-Gold Mineralization from Surface at NAK: 1,001 Metres of 0.46% CuEq, Including 218 Metres of 1.01% CuEq

Highlights:NAK26-87 intersected 1,001 metres of 0.46% copper equivalent (CuEq) starting at surface, including 218 metres of 1.01% CuEq, a full kilometre of continuous copper-gold mineralization and the longest mineralized intercept ever drilled at NAK.Kilometre-long intercepts of copper and gold are rare in global exploration, and those beginning at surface are rarer still. NAK delivers both at a road-accessible project near established infrastructure in British Columbia's Babine Porphyry District.NAK26-87 steps out 150 metres northwest of NAK25-78, which returned 802 metres of 0.71% CuEq from...

American Eagle Announces Top-Up Investment from South32 to Maintain 19.9% Ownership Interest

Toronto, Ontario--(Newsfile Corp. - August 17, 2026) - American Eagle Gold Corp. (TSXV: AE) ("American Eagle" or the "Company") is pleased to announce that a wholly owned subsidiary of South32 Limited ("South32") has elected to exercise its "top-up right" to maintain its 19.9% equity interest in the Company, as provided for under the investor rights agreement between the Company and South32 dated November 26, 2024 (the "South32 IRA").The Company will issue 660,000 common shares ("Shares") at a price of C$1.09 per Share, for gross proceeds of C$719,400 (the "Offering"). The price was determined...

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