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Company Interviews

American Eagle Gold (TSXV:AE) - Massive Copper Grades Over Huge Widths

21 Jan 2024

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Interview with American Eagle Gold's CEO, Anthony Moreau, and Geologist Anthony Greig.Our previous interview: https://www.cruxinvestor.com/posts/american-eagle-gold-a-promising-junior-explorer-in-bcs-golden-triangleRecording date: 19th January 2024Overlooked Explorer Ready for Takeoff After BC Copper BreakthroughsAmerican Eagle Gold has remained largely under the radar amongst investors, despite posting a series of exceptional high-grade copper drill results last year from its flagship project in British Columbia. With copper supply constraints causing prices to soar, the red metal has become one of the hottest commodities for investors. Yet few seem aware of American Eagle’s potential as an emergent copper developer.The company’s 100% owned Nak project, located near Smithers BC, offers easy accessibility that enables cost-efficient year-round drilling. American Eagle has utilized modern geophysical targeting and geological modeling techniques to penetrate deeper than past operators at Nak. The latest inclined drill holes have delivered stunning grades over exceptional widths that were missed by earlier shallow holes focused along narrow mineralized structures.Recent results include 304m at 1.09% copper equivalent and 800m at 0.59% copper equivalent. The headline copper grades alone place American Eagle amongst the top peer explorers globally. Just as significantly, the long continuous mineralized intercepts clearly indicate a very extensive system – with tremendous scale potential as drilling continues to delineate and expand the known zones of high-grade material.With cash funding fully in place, no need to return to markets in the near term, and an experienced technical team aiming to systematically build out a premier asset in a tier-one jurisdiction, American Eagle checks all the boxes for investors seeking maximum leverage to copper prices.Yet the company's modest $40M valuation fails to reflect the remarkable exploration progress achieved so far. American Eagle insists it is only a matter of time before peer explorers, institutional investors and major copper producers take notice of what has been uncovered at Nak. Prime drill targets remain wide open for expansion, promising further game-changing discoveries in future drilling campaigns.For risk-tolerant copper bulls, American Eagle may represent the ultimate overlooked exploration bargain opportunity. Several fundamental factors underscore the investment case:Robust Economics: Recent results confirm broad zones of higher-than-average copper grades from surface that could enable simple low-cost mining operations to be established early to generate initial cash flows.Infrastructure Advantages: Year-round drilling access via paved roads dramatically cuts exploration costs and provides inherent development benefits over remote peers. Proximity to town/workforce also boosts efficiencies.Strategic Backing Validates Potential: Major mining investment firm Tech has already invested in American Eagle multiple times - confirming technical merits of asset.Systematic Success Mitigates Risks: 17 holes drilled so far have all intersected mineralization from surface - establishing extensive mineralized footprint. Metallurgy of nearby analogous deposits reflects highly favorable recoveries.As American Eagle continues unlocking the full extent of its areas of high-grade mineralization in a premier jurisdiction with key infrastructure advantages, the investment opportunity around this overlooked copper explorer promises to only grow more compelling._Learn more: https://cruxinvestor.com/companies/american-eagle-goldSign up for Crux Investor: https://cruxinvestor.com

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