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, revealed compelling near surface porphyry copper and gold mineralization, but subdued metal prices and difficult access resulted in the project seeing no significant work between 1996 and 2022, when American Eagle Gold assumed ownership of the property. Since 2022, over 60,000 m have been drilled, greatly expanding upon the historically delineiated mineralization, discovering discrete high-grade zones enveloped by very a broad mineralization footprint, now extending over 1.5 x 1.7 km. The tenor and scale of mineralization at NAK sets it apart from its peers in the district, with abundant bornite, chalcocite, and chalcopyrite encountered from surface to depths greater than 800 m. The results of American Eagle Gold's drilling at NAK have attracted numerous large investments from major mining companies Teck and South 32, as well as a recent strategic investment by Eric Sprott. American Eagle Gold is now focused on rapidly advancing discovery at NAK, with an anticipated 50,000 m and year round drilling planned for 2026, and a view to formal resource definition and PEA studies at the conclusion of the 2026-2027 drill season.
The company’s mission is to explore in an effort to discover a world-class copper and gold deposit located in Canada.
NAK is located in the Babine Copper-Gold Porphyry district in central British Columbia, one of the richest copper districts in the world.
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