American Eagle hits 411 m of 0.43% CuEq near surface 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 step-outs planned along the southern stock margin.

Six drill holes totalling 5,305 metres have been assayed and reported this season. The Company has completed 18 holes of a planned 80-hole, 55,000-metre program, with three rigs turning continuously through to at least April 2027.

Toronto, Ontario--(Newsfile Corp. - August 25, 2026) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") reports 411 metres of 0.43% CuEq from 47 metres downhole in NAK26-89, within a broader interval of 880 metres of 0.30% CuEq.

The hole is the season's first test of the southern margin of the Babine porphyry stock. Drilling in this part of the property has been limited. It is among the least-tested ground at NAK and, in the Company's view, among the most prospective, with the potential to further change the scale of the deposit and the direction of the Company's exploration.

NAK26-89 followed up NAK25-62, which returned 140 metres of 0.74% CuEq from 124 metres downhole ( View Jan 15, 2026 NR Here ). Mineralization was continuous through the first 450 metres, with narrower high-grade intervals throughout the remainder of the hole down to 927 metres.

Significance of the new Southern Stock Zone Area

NAK26-89 is the 2026 season's first test of th