American Eagle Gold Drilling Immediately Adjacent to Goldrush (15M AuOz deposit) w/ CEO Tony Moreau
American Eagle Gold (TSXV:AE.v) is currently drilling for a world-class gold deposit on its flagship property, Golden Gate. The property is located on the Cortez Trend, next door to Barrick Gold and Newmont Mining’s Goldrush and Cortez Mine, which host over 27 million ounces of gold. The company is pursuing a Goldrush 2.0 type discovery and the exploration is being led by Mark Bradley, the very geologist who was the project team leader during Barrick’s discovery of Goldrush. In this interview CEO Tony Moreau and VP of Exploration Mark Bradley describe American Eagle’s investment value proposition, upcoming milestones and plans for growth.
American Eagle Gold CEO Tony Moreau stated, “Where our property is, it’s right next to the Goldrush deposit…it has 15 million ounces of gold in the ground, averaging 10 grams per ton. It’s the biggest and best new gold property that’s coming online in the world right now. So where better to be than five miles next door to this property? If you look right now, there’s seven of the largest 30 mining properties in the world are located either in the Cortez or Carlin camp. Three of those properties located in the Cortez camp, and Pipeline, Cortez, and Goldrush. We’re right next door. We’re on the same fault system as Cortez. So people say finding gold is very tricky. Well, at least we’re taking our chances of finding it a lot better. We’re right in elephant country, and I believe that we’re going to find it.”
0:00 Introduction
1:17 Mark Bradley’s qualifications and prior success
2:50 What attracted mark to American Eagle Gold
3:54 Golden Gate targeting and drilling goals
6:30 Defining success on maiden drill program
8:21 When to expect drilling results?
9:16 Barrick is not afraid of refractory gold
9:53 What Nevada Gold Mines looks for in a gold project
13:18 NAK project acquisition
Press Releases Discussed:
https://americaneaglegold.ca/news/american-eagles-drill-campaign-underway-at-golden-gate-in-nevada/
