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American Eagle Gold Appoints Kevin Canario to CFO

American Eagle Gold Corp. (" American Eagle Gold " or the " Company ") (TSX.V: AE) is pleased to announce that Kevin Canario has been appointed the Company's Chief Financial Officer. Most recently, he was Corporate Controller of Battle North Gold Corporation where he was instrumental in theĀ eventual sale of the Bateman Gold project. Prior to this, Mr. Canario was the CFO of INV Metals Inc. and worked at PricewaterhouseCoopers LLP for 5 years within the mining assurance practice managing audits for a variety of publicly listed clients ranging from small exploration to large multi-asset operations. Mr. Canario holds a CPA, CA and Honours Bachelor of Commerce from McMaster University Canada .

American Eagle Gold and the Ore Group would also like to announce the resignation of Jeff Potwarka , the Company's outgoing CFO. The entire Ore Group team thanks Mr. Potwarka for his dedication and many years of service to the team and Company's shareholders and wishes him the best in his future endeavours.

The Company also announces that in accordance with its stock option plan, it has granted a total of 1,475,000 incentive options to officers, directors and consultants of the Company, at an option price of $0.20 per share, exercisable for a period of five years from the date of issue.

About American Eagle Gold Corp.
American Eagle Gold is traded on the TSX Venture exchange under the symbol 'AE'. The Company is focused on exploring its flagship property, Golden Gate. The property is strategically situated on the Cortez trend, which hosts 3 large Carlin-type gold deposits operated by Barrick and Newmont's Joint Venture, Nevada Gold Mines (Pipeline, Cortez Hills and Goldrush). The property is located 10km south of Cortez Hills and 5 km south of Goldrush and shows many of the same geological characteristics as at the two deposit areas.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements

Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about the Company's expectations regarding future operations and other forward-looking information. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the application of the proceeds of the Offering as anticipated by management and the inability to obtain the necessary TSX Venture Exchange approval to complete the Offering.Ā  The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's ability to close the Offering, that the Company's financial condition and development plans do not change as a result of unforeseen events, and that the Company will receive all required regulatory approvals, TSX Venture Exchange approval, for the Offering.

Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.Ā  The Company does not assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at www.sedar.com

SOURCE American Eagle Gold Corporation

View original content: https://www.newswire.ca/en/releases/archive/December2021/20/c1480.html

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American Eagle Advancing Towards Drilling Known Mineralized Target at Copper-Gold Porphyry Project in British Columbia

American Eagle Advancing Towards Drilling Known Mineralized Target at Copper-Gold Porphyry Project in British Columbia

Ā American Eagle Gold Corp. (TSXV: AE) (" American Eagle " or the " Company ") continues to advance its British Columbia copper-gold porphyry project NAK. Charlie Greig who led the discovery of GT Gold's Saddle copper-gold deposit,Ā  is advising and executing American Eagle's exploration program at NAK. The Company is fully funded for NAK's 2022 exploration program and is awaiting its permit to begin drilling.

The planned drill program on NAK consists of 8 diamond drill holes totaling 4,500m targeting the newly identified geophysical feature within a well-understood copper-gold porphyry province. NAK's known copper-gold porphyry mineralization is open at depth, and the compelling deep geophysical signatureĀ is analogous to Newcrest's Red Chris Mine and Newmont's Tatogga project in northwest BC.

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American Eagle Updates on Golden Gate Project

American Eagle Updates on Golden Gate Project

American Eagle Gold Corp. ( TSXV: AE ) (" American Eagle " or the " Company ") has completed its inaugural scout drill program located at its Golden Gate property, within the Cortez Trend and adjacent to Barrick's Goldrush mine. Drilling focused on the Northern Cortez (GG21-001) and Southern Cortez targets (GG21-002), located in the footwall of the Cortez Fault zone, 10km southeast of Barrick's Cortez Hills mine and 5km southwest of Barrick's Goldrush mine

While no significant gold mineralization was encountered, the Company is encouraged by having identified deep alteration analogous to Barrick Gold's Goldrush, Fourmile, and Cortez Hills projects next door. The drill core from GG21-001 was geologically logged in detail and photographed and sampled for gold and multi-element geochemical analysis. Drilling at hole GG21-002 was challenging due to difficult drilling conditions and supply chain issues. Despite the technical problems, the target concept for GG21-002 remains valid and requires full drill testing. Therefore, GG21-002 will be re-entered and deepened upon sourcing a reverse circulation rig to test for lower plate rocks and mineralization.

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American Eagle Updates on NAK Copper-Gold Project; Expands its Team

American Eagle Gold Corp. (TSXV: AE) (" American Eagle " or the " Company ") is pleased to announce that it is continuing to advance its British Columbia copper-gold Porphyry project, NAK. The Company is fully funded for NAK's 2022 exploration program and is awaiting its permit to begin drilling. American Eagle has contracted C.J. Greig and Associates to advise and execute the Company's exploration program at NAK.Ā Geologist and president of C.J Greig & Associates, Charlie Greig is a recipient of the prestigious 2022 Bill Dennis Award, recognizing his contribution to the prospecting and exploration industry or a significant mineral discovery.

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American Eagle Closes NAK Acquisition and $1.5 Million Financing

American Eagle Closes NAK Acquisition and $1.5 Million Financing

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NAK Acquisition

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American Eagle Anounces $1,000,000 Private Placement

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Orla Mining (TSX:OLA,NYSEAMERICAN:ORLA) has entered into a definitive deal to buy the Musselwhite gold mine from Newmont (TSX:NGT,NYSE:NEM), positioning the company to more than double its annual gold production.

The purchase, valued at US$810 million, with two additional contingent payments of US$20 million each, will set Orla up as a diversified North American gold producer as it marks the company's entry into Canada.

The first contingent payment will be made if the spot gold price exceeds US$2,900 per ounce in the first year after the transaction closes, and the second will be made if the price exceeds US$3,000 in the second year after closure.

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The top countries for gold production are poised to benefit from the current gold bull market, as are the gold mining operations in those countries.

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Indigenous-owned Mining Royalty Firm Targeting Canadian Resource Opportunities

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With 77 percent ownership by the Nisgaā€™a Nation, the firm is also backed by Canadian businessman Frank Giustra.

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Kestrel Option Partner Centerra Gold Continues Drilling at QCM Property

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Centerra's reverse circulation ("RC") drill program is well underway. A total of 6 holes and 813.97 metres have been completed to date with drilling ongoing. Completed holes are located in the 14 Vein area where RC drilling by Kestrel in 2022 returned up to 2.33 g/t Au over 44.19 metres. Results for the Centerra drill program will be released once analytical results have been received and interpreted. Centerra has also advised that they have submitted to the Ministry of Energy, Mines and Low Carbon Innovation of British Columbia an application for a 5-year Multi-Year-Area-Based (MYAB) permit, which upon receipt will allow for property wide exploration and drilling.

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Red Mountain Mining

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