American Eagle Gold Corp.

American Eagle Grants Options To Buy 410,000 Shares

American Eagle Gold Corp. (TSX.V: AE) ("American Eagle" or the "Company") is pleased to announce that the Board of Directors has approved the grant of stock options to directors, officers, employees, and consultants of the company allowing for the acquisition of up to, in the aggregate, 410,000 shares of the Company. The options are exercisable at a price of CAD $0.13 per share for a period of five years from the date of grant and are subject to regulatory policies.

About American Eagle Gold Corp.

American Eagle Gold is traded on the TSX Venture Exchange under the symbol 'AE' and is focused on exploring its flagship property, Golden Gate. The Property is situated on the Cortez Trend, which hosts three 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 10 km south of Cortez Hills and 5 km south of Goldrush and shows many of the same geological characteristics as at the two deposit areas. To Speak with the Company directly, please contact: Anthony Moreau, Chief Executive Officer Phone: 416.644.1567 Email: amoreau@americaneaglegold.ca www.americaneaglegold.ca

Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding whether the TSX Venture Exchange will approve the Assignment Agreement, and whether the Company's exploration efforts on the Property produce the results that are anticipated by management. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. American Eagle Gold Corp. assumes no 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 securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at www.sedar.com.

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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

 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,  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 signature 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 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. 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

 American Eagle Gold Corp. (TSXV: AE) (" American Eagle " or the " Company ") is pleased to announce that it has received final approval from the TSX Venture Exchange (the " Exchange ") and has closed on the acquisition of an option to acquire a 100% interest in the NAK property (" Project ") in the Babine Copper-Gold Porphyry district in central British Columbia . American Eagle also announces that it has closed on a $1,510 ,774 Flow-Through Financing.

NAK Acquisition

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American Eagle Anounces $1,000,000 Private Placement

American Eagle Anounces $1,000,000 Private Placement

American Eagle Gold Corp. (TSXV: AE) (" American Eagle " or the " Company ") would like to announce that it intends to complete a non-brokered private placement (the "Offering") of up to 7,142,857 flow-through units of the Company (the "FT Units") at a price of C$0.14 per FT Unit for gross proceeds to the Company of C$1,000,000 . Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act ( Canada ) (each, a "FT Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one common share at a price of C$0.25 at any time two years from the closing of the Offering.

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Tempest Minerals

Extension of Entitlement Offer Closing Date

On 31 May 2024, Tempest Minerals Limited (“Tempest” or “the Company”) announced the details of a pro-rata non-renounceable rights issue (Offer) of up to approximately 103,824,886 fully paid ordinary shares (New Shares) on the basis of one New Share for every five (5) shares held at an issue price of $0.008 per New Share to raise up to approximately $830,599.

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Four hands holding puzzle pieces together.

Strategic Partnerships Pave Path to Production, Early Cash Flow

For a junior mining company, the transition from exploration and discovery to production is fraught with challenges. Considerable land prospecting, lengthy permitting processes and continuous capital raising for project financing all represent significant barriers. Historically, strategic partnerships (in the form of joint ventures, strategic alliances, toll milling/ore purchase agreements, etc.) have been one of the most effective ways to overcome these roadblocks.

The mining sector is increasingly beginning to recognise the value in these types of collaborative deals and their capacity to shorten development timelines to production and cash flow and reduce capital costs. They can also de-risk projects for junior miners and give established producers access to high-quality resources and an exploration pipeline. A deeper appreciation of this trend and where the opportunities lie can give investors a significant advantage when evaluating investments.

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Sarama Resources

Sarama Signs MOU Over West Australian Gold Project

Sarama Resources Ltd. (“Sarama” or the “Company”) (ASX:SRR, TSX- V:SWA) is pleased to announce that it has signed a non-binding Memorandum of Understanding (“MOU”) with Cosmo Gold Limited (“Cosmo”) and Adelong Gold Limited (“Adelong”) to acquire rights to the Cosmo Newbery Project (the “Project”), located in Eastern Goldfields of Western Australia, which have historically been highly prospective.

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Sarama Resources

Proposed Agreement to Settle Cosmo Gold Loan

Adelong Gold Limited (ASX:ADG) (Adelong Gold or the Company) is pleased to announce that it has entered into a non-binding Memorandum of Understanding (MOU) with Cosmo Gold Limited (Cosmo) and Sarama Resources Ltd. (ASX:SRR) (Sarama) to accept fully paid ordinary shares and options in Sarama in full settlement of the loan obligations owed by Cosmo to Adelong Gold.

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