American Eagle Gold CEO Anthony Moreau envisions the company’s flagship 7,574 acre Golden Gate property to be the next big world-class discovery.
American Eagle Gold CEO: Golden Gate Will Be the Next Big World Class Discoverywww.youtube.com
American Eagle Gold (TSXV:AE) CEO Anthony Moreau envisions the company’s flagship 7,574 acre Golden Gate property to be the next big world-class discovery after the completion of a controlled source audio magnetotelluric (CSAMT) survey and the discovery of Carlin-type drill targets.
“We’re probably in the best real estate in the entire Cortez trend, which is one of the richest trends in the world. We saw Carlin-type lower plate rocks, which are a lot closer to the surface than we thought. It’s cheaper to mine. We’re very happy about it. We’re excited to drill,” said Moreau.
In June 2021, American Eagle Gold completed a purchase agreement for the adjacent Garden Gate Pass in the Cortez mining district in Nevada, US. Garden Gate expands the company’s flagship Golden Trend property from 2,225 acres to 7,574 acres, now known as the Golden Gate project.
According to Moreau, the expanded Golden Gate project allows the company to cover the southern extension of Barrick Gold (TSX:ABX,NYSE:GOLD) and Newmont’s (TSX:NGT,NYSE:NEM) Nevada Gold Mines, which increases the property’s potential to hold a world-class mineral deposit.
“There is a huge opportunity at Golden Gate. I believe it is the next big world-class discovery in this area,” Moreau shared.
Watch the full interview of American Eagle Gold (TSXV:AE) CEO Anthony Moreau above.
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