American Eagle Gold CEO Anthony Moreau: Drills Turning at Golden Gate Soon

American Eagle Gold's Anthony Moreau: Drills Turning at Golden Gate Soonyoutu.be

American Eagle Gold (TSXV:AE) CEO Anthony Moreau announced the completion of a seismic survey at Golden Gate and unveiled the company’s upcoming maiden drill program focused on discovering the buried Carlin-type deposits believed to be existing on the property.

“We could easily have drilled in May or June, which a lot of people do without doing the proper work. We’re looking for over 5 million ounces of deposit. Drilling is the most expensive thing that you can do. So when you put your investment in the ground, you want to make sure you have the highest probability of success,” said Moreau.

Being in a world-class jurisdiction, Moreau acknowledged how important it is to plan drilling programs. The seismic survey, he said, is the best way to have a picture of what the underground looks like without actually drilling.

“We do things that big boys do. We take cues from the oil and gas industry. It took us two months to do the seismic survey and CSAMT. We finished everything and applied for permits in August. I’m actually happy to announce, we just got the news that our permits were successful. We are able to drill as soon as we can identify a rig.”

According to Moreau, the company wants to hit lower plate rocks, which are the type of rocks where these world-class crown-type deposits exist.

“The deposits are all south like pearls on a string of pipelines. We know these deposits that continue moving south, they’re on a collision course with us. Our first focus is reaching the lower plate rock and hitting mineralization. We’re building a resource and making world-class discovery,” he added.

Watch the full interview of American Eagle Gold CEO Anthony Moreau above.

This interview is sponsored by American Eagle Gold (TSXV:AE). This interview provides information which was sourced by the Investing News Network (INN) and approved by American Eagle Goldin order to help investors learn more about the company. American Eagle Gold is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with American Eagle Gold and seek advice from a qualified investment advisor.