According to American Eagle, NAK’s known copper-gold porphyry mineralization is defined by a compelling geophysical signature analogous to Newcrest’s Red Chris mine and Newmont’s Tatogga project located in northwest BC.
Assay results from hole 1 confirm and expand upon NAK’s historically discovered copper-gold South zone, which typically shows strong gold and copper results beginning at the bedrock surface. Mineralization is best developed in the hole between 29.3 metres (depth to the bedrock beneath glacial overburden) to 155.5 metres, returning 125.78 metres of 1.02 % copper equivalent. It remains strong until a depth of 251 metres (221.28 metres at 0.68% copper equivalent).
All five holes drilled on NAK have so far intersected broad intervals of porphyry-style mineralization from surface to end-of-hole, the longest of which was 984 metres. The strike length of mineralization encountered in the five holes…
