American Eagle Gold (AEG) is focused on exploring for a world-class gold deposit on its flagship property, Golden Trend. The property is located on the Cortez Trend, next door to Barrick Gold and Newmont Mining’s Gold Rush and Cortez Mine, which host over 27 million ounces of gold. The company plans to drill and advance its relatively unexplored property and continue to focus on acquiring and advancing gold projects in the area. American Eagle Gold’s pre-IPO financing is scheduled to clo...
American Eagle Gold (AEG) is focused on exploring for a world-class gold deposit on its flagship property, Golden Trend. The property is located on the Cortez Trend, next door to Barrick Gold and Newmont Mining’s Gold Rush and Cortez Mine, which host over 27 million ounces of gold. The company plans to drill and advance its relatively unexplored property and continue to focus on acquiring and advancing gold projects in the area. American Eagle Gold’s pre-IPO financing is scheduled to close February 8th and the company aims for a March 2021 IPO. Drills are expected to be turning on the flagship Golden Trend project in H2 2021. In this interview Chair Stephen Stewart and CEO Tony Moreau describe AEG’s investment value proposition, upcoming milestones and plans for growth.
American Eagle Gold CEO Tony Moreau stated, “Where our property is, it's right next to the Goldrush deposit. What's the Goldrush deposit? It's coming to production in 2021…it has 15 million ounces of gold in the ground, averaging 10 grams per ton. It's the biggest and best new gold property that's coming online in the world right now. So where better to be than five miles next door to this property? If you look right now, there's seven of the largest 30 mining properties in the world are located either in the Cortez or Carlin camp. Three of those properties located in the Cortez camp, and Pipeline, Cortez, and Goldrush. We're right next door. We're on the same fault system as Cortez. So people say finding gold is very tricky. Well, at least we're taking our chances of finding it a lot better. We're right in elephant country, and I believe that we're going to find it.”
0:00 Introduction
1:17 Overview & why Tony was brought on as CEO
4:55 Pre-IPO financings & company structuring
6:05 Tony’s vision for AEG & investment value proposition
10:57 How soon will the drills be turning?
12:40 AEG plans for growth
13:36 Treasury & share structure
14:50 What differentiates AEG from other Nevada gold explorers?
17:05 Stephen’s final thoughts
https://americaneaglegold.ca/
IPO scheduled for March 2021
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