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American Eagle Closes Option Agreement, Expanding Babine District Land Package to Approximately 9,283 Hectares

Source: newsfilecorp.com

Company FundamentalsNatural Resources & Raw MaterialsTechnology & Innovation
American Eagle Closes Option Agreement, Expanding Babine District Land Package to Approximately 9,283 Hectares

NAK Project’s land package increased from ~1,632 hectares to ~9,283 hectares, about a 470% expansion, driven by a closed option agreement with Eagle Plains Resources Ltd. and additional independent staking in the Morrison area. The announcement is incremental at the company level but modestly positive for future exploration optionality.

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