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

Highlights: The NAK Project land package has increased from approximately 1,632 hectares to approximately 9,283 hectares, a roughly 470% increase, through the closing of the option agreement with Eagle Plains Resources Ltd. and the Company's independent staking of open ground in the Morrison area.

American Eagle Hits 411 Metres of 0.43% CuEq Near Surface in First 2026 Step-Out East of South Zone

Highlights: NAK26-89 returned 411 metres of 0.43% copper equivalent (CuEq) from 47 metres downhole, within a broader interval of 880 metres of 0.30% CuEq, with mineralization remaining open. NAK26-89 connects with NAK25-62's 140 metres of 0.74% CuEq, extending near-surface mineralization 250 metres east of the South Zone and beyond the currently defined zones.

American Eagle Drills One Kilometre of Copper-Gold Mineralization from Surface at NAK: 1,001 Metres of 0.46% CuEq, Including 218 Metres of 1.01% CuEq

Highlights: NAK26-87 intersected 1,001 metres of 0.46% copper equivalent (CuEq) starting at surface, including 218 metres of 1.01% CuEq, a full kilometre of continuous copper-gold mineralization and the longest mineralized intercept ever drilled at NAK. Kilometre-long intercepts of copper and gold are rare in global exploration, and those beginning at surface are rarer still.