Latest news with #NAK
LeMonde
3 days ago
- Business
- LeMonde
For Nasser Al-Khelaifi, PSG's versatile and 'untouchable' president, triumph marks a crowning achievement
What was he thinking as he lifted the Champions League trophy? About the spectacular failures and long years of disappointment for his Paris Saint-Germain (PSG) in the competition? On the pitch at Munich's Allianz Arena on Saturday, May 31, Nasser Al-Khelaifi – known as "NAK" – finally saw his club win Europe's most prestigious football trophy after their victory over Inter Milan (5-0). This was the ultimate goal set when Qatar Sports Investments (QSI) acquired the club in 2011. According to him, however, the PSG boss had put aside any obsession with that title. At least, that's what he had been repeating over the past year. Gone were the bold pronouncements of his early days, when he gave the club "five years" to claim the top prize. "He eventually learned from his mistakes," said a former close associate. This triumph has further cemented the status of the Qatari businessman, who at 51 has become the most influential football executive in Europe. Shuttling between flights, Al-Khelaifi juggled languages, roles and conflicts of interest: president of PSG; head of beIN Media Group; member of the executive committee of the Union of European Football Associations (UEFA) since 2019; president of the European Club Association (ECA); board member of the Ligue de football professionnel (LFP, France's professional football league); board of directors member at the Qatar Investment Authority (QIA, Qatar's sovereign wealth fund); head of QSI; and president of the Qatar Tennis Federation, and also of the film studio Miramax.
Yahoo
22-05-2025
- Business
- Yahoo
American Eagle's 30,000 metre Drill Campaign at NAK is Underway
Highlights: 2025 Drill Program Objectives: Expand high-grade, near-surface copper-gold in the south of the Main Zone Identify new high-grade copper mineralization in the north of the Main Zone and at depth Drill newly identified targets via large step-outs in untested areas on the property Toronto, Ontario--(Newsfile Corp. - May 22, 2025) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce a fully funded 30,000-metre drill program at its NAK copper-gold porphyry project ("NAK") in British Columbia is now underway. Watch VP Exploration Neil Prowse Discuss the NAK Drill Program The 2025 program builds on past success coupled with an intensive offseason initiative, during which American Eagle developed a robust interpretive model. The initiative included relogging core, constructing drill sections and level plans, and integrating 3D geophysical interpretations. The model was reviewed with input from South32's technical team and renowned porphyry experts Dr. Alan Wilson and Dr. Steve Garwin (watch video here). This season's objectives are to expand the high-grade, near-surface copper-gold zone in the south section of the Main Zone, identify new high-grade zones north and at depth of the north section of the Main Zone, and drill newly identified targets in untested areas on the property through strategic step-outs defined through integrated geophysical, geological, and geochemical data. Main Zone - Expand Scale and Target High Grade:Initial drilling in the Main Zone will target untested segments of mineralized trends and dyke phases where they intersect the property's preferred stratigraphic host rocks. Priority will be placed on near-surface, higher-grade areas, especially those adjacent to and along trend from the gold enriched south section of the Main Zone. In parallel, significant effort will be dedicated to testing mineralized dykes with higher-tenor sulfide content, which are increasingly prevalent within and to the north and east of the copper enriched north section of the Main Zone. New Untested Targets: Several high-priority targets surround the entirety of the Babine porphyry stock. These include the largely untested "IP Embayment" south of drill hole NAK23-09, which features localized outcropping mineralization and some of the highest Cu- and Au-in-soil geochemistry on the mainly till-covered NAK property. Exploration efforts will also be directed to the eastern margin of the stock, where drilling will follow up on shallow, strongly anomalous historical intercepts. The planned collars will step significantly east of previous drilling and target a compelling geophysical anomaly-a coincident chargeability, resistivity, and magnetic high-mirroring geophysical signatures encountered successfully west of the stock Additional drilling with support from strategic partners South32 is planned for the far southeast of the property, testing the prominent structural fabric visible in the magnetic surveys, coinciding with a broad IP resistivity anomaly that bears considerable resemblance to the well mineralized main zone. South32 has also highlighted several zones of interest within the stock, and through the encompassing IP chargeability anomaly to the north of the stock that will also be tested in 2025. See NAK Planned Drill Locations NAK presents a rare combination of compelling geology and favorable logistics. The project benefits from road access, low elevation, gentle terrain, and nearby infrastructure. High-grade copper and gold mineralization has already been identified at surface and at depth, with significant potential to expand known zones and discover new ones across the broader property. This drill program is expected to exceed the total metres drilled across American Eagle's previous three exploration seasons at NAK. "American Eagle offers investors exposure to a fully funded drill program with no additional capital required over the next few drill seasons. Building on the significant work of American Eagle's technical team over the past seven months, South32 have lent significant resources to help design a robust drill plan to prove that the near-surface copper-gold zone is economically viable in this cycle, while also drilling newly identified targets with potential to support a multi-decade copper-gold-porphyry project. With drilling to commence in the coming days, news flow will extend well into 2026, providing numerous catalysts for investors," said CEO Anthony Moreau. About American Eagle's NAK Project The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960's, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system. For the latest videos from American Eagle, Ore Group, and all things mining, subscribe to our YouTube Channel: About American Eagle Gold Corp. American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company benefits from over $37 million in cash, bolstered by two strategic investors formed in the past two years with Teck Resources and South32. With substantial financial and technical resources, American Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold porphyry project. Anthony Moreau, Chief Executive Officer416.644.1567amoreau@ Q.P. Statement Mark Bradley, a Certified Professional Geologist and 'qualified person' for the purposes of Canada's National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news release. Forward-Looking Statements Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding the closing of the repurchase of Consideration Shares, the satisfaction of the conditions set forth in the exemptive relief order from the Ontario Securities Commission, its anticipated results at the Company's NAK project, and other matters ancillary or incidental to the foregoing. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Dr. Steve Garwin Provides Independent Review of American Eagle's NAK Project
Toronto, Ontario--(Newsfile Corp. - May 13, 2025) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to share an independent review of its 100%-owned NAK copper-gold porphyry project ("NAK") in British Columbia. Watch Video Review by Dr. Steve Garwin View Presentation by Dr. Steve Garwin About Dr. Steve Garwin Dr. Steve Garwin has more than 36 years of experience as an exploration geologist with large and small mining companies. He is an independent consultant, one of the world's most renown porphyry experts and participated in the gold and copper projects of more than 55 clients in over 25 countries. 30,000 Metres of Drilling on NAK to Begin Imminently American Eagle's 2025 fully funded 30,000-metre drill campaign is set to begin in the second half of May, with mobilization to site scheduled in less than two weeks. Backed by strategic investments from Teck Resources and South32, this year's program will surpass the total metres drilled by the Company over the past three years combined. It will also rank among the most extensive single-season drill campaigns ever undertaken in British Columbia's Babine region, reflecting the growing scale and momentum behind NAK. About American Eagle's NAK Project The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960's, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system. For the latest videos from American Eagle, Ore Group, and all things mining, subscribe to our YouTube Chanel: About American Eagle Gold Corp. American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company benefits from over $37 million in cash, bolstered by two strategic investors formed in the past two years with Teck Resources and South32. With substantial financial and technical resources, American Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold porphyry project. Anthony Moreau, Chief Executive Officer 416.644.1567 amoreau@ Q.P. Statement Mark Bradley, a Certified Professional Geologist and 'qualified person' for the purposes of Canada's National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news StatementsCertain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding whether the Company will be able to complete the Offering as anticipated, the receipt of regulatory approval, including the approval of the TSX Venture Exchange, to complete the Offering, the intended use of proceeds and intended drill program or its anticipated results at the Company's NAK project, the ability of the Company to make the qualifying expenditures as anticipated by management, and other matters ancillary or incidental to the foregoing. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
Yahoo
13-05-2025
- Business
- Yahoo
Northern Dynasty: Q1 Earnings Snapshot
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Northern Dynasty Minerals Ltd. (NAK) on Monday reported a loss of $28.1 million in its first quarter. On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on NAK at
Washington Post
12-05-2025
- Business
- Washington Post
Northern Dynasty: Q1 Earnings Snapshot
VANCOUVER, British Columbia — VANCOUVER, British Columbia — Northern Dynasty Minerals Ltd. (NAK) on Monday reported a loss of $28.1 million in its first quarter. On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share.
