Goat Industries Ltd. announced that it has entered into an agreement to acquire claim block in the vicinity of American Eagle Gold Corp.'s copper mineralized NAK discovery located approximately 85 kilometres from Smithers, British Columbia. The Claim Block is situated 2.65 km from American Eagle Gold's plotted position of the recently announced drill hole: NAK22-01. The NAK Copper Discovery maiden drill hole, as announced by American Eagle on November 7, 2022, returned 851.28 meters of 0.33% copper equivalent, including 126 m of 1.02% CuEq from surface.

Readers are cautioned that the presence of mineralization on claims adjacent to those held by the Company is not necessarily indicative of mineralization that may exist on claims held by the Company.