American Gold & Copper cites technical review to bolster Bolivia asset case
Everlert, now American Gold & Copper Inc, says expanded drilling datasets materially affect project criteria, though no new resource estimate is released.
American Gold & Copper Inc, formerly known as Everlert, has announced that an independent technical review supports the continued advancement of its copper-gold project in Bolivia’s Guarayos Province. The company disclosed that independent consultants Capps Geoscience, LLC, analysed 63 additional historical drill holes and expanded geological datasets that were not fully incorporated into earlier project frameworks.
The review, which included an assessment of a historical NI 43-101 technical report, concluded that the expanded data materially affects project assessment criteria. The project platform comprises four contiguous mining concessions covering approximately 42,175 hectares within a greenstone belt prospective for copper, gold, and silver mineralisation.
Brent Nelson, President of South American Copper Ltd, stated that the review reinforces the view that the asset warrants continued advancement through disciplined technical work. He noted that the inclusion of previously unincorporated drilling and geological work represents an important technical checkpoint as the company moves forward with development planning.
The company highlighted several historical metrics associated with the asset, including more than $27 million in exploration and infrastructure investment, over 21,000 historical samples and assays, and existing camp and operational infrastructure. These figures are being used to position the project as a long-term development opportunity rather than an early-stage grassroots exploration play.
However, the announcement did not include a new mineral resource estimate or an updated NI 43-101 technical report. Management is currently evaluating next-stage technical initiatives, which may include updated geological analysis, drilling design, data validation, and broader development planning.
The release follows a recent reverse merger and corporate restructuring that saw Everlert operate under the new name American Gold & Copper Inc. The move appears designed to strengthen the technical foundation and credibility of the Bolivia mining assets.
For investors, the focus is expected to remain on future technical validation, drilling outcomes, and development execution. The project’s location in Bolivia also keeps geopolitical, operational, and permitting considerations in focus for those evaluating long-term development risk.
