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Alaska Energy Metals Corp AKEMF


Primary Symbol: V.AEMC

Alaska Energy Metals Corporation is focused on delineating and developing the large-scale, bulk tonnage, polymetallic Eureka deposit containing nickel, copper, cobalt, chromium, iron, platinum, palladium, and gold. The Company’s flagship project, Nikolai, is located about 80 kilometers (km) south of the town of Delta Junction, on the southern flank of the Alaska Range. The Nikolai project hosts Ni-Cu-Co-Cr-PGE mineralization. Two separate, adjacent claims blocks encompass the Nikolai project. The Eureka claim block consists of about 106 State of Alaska mining claims (6,863 hectares (ha)). The Canwell claim block consists of about 59 State of Alaska mining claims (3,820 ha). In total, the Nikolai project covers about 10,683 ha. It also holds a secondary project, Angliers-Belleterre, in western Quebec. The Angliers Project is located within the Angliers and Belleterre townships in the Temiscamingue region of western Quebec. The Angliers Project covers an area of about 26,417.4 ha.


TSXV:AEMC - Post by User

Comment by GoldPathfinderon Jul 09, 2020 8:22am
114 Views
Post# 31244018

RE:Millrock: Hole #4 at 795m in the right rocks!

RE:Millrock: Hole #4 at 795m in the right rocks!Interesting details regarding hole #3 & 4.
Both have intersected the same rock type as Pogo Gold Mine.
Hole #4  also have a history of high grade rock chips and gold veins very close by.

"Drilling operations progress
The first hole was completed on 23 June 2020 to a depth of 615m on Target A6 (Hole ID: 20AU003). The drill rig then shifted to Target A13NE (Hole ID: 20AU004) and has now reached a depth of 795m. Both holes have intersected the targeted paragneiss rock type, which is the same host rock as the Pogo Gold Mine and validated the CSAMT survey data used in targeting (Figure 2).

Current Hole:
20AU004 (A13NE) is located alongside an interpreted vertical feeder which is likely a conduit of mineralised fluids from depth and the source of the high grade rock chips up to 13.85 g/t Au at surface at the “Half Ounce Gulch” gold occurrence. Historic drill holes MR12-01 and MR12-02 drilled at a 45º dip and intersected narrow gold veins up to 1.71g/t Au but did not test the deeper flat lying conductive horizon (Figure 3). Encouragingly the 20AU004 (A13NE) CSAMT target correlates with zones of alteration and associated sulphides, within paragneiss. The geology team is continuing to assess all new results to optimise drill hole locations and maximise use of funds.
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