Multi-Billion Pound Nickel Potential & Near-Term Catalysts Focused on delineating and developing a large polymetallic exploration target containing nickel, copper, cobalt, chrome, iron, platinum, palladium and gold, Alaska Energy Metals' (AEMC.v AKEMF) Nikolai Nickel Project is well situation to become a significant, domestic source of critical and strategic energy-related metals for the American market.
Earlier this week, AEMC received results for additional diamond drill holes from its 2023 exploration program at Nikolai, intersecting 356.2 m grading 0.34% Nickel Equivalent, extending mineralization along strike.
These latest results confirm the consistency of mineralization spanning 600m of strike length along the Eureka Zone with mineralization remaining open in all directions.
Gregory Beischer, President & CEO of AEMC, commented:
“The Eureka Zone of the Nikolai project in central Alaska is proving to be every bit as persistent, consistent, and homogeneous as indicated by the historical drilling on the property. With our grid-pattern drilling at 300-meter centers, we are quickly blocking out a large tonnage of rock mineralized with nickel and other related metals. The current grid-drilled strike extent is approximately 600 meters, with an estimated true width of around 300 meters.
AEMC plans to publish an Inferred Resource calculation once the remaining assays from four holes of the 2023 program have been received.
Located in central Alaska, a tier-1 pro-resource jurisdiction, AEMC's 100% owned Nikolai Nickel Project is a sulphide nickel and battery metal project with a multi-billion pound nickel potential and several near-term share catalysts.
Given it is a key component in rechargeable batteries, nickel is experiencing significant demand increases due to the world's rapid adoption of electric vehicles.
Posted on Behalf of Alaska Energy Metals Corp.