Alaska Energy Metals Corp AKEMF

Primary Symbol: V.AEMC

Metals & Mining Industrial Metals & Minerals

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.

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Post by MarketMakersson Nov 27, 2023 7:19pm

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Post# 35755360

AEMC Closes Acquisition for Angliers-Belleterre Project

Strategically positioned at the center of nickel's evolving story, Alaska Energy Metals (AEMC.v AKEMF) is on track to become a substantial domestic source of critical metals for the American Market.

AEMC's flagship Nikolai Nickel Project has a resource exceeding 1.5B pounds of nickel and is "quickly evolving into one of the largest nickel resources on the continent", as seen in the Maiden NI 43-101 Mineral Resource Estimate released last week.

Today, AEMC announced the closing of an acquisition for the Angliers-Belleterre Project in Quebec, a 24,000 hectare nickel-copper project similar to the Kambalda nickel district in Australia.

Notably, there is a 6km long belt of nickel-enriched rocks documented on the project, as well as significant nickel prospects on adjacent claims appearing to trend onto the project

Alaska Energy Metals President & CEO Gregory Beischer commented:

“This is an area with which I am highly familiar, having studied it while stationed in Quebec in the late 1990s during my first career with INCO, which at the time was the largest nickel producer globally. We were attracted by the ultramafic flow rocks and the geologic conditions permissive for high-grade massive sulfide deposits. There are some great prospects nearby that clearly show the nickel-copper sulfide deposit-forming processes were operative in the area. It will be exciting to take a modern exploration approach to this project.”

Amid nickel's emergence as a linchpin in the global economy fueled by its use in green technology and renewable energy, AEMC is strongly positioned for growth in the long term.

Latest News Release: https://alaskaenergymetals.com/news/closes-acquisition-of-the-angliers-belleterre-project-in-quebec/

Posted on Behalf of Alaska Energy Metals Corp.

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