TSXV:AEMC - Post Discussion
Post by
MarketMakerss on Nov 06, 2023 4:55pm
AEMC's "aggressive, multi-drill approach" & growth target
"Aggressive, multi-drill approach, high-confidence confirmation of historical work, and resource growth target of reaching multiple billions of pounds of in situ 0.35% NiEq within 18 months."
The electric vehicle revolution has created a massive anticipated increase in demand for nickel due to its use in EV battery production, thus, to bring the amount of supply required online, the price of nickel is going to significantly rerate as demand increases.
With this, Alaska Energy Metals' (AEMC.v AKEMF) Nikolai Nickel Project is well situated to become a significant, domestic source of critical and strategic energy-related metals for the American market. For more information, refer to Financial Gambit's latest feature on AEMC: https://financialgambits.com/aemc-jri/
Aggressively pursuing 10,000's of meters of drilling within an 18 month span and planning to have up to 4 rigs moving next season, AEMC has been substantially advancing Nikolai ahead of publishing an Inferred Resource calculation once the remaining assays have been received.
The latest results from Nikolai confirmed 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.
Located in central Alaska, a tier-1 pro-resource jurisdiction, AEMC is on track for substantial catalysts and inferred pounds added to its 100% owned, multi-billion pound nickel potential Nikolai Nickel Project.
Posted on Behalf of Alaska Energy Metals Corp.
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