Alaska Energy Metals' (Ticker: $AEMC.v or $AKEMF for US investors) recent release of assay results garnered significant attention in the market. The company reached a 52-week high last week after releasing these results from its 2023 exploration program at the Nikolai Nickel Project in Central Alaska.
https://www.baystreet.ca/articles/breakoutstocks/91993/Alaska-Energy-at-52-Week-High-on-News
Located in Central Alaska, near existing transportation and power infrastructure, the Nikolai Nickel Project holds the potential to become a crucial source of critical and strategic energy-related metals for the American market.
AEMC reported assay results for four out of the eight drill holes completed during the campaign. These results confirm the consistency and homogeneity of mineralization along the project's 600m-long Eureka Zone.
What's even more promising is that the mineralization remains open in all directions, indicating the potential for further exploration and expansion of the resource.
The assay results from one hole in particular reveal a significant downhole intersection of 324.6 meters grading 0.34% Nickel Equivalent, with various other valuable elements, such as copper, cobalt, and precious metals like palladium, platinum, and gold.
Another hole boasted an impressive downhole intersection of 356.2 meters grading 0.34% Nickel Equivalent, also containing various valuable elements.
These positive developments underscore the potential significance of the Nikolai Nickel Project in securing a domestic source of critical and strategic metals. This can play a vital role in meeting the increasing demand for such resources, especially in the American market.
Full News Here: https://alaskaenergymetals.com/news/intersects-356-meters-nickel-extending-mineralization-at-nikolai/
Posted on behalf of Alaska Energy Metals Corp.