Alaska Energy Metals Corp V.AEMC

AEMC Sells Exploration Data to KoBolt Metals

[MarketMakerss]

With a strategic focus on contributing to the global shift toward green technology, Alaska Energy Metals (AEMC.v AKEMF) is poised to become a key player in the nickel market, an essential metal in advancing sustainable and renewable energy solutions.

 

Yesterday, AEMC announced the partial sale of its previously purchased exploration data to a subsidiary of KoBold Metals, an exploration and mining company out of Silicon Valley known for its innovative use of machine learning and artificial intelligence in mineral exploration.

 

The data pertains to KoBold's Skolai Project, running adjacent to AEMC's flagship Nikolai Nickel Project in the Interior Alaska region.

 

Alaska Energy Metals Corporation President & CEO commented:

“We are pleased to recover some of our costs from the large exploration data set we bought earlier this year. KoBold owns claims that neighbour our Nikolai Nickel Project and I am confident they will put the data to good use. With it, it should accelerate their exploration efforts. We wish KoBold success in their search for magmatic nickel-copper sulfide deposits on their claims. Any discovery success in this emerging nickel district will benefit Alaska Energy Metals and Alaska generally.”

 

With a resource exceeding 1.5B pounds of nickel, 372M pounds of copper, 115M pounds of cobalt as detailed in the Maiden NI 43-101 Mineral Resource Estimate, AEMC's Nikolaio Project is "quickly evolving into one of the largest nickel resources on the continent".

 

On track to hit a resource growth target of reaching multiple billions of pounds of in situ 0.35% NiEq within 18 months, AEMC is advancing the project an aggressive, multi-drill approach, including up to 4 drill rigs moving next season.

 

Last week, AEMC additionally closed the acquisition of 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 and significant nickel prospects on adjacent claims appearing to trend onto the project, further adding to AEMC's potential to become a key supplier of nickel in the Americas.

 

Full News Release: https://alaskaenergymetals.com/news/sale-of-exploration-data-to-kobold-metals/

 

Posted on Behalf of Alaska Energy Metals Corp.