AEMC's 2023 Exploration Reveals Promising Nickel Reserves Nickel's properties make it a key component in lithium-ion batteries, providing durability and enhancing corrosion resistance in stainless steel. As highlighted in the article below, nickel plays a crucial role in the global effort toward a low-carbon future, contributing significantly to clean energy technologies and climate change mitigation.
https://nickelinstitute.org/en/nickel-and-a-low-carbon-future/
Alaska Energy Metals (ticker: AEMC.v or AKEMF for US investors) aims to contribute to the domestic supply of nickel, crucial for various industries and America's energy future. Today, AEMC closed up 5% with healthy volume.
AEMC recently successfully concluded its 2023 exploration program at its Nikolai Nickel Project in Alaska. The final assay results from drill holes EZ-23-007 and EZ-23-008 confirm consistent and continuous mineralization over a 1.2-kilometer strike length along the Eureka Zone.
Drill hole EZ-23-007 intersected 310.4 meters at 0.32% Nickel Equivalent (NiEq), while EZ-23-008 revealed 318.6 meters at 0.31% NiEq. The mineralization is hosted in a serpentinized peridotite and remains open in all directions.
All eight drill holes in 2023 show consistent mineralization, and AEMC plans to update its Mineral Resource Inventory in Q1 2024. The successful exploration program positions the company to unlock the potential of the Nikolai Nickel Project.
CEO Gregory Beischer expressed confidence in the exploration pipeline and hints at an ambitious program for the summer of 2024. Metal deportment studies and metallurgical testing are underway.
Full results here: https://alaskaenergymetals.com/news/announces-final-drill-results-from-2023-exploration-program/
Posted on behalf of Alaska Energy Metals Corp.