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Alaska Energy Metals Corp V.AEMC

Alternate Symbol(s):  AKEMF

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.


TSXV:AEMC - Post by User

Post by GoldPathfinderon Sep 25, 2020 9:32am
172 Views
Post# 31619369

Fast tracked for the 7m thick quartz vein.

Fast tracked for the 7m thick quartz vein.

Executive Summary

• Assays from Aurora Prospect drill hole 20AU07 (hole #7) have been fast tracked for the 7m thick quartz vein from 488m in hole #7. Assays for this zone are expected in less than 2 weeks

• Drilling is planned to commence in early November at the Aurora Prospect from same drill pad as hole #7. Two (2) follow up drill holes for 1100m of diamond core drilling will be completed

• Track work to E1 Prospect, Eagle Block continues. A series of trenches* will be excavated by heavy machinery to allow detailed sampling and mapping of potentially mineralised structures

• Follow up drill planning at the E1 Prospect will be held over until assay results from the trenching are received and prioritisation of drilling resources will be allocated to the Aurora Prospect.• Regional field work programs have concluded for the summer field season and samples are being submitted for assays with results to be announced over the coming months.

• Resolution is on track to complete the first year earn-in requirements on the 64North Project and secure a 30% interest in the project. The first year requires US$5 million in exploration expenditure of which US$1 million must be focussed on regional targets.


https://www.resolutionminerals.com/investor-center/operations-update-64north-project-25-sept/
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