AEMC at Red Cloud's Mining Showcase 2023 (Breakdown) Alaska Energy Metals (Ticker: AEMC.v or AKEMF for US investors) took center stage at Red Cloud's Fall Mining Showcase 2023 as Greg Beischer, the CEO, President, and Director, presented a compelling overview of the company's exciting developments.
Full Presentation Video:
Project Background
The presentation delves into AEMC's Nikolai Nickel Project in Central Alaska, highlighting its historical significance and the potential it holds for the growing demand in the electric vehicle market.
Beischer emphasizes the critical need for a domestic nickel source in the United States, especially in light of the increased demand for nickel in electric vehicle production. The strategic positioning of the project and its potential to address the vulnerability of the U.S. on metal supply, particularly nickel, is a key focus.
Exciting Exploration Activities
The video provides insights into AEMC's recent exploration activities, including the successful drilling program that uncovered a significant nickel deposit. Beischer outlines key aspects of the nickel deposit, such as its thickness, nickel sulfide content, and the presence of additional valuable metals like copper, cobalt, platinum, and gold.
Beischer also discusses the potential recoverability of the minerals and outlines the steps AEMC is taking to understand the metallurgical properties of the property. He notes that at least 90% of the nickel is in the form of pentlandite, a common nickel sulfide that is readily recoverable.
Market Response
With AEMC's share prices already experiencing an upswing from 30 cents to around 60 cents throughout the year, investors are taking notice. The presentation's emphasis on the company's solid board, technical expertise, and strategic partnerships further supports the positive market sentiment.
Future Plans
Overall, the video clearly outlines upcoming milestones such as resource estimation, metallurgical testing, and drilling. These represent multiple potentially impactful catalysts that both existing and potential investors can look out for going forward
Company Website: https://alaskaenergymetals.com/
Posted on behalf of Alaska Energy Metals Corp.