AEMC's Successful Nikolai Nickel Project Exploration Program Earlier this week, Alaska Energy Metals (ticker: AEMC.v or AKEMF for US investors) released the final assay results from its 2023 exploration program at the Nikolai Nickel Project in Interior Alaska, marking a successful conclusion to the campaign. The results from the last two diamond drill holes, EZ-23-007 and EZ-23-008, provide valuable insights into the mineralization at Core Eureka Zone, confirming the consistency and continuity of mineralization over a 1.2-kilometer strike length along the project's Eureka Zone.
Key Findings:
Drill Hole EZ-23-007: This hole, located approximately 250 meters northwest of EZ-23-005, intersected a significant downhole mineralization of 310.4 meters at 0.32% Nickel Equivalent (NiEq). The Core Eureka Zone within this intersection graded 93.6 meters at 0.36% NiEq. The mineralization is hosted in a pervasively serpentinized peridotite and remains open in all directions.
Drill Hole EZ-23-008: Positioned around 300 meters northwest of EZ-23-006, this hole revealed a downhole intersection of 318.6 meters at 0.31% NiEq, with the Core Eureka Zone grading 67.2 meters at 0.33% NiEq. Similar to EZ-23-007, the mineralization is hosted in a pervasively serpentinized peridotite and is open in all directions.
Consistency and Continuity: The results from all eight drill holes in 2023 affirm the consistent mineralization along a 1.2-kilometer strike length on the Eureka Zone. The mineralization remains open in all directions, indicating the potential for further expansion.
Future Plans: With these conclusive assay results, Alaska Energy Metals is poised to update its Mineral Resource Inventory in the first quarter of 2024. President & CEO Gregory Beischer expressed confidence in the exploration pipeline and hinted at an ambitious, expanded program for the summer of 2024. Metal deportment studies and metallurgical testing are underway.
National Impact: Alaska Energy Metals emphasizes its commitment to responsible resource development and aims to contribute to a domestic supply of nickel, crucial for various industries and America's energy future.
The successful conclusion of the 2023 exploration program positions Alaska Energy Metals to further unlock the potential of the Nikolai Nickel Project, reinforcing its significance in the quest for a stable nickel supply for the United States.
Full press release:
https://alaskaenergymetals.com/news/announces-final-drill-results-from-2023-exploration-program/
Posted on behalf of Alaska Energy Metals Corp.