Alaska Energy Metals Corp AKEMF

Primary Symbol: V.AEMC

Metals & Mining Industrial Metals & Minerals

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.

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Alaska Energy Metals Corp

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Post by MarketMakersson Jan 10, 2024 6:29pm

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Post# 35820467

AEMC Filed NI 43-101 & Commences MRE Update

Last week, Alaska Energy Metals (AEMC.v AKEMF) filed the NI 43-101 Technical Report for its Eureka Property at the Nikolai Nickel Project in Alaska!

Alaska Energy Metals President & CEO Gregory Beischer commented: “Based on historical drilling, we have been able to document over 1.5 billion pounds of nickel in an Inferred Resource. With the drilling our company executed in summer of 2023, the metal inventory should significantly increase. We are planning an aggressive drilling program in 2024 to expand the bulk tonnage resource further, and to explore for high-grade deposits.”

Additionally, AEMC engaged Stantec Consulting Services to complete an updated MRE for Eureka, set to incorporate the 8 diamond drill holes totaling 4,138m that were drilled during the 2023 exploration program.

This news follows AEMC's receipt of all assay results from its 2023 exploration program with the final two drill results from its Nikolai Nickel Project which confirmed the consistency of mineralization spanning 1.2-km of strike length along the Eureka Zone with mineralization open in all directions; demonstrating that the Zone remains consistent and homogenous as indicated by historical drilling.

Results from the eight holes drilled in 2023 confirm the consistency of mineralization spanning 1.2-km of strike length along the Eureka Zone with mineralization open in all directions

With a plan to drill the geophysical anomalies at the Canwell, Odie and Emerick prospects alongside the MRE in Q1, AEMC anticipates an ambitious, expanded program for the summer of 2024 with a strong foundation and increased confidence in the pipeline going forward.

Full News Release: https://alaskaenergymetals.com/news/ni-43-101-technical-report-for-the-eureka-property/

Posted on Behalf of Alaska Energy Metals Corp.

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