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Bullboard - Stock Discussion Forum Alaska Energy Metals Corp AKEMF


Primary Symbol: V.AEMC

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... see more

TSXV:AEMC - Post Discussion

Alaska Energy Metals Corp > Fast tracked for the 7m thick quartz vein.
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Post by GoldPathfinder on Sep 25, 2020 9:32am

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/
Comment by Wantonfuey on Sep 25, 2020 10:04am
Millrock's geo stated in 2019 they were looking for a 6-8meter thick quartz vein--at a depth of a few hundred feet above Pogo's vein across the nearby river.  A fault lies between the contiguous sites.  Their JV partner found just that.  I bet EMX is getting fired up--they predicted it.
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