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Alaska Energy Metals Discovers Broad Zones of Nickel with Other Critical Metals at Canwell Property, Nikolai Project, Alaska
DISTRICT - WIDE POTENTIAL OF THE NIKOLAI ULTRAMAFIC INTRUSIONS HAS BEEN DEMONSTRATED HIGHLIGHTS Alaska Energy Metals received assay results from three drill hol
About this update from Alaska Energy Metals Corporation
[{"type":"text","content":" DISTRICT - WIDE POTENTIAL OF THE NIKOLAI ULTRAMAFIC INTRUSIONS HAS BEEN DEMONSTRATED HIGHLIGHTS Alaska Energy Metals received assay results from three drill holes completed on the Canwell claim block at the Emerick, Odie and Upper Canwell prospects. Significant thicknesses of polymetallic mineralization were intersected including: CAN-24-001 (Emerick) - 56.5 meters @ 0.40% nickel equivalent (NiEq) (0.26% Ni, 0.62% Cr, 7.00% Fe, 0.012% Co, 0.01% Cu, 0.019 ppm Pd, 0.032 ppm Pt & 0.007 ppm Au) CAN-24-002 (Odie) – 193.6 meters @ 0.42% NiEq (0.26% Ni, 0.69% Cr, 8.58% Fe, 0.01% Cu, 0.014% Co, 0.035 ppm Pd, 0.041 ppm Pt and 0.007 ppm Au) CAN-24-003 (Canwell) – 429.3 meters @ 0.39% NiEq (0.24% Ni, 0.64% Cr, 8.12% Fe, 0.01% Cu, 0.013% Co, 0.031 ppm Pd, 0.035 ppm Pt and 0.007 ppm Au), including 1.4 meters @ 0.93 NiEq (0.65% Ni, 0.66% Cr, 8.90% Fe, 0.06% Cu, 0.021% Co, 0.275 ppm Pd, 0.246 ppm Pt and 0.012 ppm Au) District-wide potential has been demonstrated. All three prospects are located ~30 kilometers from the Company’s Eureka deposit which has a current Mineral Resource Estimate (Nikolai Mineral Resource Estimate Technical Report Amended and Updated, Derek Loveday and Allan Schappert, April 12th, 2024) containing more than 3.9 billion pounds of nickel in the Indicated category (813 million tonnes grading 0.22% nickel) and more than 4.2 billion pounds of nickel in the Inferred category (896 million tonnes grading 0.21% nickel). The confirmation of nickel mineralization has provided valuable data on the potential for additional nickel mineralization systems across the Nikolai district. These results provide the justification for additional drilling at Canwell with the goal of expanding disseminated sulfides zones and testing for massive sulfide mineralization. VANCOUVER, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) is pleased to announce analytical results of its 2024 inaugural exploration drilling program at the Canwell claim block, which forms part of the Nikolai Project in Alaska. The Canwell prospects, Emerick, Odie and Upper Canwell, are located approximately 30 kilometers (km) northeast of the Company’s nickel-rich Eureka deposit, which contains five materials designated by the US Government as critical metals: nickel, cobalt, chromi...