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Alaska Energy Metals Extends Higher-Grade Core Zone Mineralization ~600 Meters to the Southeast and Intersects Coarse-Grained Magmatic Sulfides, Eureka Deposit, Nikolai Project, Alaska
HIGHLIGHTS Alaska Energy Metals received assay results from two of four drill holes completed during the 2024 Eureka resource expansion drill program. Assay res
About this update from Alaska Energy Metals Corporation
[{"type":"text","content":" HIGHLIGHTS Alaska Energy Metals received assay results from two of four drill holes completed during the 2024 Eureka resource expansion drill program. Assay results confirm the continuation of the higher-grade core zone ~600 meters to the southeast. Core zone estimated true thickness intersections include: EZ-24-009 – 67.3 meters @ 0.39% nickel equivalent (NiEq) (0.25% Ni, 0.14% Cu, 0.019% Co, 0.156 ppm Pd, 0.061 ppm Pt and 0.030 ppm Au), plus 0.34% Cr and 10.13% Fe EZ-24-010 – 72.5 meters @ 0.39% NiEq (0.25% Ni, 0.14% Cu, 0.020% Co, 0.154 ppm Pd, 0.061 ppm Pt and 0.023 ppm Au), plus 0.35% Cr and 10.90% Fe Coarse-grained magmatic sulfides have been intersected for the first time at the Eureka Zone. These sulfides were intersected at the top of the core zone near the contact with a late-stage gabbroic dike. The sampled interval assayed: EZ-24-009 – 5.3 meters @ 0.63% NiEq (0.45% Ni, 0.19% Cu, 0.025% Co, 0.267 ppm Pd, 0.032 ppm Pt and 0.018 ppm Au), plus 0.50% Cr and 10.06% Fe,; Including 0.9 meter @ 0.95 NiEq (0.72% Ni, 0.18% Cu, 0.035% Co, 0.398 ppm Pd, 0.030 ppm Pt and 0.011 ppm Au), plus 0.47% Cr and 10.61% Fe Significant estimated true thicknesses of polymetallic mineralization for entire Eureka Zone 2 mineralization intercepts include: EZ-24-009 – 308.2 meters @ 0.30% NiEq (0.21% Ni, 0.08% Cu, 0.017% Co, 0.089 ppm Pd, 0.040 ppm Pt and 0.017 ppm Au), plus 0.30% Cr and 9.59% Fe EZ-24-010 – 320.8 meters @ 0.31% NiEq (0.22% Ni, 0.07% Cu, 0.017% Co, 0.095 ppm Pd, 0.040 ppm Pt and 0.014 ppm Au), plus 0.32% Cr and 10.01% Fe VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) is pleased to announce assay results from drill holes EZ-24-009 & EZ-24-010. The holes were drilled as part of the Company’s 2024 Eureka resource expansion drill program at its 100% owned Nikolai Project in Central Alaska (Figure 1). Four diamond drill holes, totaling 1597.6 meters (m), were drilled during the exploration campaign (Figure 2). Results from drill holes EZ-24-011 and EZ-24-012 are pending and will be released up receipt and validation. Alaska Energy Metals Chief Geologist Gabe Graf commented: “These two drill holes further increase the drilled strike extent of the Eureka Zone by 600 meters and confirms the higher-grade core zone extends to the so...