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Alaska Energy Metals Files Updated NI 43-101 Technical Report for The Eureka Deposit, Nikolai Nickel Project, Alaska, USA
2025 Mineral Resource Estimate for Eureka Deposit Significantly Increases Tonnage, Metal Content ...
About this update from Alaska Energy Metals Corporation
[{"type":"text","content":"Alaska Energy Metals Files Updated NI 43-101 Technical Report for The Eureka Deposit, Nikolai Nickel Project, Alaska, USA2025 Mineral Resource Estimate for Eureka Deposit Significantly Increases Tonnage, Metal Content and GradeFindings Align With U.S. Government Effort to Strengthen Critical Mineral Supply Chains VANCOUVER, BC / ACCESS Newswire / April 22, 2025 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) (\"AEMC\" or the \"Company\") is pleased to announce that it has filed an Updated National Instrument 43-101 Technical Report (the \"Technical Report\" or the \"Report\") on SEDAR+ for its 100% owned Eureka Property, Nikolai Nickel Project in Alaska, USA.With the Nikolai deposit hosting seven Critical Minerals, two of which are Defense Production Act Title III materials \"essential for the national defense,\" the announcement aligns with a series of U.S. presidential executive orders to strengthen U.S. critical mineral supply chains, including EO 14241 \"Immediate Measures to Increase American Mineral Production\" and EO 14153 entitled \"Unleashing Alaska's Tremendous Resource Potential.\"Highlights of the Updated Technical Report and Mineral Resource Estimate include:The new Eureka deposit Mineral Resource Estimate (\"2025 MRE\") has increased the tonnage, metal content, and grade, relative to the 2024 Mineral Resource Estimate, dated February 12, 2024In situ Indicated resource contains 1,190 million tonnes at a grade of 0.30% NiEq (0.42% NiEq including chromium and iron), a 46% increase in tonnage.In situ Inferred resource contains 2,087 million tonnes at a grade of 0.28% NiEq (0.39% NiEq including chromium and iron), a 133% increase in tonnage.Chromium and iron have been included in the 2025 MRE. 7.88 billion pounds of chromium and 117 million tonnes of iron are added to the in situ Indicated resource (1,190 million tonnes grading 0.30% chromium and 9.87% iron). 12.29 billion pounds of chromium and 205 million tonnes of iron are added to the in situ Inferred resource (2,087 million tonnes grading 0.27% chromium and 9.80% iron).The Eureka Zone 2 (\"EZ2\"), within the Central Eureka deposit, contains an in situ Indicated resource of 818 million tonnes at a grade of 0.32% NiEq (0.44% NiEq with chromium and iron) and an in situ Inferred resource of 951 million tonnes at a grade of 0.31% NiEq (0.42% NiEq with chrom...