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Alaska Energy Metals Provides Corporate Update On Nikolai Nickel Project, Alaska And Announces Amendment To Restricted Share Plan And Grants Of Stock Options And Restricted Share Units
- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES - Highli...
About this update from Alaska Energy Metals Corporation
[{"type":"text","content":"Alaska Energy Metals Provides Corporate Update On Nikolai Nickel Project, Alaska And Announces Amendment To Restricted Share Plan And Grants Of Stock Options And Restricted Share Units- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES -Highlights:First-pass metallurgical testing from Eureka deposit, Nikolai nickel project, Alaska nearing completion; results anticipated in November 2025Eureka Internal \"Options Study\" nearing completion; will lead to Preliminary Economic Assessment to be published in 2026Continued pursuit of US government grant funding for Nikolai projectHydrometallurgical amenability testing to begin on Eureka concentratesIncentive stock options and restricted shares units granted VANCOUVER, BC, BC / ACCESS Newswire / October 17, 2025 / Alaska Energy Metals Corporation (TSX-V:AEMC)(OTCQB:AKEMF) (\"AEMC\" or the \"Company\") provides the following update on its activities.Metallurgical testing has been ongoing at SGS laboratories in Lakefield, Ontario. Various experimentation with magnetic separation and flotation has been done. A flow sheet has been established, and a locked cycle test is planned in the coming week. A bulk nickel - copper - cobalt concentrate will be produced, along with an iron - chromium concentrate. Further testing will be done to determine whether a separate copper concentrate can be extracted from the bulk concentrate in order to achieve better payability for copper. It is expected that results will be published in November 2025.Hydrometallurgical amenability testing is also planned. Concentrates produced during flotation tests over the past months at SGS will be tested by Lifezone to determine whether metals can be readily and efficiently separated by their proprietary process. This will be preliminary work and if results are positive more robust tests will be planned for 2026. Hydrometallurgical processing of metal concentrates from the Eureka deposit would allow production of semi-refined or refined nickel, copper and cobalt on site in Alaska for use in the US. This is viewed as a positive alternative to smelting at a foreign smelter.\"Options Study\". The Company has been conducting an Options Study on an internal basis to assess how a mine may be developed at Nikolai, and to give a surficial evaluation of project economics. The results of the work will not ...