Alaska Energy Metals Corporation · TSXV:AEMC
Alaska Energy Metals — Investor Presentation (October 2023)
21 slides from Alaska Energy Metals's investor presentation, October 2023
Slide 1: Unlocking Alaska's Critical and Strategic Metals for America's Electric Future
UNLOCKING ALASKA’S CRITICAL AND STRATEGIC METALS FOR AMERICA’S ELECTRIC FUTURE Nikolai Ni-Cu-Co-Cr-Fe-PGM Project TSX.V: AEMC OTCQB: AKEMF alaskaenergymetals.com October 2023 FRA: V7F
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains information and projections that constitute forward-looking information under applicable securities laws. Such forward-looking information includes, without limitation, statements based on current expectations involving a number of risks and unce
Slide 3: The New Demand for Nickel: Stainless Steel Now Batteries
THE NEW DEMAND FOR NICKEL: There is 29 kg or 64 pounds of nickel STAINLESS STEEL NOW BATTERIES in every average EV battery TSX.V: AEMC | OTCQB: AKEMF alaskaenergymetals.com
Slide 4: US Department of Energy: Nickel Going Critical
US DEPARTMENT OF ENERGY: NICKEL GOING CRITICAL • Total demand for nickel, cobalt and lithium in the US is expected to multiply by 23 times by 2035 (S&P) • Steady supply of nickel is crucial for a smooth transition to EVs • US Inflation Reduction Act is driving enormous demand for energy metals but p
Slide 5: Nikolai Project: Value Proposition "Possible Mineral Deposit"
NIKOLAI PROJECT: VALUE PROPOSITION “Possible Mineral Deposit” Note: AEMC’s “Possible Mineral Deposit” (43-101 2.3(2)) potential quantity and grade is conceptual in nature and there has not been sufficient drilling to calculate a Mineral Resource. It is uncertain whether further exploration will resu
Slide 6: Alaska Energy Metals Corporation: Management Team
ALASKA ENERGY METALS CORPORATION: MANAGEMENT TEAM GREGORY BEISCHER DAVE CROSS KYLE NEGRI TRACI HARTZ GABE GRAF JANICE DAVIES President, CEO, Director CFO VP Exploration VP Administration Chief Geoscientist Corporate Secretary A dynamic team with proven discovery and execution ability: Greg Beischer:
Slide 7: Alaska Energy Metals: Directors and Advisory Board
ALASKA ENERGY METALS: DIRECTORS AND ADVISORY BOARD PETER J. CHILIBECK LARRY J. COOPER TYRON BREYTENBACH ALEX STEINER LARRY HULBERT CORRI FEIGE Director Director Advisor Advisor Advisor Director Chair – Corp. Governance Chair – Compensation Chair - Audit Corri Feige: Geophysicist and engineer with 35
Slide 8: Alaska Energy Metals: Capital Structure
ALASKA ENERGY METALS: CAPITAL STRUCTURE Current Share Structure – Oct 28, 2023 Issued and Outstanding: 51,092,744 Options: 4,720,260 Warrants: 13,667,260 Fully Diluted: 69,480,004 Recent Price: $0.58 Market Cap: ~$29 M RECENT FINANCINGS April 2023 LIFE PP: $2.7 million C$0.28 / No warrants July 2023
Slide 9: Nikolai Nickel Project: Location Map
NIKOLAI NICKEL PROJECT: LOCATION MAP Tier-1, pro-resource jurisdiction Alaska ranked 4th on the 2021 Fraser Institute for mining investment Nikolai Development friendly area Paved highway access Alaska Railroad and main electrical grid ~100km away Paved road access to deep water Port of Valdez TSX.V
Slide 10: Nikolai Nickel Project: Claim Map
NIKOLAI NICKEL PROJECT: CLAIM MAP • Two separate State of Alaska mining claim blocks • Eureka Claim Block: 104 mining Canwell claims covering 22,400 acres or 9,064 hectares - owned outright • 63 mining claims covering 10,056 acres Canwell Claim Block: or 4,069 Maclaren River hectares – option to pur
Slide 11: Nikolai Nickel Project: Eureka Zone Cross Section
NIKOLAI NICKEL PROJECT: EUREKA ZONE CROSS SECTION • Three discrete zones of mineralization have been defined within drill holes in the Eureka Zone 2: 1) Upper Eureka Zone 2 (UEZ2) 2) Core Eureka Zone 2 (CEZ2) Geology Legend 3) Lower Eureka Zone 2 (LEZ2) Overburden Gabbro • Mineralization on this sec
Slide 12: Eureka Disseminated Mineralization in Drill Core
EUREKA DISSEMINATED MINERALIZATION IN DRILL CORE EZ-23-001: ~390.2m – 390.4m: serpentinized Dunite ~10% anhedral, interstitial, disseminated sulfides (Pentlandite, Chalcopyrite, Pyrrhotite) AEMC Sample D00429199 (389.5m - 391.0m): 0.26% Ni, 0.21% Cu, 0.03% Co, 150 ppb Pd, 80 ppb Pt, 38 ppb Au (0.47%
Slide 13: Eureka Zone Ni/Cu/PGM Deportment
EUREKA ZONE Ni/Cu/PGM DEPORTMENT Microprobe Results (UBC) Eureka Pentlandite Averages (20 Grains) Fe WT% Co WT% Ni WT% S WT% TOTAL 38.53 1.30 27.15 33.01 100.00 Eureka Pyrrhotite Averages (22 Grains) Fe WT% Co WT% Ni WT% S WT% TOTAL 62.72 0.00 0.01 36.69 99.42 Chalcopyrite was the main copper bearin
Slide 14: Nikolai Project: 2023 Exploration Program ($5.5M)
NIKOLAI PROJECT: 2023 EXPLORATION PROGRAM ($5.5M) Note: AEMC’s “Possible Mineral Deposit” (43-101 2.3(2)) potential quantity and grade is conceptual in nature and there has not been sufficient drilling to calculate a Mineral Resource. It is uncertain whether further exploration will result in the es
Slide 15: Nikolai Project: 2024 Exploration Strategy ($15.0M)
NIKOLAI PROJECT: 2024 EXPLORATION STRATEGY ($15.0M) Note: AEMC’s “Possible Mineral Deposit” (43-101 2.3(2)) potential quantity and grade is conceptual in nature and there has not been sufficient drilling to calculate a Mineral Resource. It is uncertain whether further exploration will result in the
Slide 16: North American Peer Comparison
NORTH AMERICAN PEER COMPARISON 16.0 Possible Mineral Deposit (see (NI43-101 2.3(2)) and see notes on prior slide 0.60 Calculated metal equivalents are presented on an in-situ basis assuming 100% 14.0 recovery. Cr, Fe, Ag and Rh are not included in the calculations. Numbers may vary due to rounding.
Slide 17: Canwell Block Surface Prospects
CANWELL BLOCK SURFACE PROSPECTS Ni 13.6% Cu 4.5% Au 1.2 g/t Pt 5.5 g/t Pd 15.5 g/t Canwell Canyon Woody Verona Pick Plateau Os 0.3 g/t Odie Ir 0.3 g/t Forbes Ru 0.6 g/t Emerick Red Knob Rh 0.2 g/t Value = $5,000/t USD • Zones of massive and disseminated sulfides are exposed in places at surface on t
Slide 18: Canwell Block Odie Prospect Drill Target
CANWELL BLOCK ODIE PROSPECT DRILL TARGET Mapped Ultramafic Rocks Surface Rock Sample • CSAMT and EM geophysical surveys show 1.1% Ni, 0.52% Cu, 1.83g/t Pd strong, magnetic conductive zone within 1.44 g/t Pt & 0.36 g/t Au ultramafic rocks that have nickel – copper occurrences at surface. • AEMC plans
Slide 19: Timing of Events and Milestones
TIMING OF EVENTS AND MILESTONES Publish Maiden Resource Start of 2024 Exploration Updated Resource Campaign (16,000m drilling) Calculation Calculations November December March April June 2023 2023 2024 2024 2024 Receipt of All 2023 Completion of Assays Results Deportment, Grindability and Flotation
Slide 20: Alaska Energy Metals: Extraordinary Opportunity
ALASKA ENERGY METALS: EXTRAORDINARY OPPORTUNITY • Alaska Energy Metals intends to explore, delineate and develop a large deposit of critical and strategic metals needed to help transition to an electric energy dominated society. • Nikolai Project: Nickel, Copper, Cobalt, Chrome, Iron, precious metal
Slide 21: Unlocking Alaska's Critical and Strategic Metal for America's Future
UNLOCKING ALASKA’S CRITICAL AND STRATEGIC METAL FOR AMERICA’S FUTURE Nikolai Ni-Cu-Co-Cr-Fe-PGM Project
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