Alaska Energy Metals Corporation · TSXV:AEMC
Alaska Energy Metals — Investor Presentation (January 2024)
25 slides from Alaska Energy Metals's investor presentation, January 2024
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 January 2024 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: Nikolai Project: Mineral Resource Estimate
NIKOLAI PROJECT: MINERAL RESOURCE ESTIMATE Inferred Mineral Resource Tonnes and Grade Base and Battery Metals PGM and Precious Metals Total NiEq Cutoff Tonnes Area Mineralized Zone Ni Cu Co Pt Pd Au Ni Eq* (%) (MT) (%) (%) (%) (g/T) (g/T) (g/T) (%) Eureka East Eureka Zone 2 (EZ2) >= 0.200 88.6 0.24
Slide 4: 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 5: US Department of Energy: Nickel Going Critical
US DEPARTMENT OF ENERGY: NICKEL GOING CRITICAL Nickel: • Total demand for nickel, cobalt and lithium in the US is Important expected to multiply by 23 times by 2035 (S&P) for Energy • Steady supply of nickel is crucial for a smooth transition with High to EVs Supply Risk • US Inflation Reduction Act
Slide 6: Nikolai Project: Mineral Resource Estimate
NIKOLAI PROJECT: MINERAL RESOURCE ESTIMATE Note: Mineral Resource Estimates are not mineral reserves and do not have demonstrated economic viability. • Purchased data set - $1.0 million West Eureka 1,422 million pounds • Calculated Maiden Mineral Resource Estimate @ 0.28% NiEq East Eureka Inferred R
Slide 7: Nikolai Project: 2023 Drill Program
NIKOLAI PROJECT: 2023 DRILL PROGRAM 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 estimation of a
Slide 8: 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 9: 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 10: Alaska Energy Metals: Directors and Advisory Board
ALASKA ENERGY METALS: DIRECTORS AND ADVISORY BOARD CORRI FEIGE PETER J. CHILIBECK LARRY J. COOPER TYRON BREYTENBACH ALEX STEINER LARRY HULBERT MARK BEGICH Director Director Director Advisor Advisor Advisor Chair – Corp. Governance Chair – Compensation Director Chair - Audit Corri Feige: Geophysicist
Slide 11: Alaska Energy Metals: Capital Structure
ALASKA ENERGY METALS: CAPITAL STRUCTURE Current Share Structure – January 8, 2023 Issued and Outstanding: 86,517,061 Options: 4,447,500 Warrants: 17.496,108 Fully Diluted: 108,460,669 Recent Price: $0.38 Market Cap: ~$31 M FINANCINGS April 2023 LIFE PP: $2.7 million C$0.28 / No warrants July 2023 no
Slide 12: 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 13: Nikolai Nickel Project: Location Map
NIKOLAI NICKEL PROJECT: LOCATION MAP • Two claim blocks; Eureka and Canwell. Delta Junction • 80 km (60 miles) south of Delta Junction – a transportation hub. • Richardson Highway – paved read-round highway. • Denali Highway – wide gravel seasonal Maclaren River road. Canwell • Eureka Elevation 1,50
Slide 14: 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 p
Slide 15: 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 16: TSX.V: AEMC | OTCQB: AKEMF alaskaenergymetals.com
TSX.V: AEMC | OTCQB: AKEMF alaskaenergymetals.com
Slide 17: 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 18: 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 19: North American Peer Comparison
Calculated metal equivalents are presented on an in-situ basis, NORTH AMERICAN PEER COMPARISON assuming 100% recovery. Cr, Fe, Ag and Rh are not included in the calculations. Numbers may vary due to rounding. 16.0 0.60 Total NiEq Blbs 0.51 14.0 Total Ni Blbs 0.50 12.0 NiEq Grade % 0.39 0.40 Billion
Slide 20: 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 21: 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 22: Nikolai Project: Timing of Events and Milestones
NIKOLAI PROJECT: TIMING OF EVENTS AND MILESTONES Publish Maiden Resource Updated Resource Start of 2024 Exploration Calculation Calculations Campaign (15,000m drilling) November December March April June 2023 2023 2024 2024 2024 Receipt of All 2023 Completion of Assays Results Deportment, Grindabili
Slide 23: Angliers-Belleterre Nickel Project, Quebec
ANGLIERS – BELLETERRE NICKEL PROJECT, QUEBEC • Alaska Energy Metals has recently acquired the Angliers – Belleterre nickel project in eastern Quebec. • The property has potential for high grade Kambalda – style nickel copper deposits. • A Quebec project opens up the possibility of accessing flow- th
Slide 24: 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 25: 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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