Alaska Energy Metals Files Updated NI 43-101 Technical Report for the Eureka Deposit, Nikolai Nickel Project, Alaska, USA - Seite 2

The Report titled “Nikolai Mineral Resource Estimate Technical Report” is dated March 13th, 2024 and supports the disclosure made by the company in its February 12, 2024 press release titled “Alaska Energy Metals Significantly Increases NI 43-101 Mineral Resource Estimate For The Eureka Deposit, Nikolai Nickel Project, Alaska, USA.”

The Independent MRE and Updated Technical Report were prepared by Stantec Consulting Services, Inc. in accordance with National Instrument 43-101 regulations. The Report can be found under the Company’s profile on SEDAR+ (www.sedarplus.ca) and on the Alaska Energy Metals website (www.alaskaenergymetals.com).

Alaska Energy Metals President & CEO Gregory Beischer commented: “It was fortunate that the spacing of the eight holes we drilled in 2023 allowed us to include 35 other holes that were drilled historically. This, in turn, allowed our consultant, Stantec, to produce a larger-than-expected Mineral Resource Estimate update. We now have a very substantial nickel deposit with a higher-grade core that could be mined early with a 0:1 strip ratio. This feature will be important for project economics. The deposit is open in all directions and the higher-grade zone, which projects to the southeast, will be drill tested during our planned 2024 drill program. So far, our discovery-exploration cost amounts to about one-tenth of a cent per pound of nickel discovered. This is a very good result for the funds entrusted to us by our shareholders.”

QUALIFIED PERSON
Mr. Derek Loveday, P. Geo. of Stantec Consulting Services Inc. is the independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and has prepared, or supervised the preparation of, or has reviewed and approved, the scientific and technical data pertaining to the MRE and technical report. Mr. Loveday declares he has read this press release and that the scientific and technical information relating to the resource estimate are correct.

Gabriel Graf, the Company’s Chief Geoscientist, is the qualified person, as defined under NI 43-101 having reviewed and approved all other scientific and technical information contained in this news release.

For additional information, visit: https://alaskaenergymetals.com/ 

ABOUT ALASKA ENERGY METALS
Alaska Energy Metals Corporation (AEMC) is an Alaska-based corporation with offices in Anchorage and Vancouver working to sustainably deliver the critical materials needed for national security and a bright energy future, while generating superior returns for shareholders.