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ALASKA ENERGY METALS CORP - $akemf STOCK NEWS

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Alaska Energy Metals Corp. (AKEMF) releases a positive mining snapshot with an updated mineral resource estimate for its Nikolai Nickel Project in Alaska, showing significant increases in indicated and inferred resources. The company aims to become a major nickel source for the USA, targeting various sectors like stainless steel, electric vehicles, and renewable energy storage. Analysts suggest a potential rebound in nickel prices, making it an opportune time to explore nickel plays.
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3.45%
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Rhea-AI Summary
Energy Metals Corporation announces a significant increase in indicated and inferred mineral resources at the Nikolai Nickel Project in Alaska, USA. The updated mineral resource estimate shows an addition of 813 million tonnes of indicated resource, 896 million tonnes of inferred resource, and a decrease in strip ratio. The deposit now contains over 8 billion pounds of nickel and other critical metals. The higher-grade core zone within the deposit could positively impact project economics.
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3.57%
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Rhea-AI Summary
Alaska Energy Metals Corp's President and CEO, Gregory Beischer, discusses the company's Nikolai Nickel project, 2023 drill results, and upcoming drilling plans in an exclusive interview with Investorideas.com. The podcast also highlights the milestones achieved by the junior miner in a short time.
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Rhea-AI Summary
Alaska Energy Metals Corporation (AKEMF) has made significant progress in 2023, successfully rebranding and recapitalizing the company, purchasing a Quebec nickel project, and executing an aggressive drilling program at the Nikolai Nickel project. The company has also recovered a significant portion of the cost of purchasing an extensive database of exploration information by selling some of the information to a neighboring claim owner. The dataset contains geological, geochemical, geophysical, and drilling information costing tens of millions of dollars. The company has calculated a significant maiden nickel resource and identified drill targets to test for high-grade mineralization, with plans to publish an updated Mineral Resource Estimate for the Eureka Zone and receive bench-scale metallurgical test results. The company has also executed a drilling program consisting of eight diamond drill holes totaling 4,138 meters at the Eureka Zone of the Nikolai project, showing strike continuity of 1.2 kilometers of a mineralized zone. The deposits contain more than 680,000 tonnes of nickel with accessory copper, cobalt, chrome, iron, platinum, palladium, and gold. The company has brought in more than $15 million into the company treasury during challenging market conditions and is now executing a comprehensive market awareness program to position for the next phase of growth.
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3.45%
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Alaska Energy Metals Corporation has entered into additional investor awareness and marketing agreements with five vendors to deliver a comprehensive program starting in Q1 2024. The company has engaged the marketing services of Market Radius Capital Inc., InvestorIdeas.com DBA Econ Corp Services, and Triomphe Holdings Ltd. dba Capital Analytica, and renewed its Marketing Services Contract with MMG Market Medium GmbH & Co. KG. and its engagement with Gold Standard Media, LLC. The funding for this program comes from the proceeds of equity financings carried out in Summer 2023.
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Alaska Energy Metals Corporation (AEMC) has filed its National Instrument 43-101 Technical Report for its 100% owned Eureka Property, Nikolai Nickel Project in Alaska, USA. The Independent Mineral Resource Estimate (MRE) and technical report were prepared by Stantec Consulting Services, Inc. AEMC has engaged Stantec Consulting Services, Inc. to complete an updated MRE for its Eureka Property. The company is planning an aggressive drilling program in 2024 to expand the bulk tonnage resource further and to explore for high-grade deposits.
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Alaska Energy Metals Corporation (AEMC) has revealed high-grade mineralization prospects, including Canwell, Odie, and Emerick. Surface rock samples show assay results exceeding 5% nickel and 5% copper at the Canwell prospect. The geophysical surveys indicate strong conductive zones with magnetic highs beneath surface nickel-copper anomalies. The company plans to test high-potential drill targets in summer 2024.
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ALASKA ENERGY METALS CORP

OTC:AKEMF

AKEMF Rankings

AKEMF Stock Data

12.55M
85.42M
10.82%
0.46%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
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