Alaska Energy Metals has received results for two additional diamond drill holes from its 2023 exploration programme at Nikolai Nickel Project; in total, assay results for six drill holes have been received and two remain pending.
Highlights:
- Assay results from drill hole EZ-23-004 returned the following downhole intersection: 317.2 m @ 0.34% Nickel Equivalent (“NiEq”) (0.23% Ni, 0.08% Cu, 0.02% Co, 0.109 g/t Pd, 0.049 g/t Pt and 0.012 g/t Au). The Core Eureka Zone, included in the intersection above, graded 93.0 m @ 0.40% NiEq (0.26% Ni, 0.13% Cu, 0.02% Co, 0.34% Cr, 10.51% Fe, 0.164 g/t Pd, 0.069 g/t Pt and 0.020 g/t Au). EZ-23-004 was collared approximately 560 m southeast of EZ-23-002.
- Assay results from drill hole EZ-23-006 returned the following downhole intersection: 192.5 m @ 0.30% NiEq (0.21% Ni, 0.05% Cu, 0.02% Co, 0.078 g/t Pd, 0.039 g/t Pt and 0.012 g/t Au). EZ-23-006 was collared approximately 300 m northwest of EZ-23-002.
- The results from holes EZ-23-002, EZ-23-004, & EZ-23-006 confirm the consistency of mineralisation spanning 860 m of strike length along the Eureka Zone. The mineralisation remains open in all directions.
Alaska Energy Metals President and CEO Gregory Beischer commented: “These two holes further increase the drilled strike extent of the Eureka Zone to 860 m. With results from the remaining two drill holes anticipated soon, we can begin calculating an updated Inferred Resource and complete metallurgical studies. Drilling results are consistent with historical drill holes, which intermittently trace out a strike extent of more than 10 km for the mineralised zone. The nickel–copper sulfide mineralisation is remarkably homogeneous.”