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Alaska Energy Metals announces final drill results from 2023 exploration programme

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Global Mining Review,


Alaska Energy Metals Corp. has announced assay results from drill holes EZ-23-007 & EZ-23-008, which marks the receipt of all assay results from the company’s 2023 exploration programme at its 100% owned Nikolai Nickel Project in Interior Alaska, during which eight diamond drill holes were drilled.

Highlights:

  • Alaska Energy Metals has received results for the final two diamond drill holes from its 2023 exploration program at Nikolai.
  • Assay results from drill hole EZ-23-007 returned the following downhole intersection: 310.4 m @ 0.32% Nickel Equivalent (NiEq) (0.21% Ni, 0.08% Cu, 0.02% Co, 0.106 g/t Pd, 0.052 g/t Pt and 0.013 g/t Au). The Core Eureka Zone, included in the intersection above, graded 93.6 m @ 0.36% NiEq (0.22% Ni, 0.13% Cu, 0.02% Co, 0.157 g/t Pd, 0.075 g/t Pt and 0.014 g/t Au). EZ-23-007 was collared approximately 250 m northwest of EZ-23-005.
  • Assay results from drill hole EZ-23-008 returned the following downhole intersection: 318.6 m @ 0.31% NiEq (0.21% Ni, 0.07% Cu, 0.02% Co, 0.090 g/t Pd, 0.042 g/t Pt, and 0.012 g/t Au). The Core Eureka Zone, included in the intersection above, graded 67.2 m @ 0.33% NiEq (0.21% Ni, 0.10% Cu, 0.02% Co, 0.117 g/t Pd, 0.057 g/t Pt and 0.013 g/t Au). EZ-23-008 was collared approximately 300 m northwest of EZ-23-006.
  • The results from the eight holes drilled in 2023 confirm the consistency of mineralisation spanning 1.2 km of strike length along the Eureka Zone. The mineralisation remains open in all directions.

Gregory Beischer, Alaska Energy Metals President & CEO, comments:

“With these final 2023 drilling program assay results in hand, we can now work to calculate an update to our Mineral Resource Inventory. We anticipate producing this update in 1Q24. Metal deportment studies and metallurgical testing have been initiated. With a strong foundation and increased confidence in the exploration pipeline, based on the highly positive results received from this year’s drilling program, we anticipate an ambitious, expanded program for the summer of 2024. We remain dedicated to responsible resource development and will continue to work towards uncovering a domestic supply of nickel, which is essential to a growing number of industries and critical for America’s energy future.”

Read the article online at: https://www.globalminingreview.com/mining/28122023/alaska-energy-metals-announces-final-drill-results-from-2023-exploration-programme/

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US mining news Nickel mining news North American mining news