Alaska Energy Metals Corporation has announced promising results from its inaugural exploration drilling program at the Canwell claim block, part of the Nikolai Project in Alaska. The findings indicate broad zones of nickel and other critical metals, highlighting the district-wide potential of the Nikolai ultramafic intrusions.
The Canwell claim block is part of the Nikolai Project, situated in a region known for its rich deposits of critical metals. The recent drilling program utilized a surface diamond drill rig to explore three target prospects: Emerick, Odie, and Upper Canwell. Each hole was strategically placed to test geological, geophysical, and geochemical targets, totaling 1,047.9 meters of drilling.
The assay results from the three drill holes are as follows:
| Drill Hole | Location | Depth (meters) | Nickel Equivalent (%) | Nickel (%) | Chromium (%) | Iron (%) | Cobalt (%) | Copper (%) | Palladium (ppm) | Platinum (ppm) | Gold (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CAN-24-001 | Emerick | 56.5 | 0.40 | 0.26 | 0.62 | 7.00 | 0.012 | 0.01 | 0.019 | 0.032 | 0.007 |
| CAN-24-002 | Odie | 193.6 | 0.42 | 0.26 | 0.69 | 8.58 | 0.014 | 0.01 | 0.035 | 0.041 | 0.007 |
| CAN-24-003 | Canwell | 429.3 | 0.39 | 0.24 | 0.64 | 8.12 | 0.013 | 0.01 | 0.031 | 0.035 | 0.007 |
The results from the Canwell drilling program not only confirm the presence of nickel but also suggest the potential for additional mineralization systems across the Nikolai district. The company plans to conduct further drilling to expand on these findings, aiming to enhance the understanding of the mineralization and its economic viability.
Alaska Energy Metals continues to position itself as a key player in the exploration of critical metals, which are essential for various industries, including renewable energy and electric vehicles. The ongoing exploration efforts at the Nikolai Project are expected to yield further insights into the region's mineral wealth, contributing to the growing demand for these vital resources.
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