Alaska Energy Metals Extends Eureka Zone Mineralization 1.8 Kilometers to the Southeast, Nikolai Project, Alaska

Provided By GlobeNewswire

Last update: Dec 10, 2024

HIGHLIGHTS

Alaska Energy Metals Chief Geologist Gabe Graf commented: “Now, with all 2024 results received from our Eureka resource expansion drill program, we can work to calculate an update to our MRE and anticipate producing this update in the first quarter of 2025. This is an exciting time for us, and we look forward to sharing the updated MRE with all our stakeholders. In light of recent alterations to the US minerals supply chain, made by China’s recent export ban of several critical minerals, this point in time remains crucial. Trade relations with China are uncertain, and should we face another more disruptive mineral ban, it could further stunt economic growth and development and even compromise national security. Thus, we remain steadfast in our efforts to uncover a domestic supply of nickel, cobalt, chromium, and other critical and energy-related metals essential to a growing number of strategic industries to ensure access to materials of great importance for the long haul.”