Breaking Mining News: Alaska Energy Metals (TSXV: $AEMC)
(OTCQB: $AKEMF) Files Amended NI
43-101 Technical Report for the Eureka Deposit, Nikolai Nickel Project, Alaska,
USA; @AKEnergyMetals
VANCOUVER, British
Columbia - February 21, 2024 (Investorideas.com Newswire) Alaska Energy Metals Corporation
(TSX-V: AEMC, OTCQB: AKEMF) (“AEMC”
or the “Company”) today announced that it has filed an amended Technical Report
titled “Nikolai Mineral Resource Estimate Technical Report Amended and Updated”
(the “Amended Report”), with an effective date of April 12th, 2024, for its
100% owned Eureka Property, Nikolai Nickel Project in Alaska, USA. On April
2nd, 2024, the Company filed a preliminary short-form base shelf prospectus
with the securities regulatory authorities in each of the provinces of Canada,
except Quebec and Nunavut. This resulted in a review of the Canadian Securities
Administration National Instrument 43-101 Standards for Mineral Projects (“NI
43-101”) Technical Report filed on March 14, 2024 (“Original Report”), and the
review is now complete.
Read this news,
featuring AEMC in full at: https://www.investorideas.com/news/2024/04191AEMC-Amended-NI-43-101-Technical-Report.asp
The
Amended Report contains no material differences, and the Mineral Resource
Estimate remains unchanged from the Original Report. The Amended Report
complies with the technical requirements of NI 43-101 and Form 43-101F1 (the
“Form”).
A
summary description of the changes to the Amended Report are as follows:
·
Addition of a Qualified Person who
performed a site visit to the Nikolai Nickel Project in August and September of
2023 and authored Sections 1.2, 12.1, 12.3, 12.4 and 12.5.
·
Clarification to ensure that the Amended
Report is limited to the work, interpretations, and conclusions of the authors.
·
Strengthened the sections relating to Data
Verification, Sample Preparation, Analyses and Security by describing the steps
and procedures taken by the authors to verify the data disclosed.
·
Recommendations have been reduced from
three phases to two phases of work to comply with Item 26 of the Form.
·
The title page has been updated to include
general location of the property and the authors names and professional
designations.
Alaska
Energy Metals President & CEO Gregory Beischer commented: “We are pleased
that the report the Qualified Persons at Stantec prepared in February had only
a few, non-material changes required by the thorough reviewers at the
securities commission. The final 43-101 report gives a clear, supportable,
documentation of the Mineral Resource Estimate that we have quickly established
at the Nikolai project Eureka deposit in just one year of operations.”
The
Amended Report can be found under the Company’s profile on SEDAR+
(www.sedarplus.ca) and on Alaska Energy Metals website
(www.alaskaenergymetals.com).
STOCK OPTIONS
The
Company confirms its previously announced intention to grant an aggregate of
275,000 stock options to a consultant who is a financial adviser to the
Company, and to Sydney Knight, an investor relations professional that has
recently joined the Company. The stock options were granted at a strike price
of $0.195 and have a term of five years. The options granted to Sydney Knight
will be subject to the TSXV mandatory vesting schedule for investor relations
professionals.
QUALIFIED PERSON
Gregory
Beischer, the Company’s President and CEO is the qualified person who reviewed
and approved the technical disclosure in this news release.
For
additional information, visit: https://alaskaenergymetals.com/
ABOUT ALASKA ENERGY METALS
Alaska
Energy Metals Corporation (AEMC) is an Alaska-based corporation with offices in
Anchorage and Vancouver working to sustainably deliver the critical materials
needed for national security and a bright energy future, while generating
superior returns for shareholders.
AEMC
is focused on delineating and developing the large-scale, bulk tonnage,
polymetallic Eureka deposit containing nickel, copper, cobalt, chromium, iron,
platinum, palladium, and gold. Located in Interior Alaska near existing
transportation and power infrastructure, its flagship project, Nikolai, is
well-situated to become a significant domestic source of strategic
energy-related metals for North America. AEMC also holds a secondary project, ‘Angliers-Belleterre,’
in western Quebec. Today, material sourcing demands excellence in environmental
performance, carbon mitigation and the responsible management of human and
financial capital. AEMC works every day to earn and maintain the respect and confidence
of the public and believes that ESG performance is measured by action and led
from the top.
ON BEHALF OF THE BOARD
“Gregory
Beischer”
Gregory
Beischer, President & CEO
FOR FURTHER INFORMATION, PLEASE
CONTACT:
Gregory
A. Beischer, President & CEO
Toll-Free:
877-217-8978 | Local: 604-638-3164
Sarah
Mawji, Public Relations
Venture
Strategies
Email:
sarah@venturestrategies.com
Some
statements in this news release may contain forward-looking information (within
the meaning of Canadian securities legislation). These statements address
future events and conditions and, as such, involve known and unknown risks,
uncertainties, and other factors which may cause the actual results,
performance, or achievements to be materially different from any future
results, performance, or achievements expressed or implied by the statements.
Forward-looking statements speak only as of the date those statements are made.
Although the Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guaranteeing of future performance and actual results may differ materially
from those in the forward-looking statements. Factors that could cause the
actual results to differ materially from those in forward-looking statements
include regulatory actions, market prices, and continued availability of
capital and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ materially from those
projected in the forward-looking statements. Forward-looking statements are
based on the beliefs, estimates and opinions of the Company's management on the
date the statements are made. Except as required by applicable law, the Company
assumes no obligation to update or to publicly announce the results of any
change to any forward-looking statement contained or incorporated by reference
herein to reflect actual results, future events or developments, changes in
assumptions, or changes in other factors affecting the forward-looking
statements. If the Company updates any forward-looking statement(s), no
inference should be drawn that it will make additional updates with respect to
those or other forward-looking statements.
Neither
the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this press release.
Alaska
Energy Metals Corporation (TSXV: AEMC) (OTCQB: AKEMF) (FRA: V7F) is a featured
mining stock on Investorideas.com
More info on AEMC at Investorideas.com Visit: https://www.investorideas.com/CO/AEMC/
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