Alaska Energy Metals Expands Mineral Resource Estimate at Nikolai Project

Alaska Energy Metals Corporation (AEMC) has announced a significant increase in their mineral resource estimate for the Eureka deposit at the Nikolai Nickel Project, Alaska. The latest figures estimate 5.61 billion pounds of nickel in the Measured & Indicated category and 9.38 billion pounds in the Inferred category, representing a 46% and 122% increase, respectively.

This resource is the largest nickel deposit in the USA, housing multiple strategic metals including copper and cobalt. The updated estimate includes 1,190 million tonnes of Indicated resources at a 0.30% NiEq grade and 2,087 million tonnes of Inferred resources at a 0.28% NiEq grade. Chromium and iron are now incorporated into the estimate, enhancing the resource’s NiEq grade.

The deposit shows promising continuity along a 2.5 km strike length, with potential for expansion. AEMC’s CEO highlights the deposit’s strategic value amid the U.S. push to secure domestic metal resources.