Alaska Energy Metals Launches Drill Program At Canwell Prospect
FULL DISCLOSURE: This is sponsored content for Alaska Energy Metals.
Alaska Energy Metals (TSXV: AEMC) is set to begin drill testing its Canwell block of claims in Alaska. Viewed as a part of the firms flagship Nikolai Nickel project, the Canwell block of claims is viewed as prospective for copper, cobalt and chrome among other minerals.
The planned drill program is set to test geological, geophysical, and geochemical targets, with the program set to consist of three holes across an aggregate 1,200 metres. The company is targeting the Odie, Emerick, and Upper Canwell prospects under the drill program.
Both the Odie and Upper Canwell prospects have seen high-grade massive nickel-copper-iron sulfide mineralization identified in outcrops previously sampled by Alaska Energy. CSAMT and EM geophysical surveys conducted last year at all three prospects meanwhile identified strong low resistivity and conductive zones below massive sulfide occurrences at the prospects.
Outside of drilling, Alaska Energy is also set to begin bench-scale metallurgical testing of mineralization from its Eureka deposit. Test work is set to include bond ball mill grindability, flotation, and magnetic separation testing.
The drill program follows Alaska Energy Metals last week raising $3.6 million in new funding to support the continued exploration of the Nikolai project.
Alaska Energy Metals last traded at $0.155 on the TSX Venture.
FULL DISCLOSURE: Alaska Energy Metals is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Alaska Energy Metals. The author has been compensated to cover Alaska Energy Metals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
