Massive Increase Announced at Strategic US Nickel Site

Financial Gambits

11 Mar 2025 — 5 min read

Alaska Energy Metals (TSXV:AEMC)(OTCQB:AKEMF) has announced a substantial increase in its mineral resource estimate for the Nikolai Nickel Project, significantly enhancing its stature as now the largest domestic nickel deposit of its Kind in the United States. The updated figures reveal a 46% boost in Indicated resources and a remarkable 133% jump in Inferred resources, alongside the discovery of a higher-grade core zone (CEZ2) that should enhance the project's potential economic viability.

These recent updates substantially elevate the project's value proposition, strengthening AEMC’s appeal to investors and its position within the critical metals supply chain, especially given nickel’s vital role in stainless steel production and the clean energy transition. The project’s potential scale and numerous other positive aspects position AEMC favorably to meet rising U.S. demand for domestically sourced strategic metals particularly with nickel being the predominant material used in lithium ion batteries .

Going forward, investors can anticipate an initial NI 43-101 in the next 45 days, further metallurgical testing results where preliminary testing has been favorable, potential government or joint venture investments, an initial feasibility study and further exploration updates, which could significantly impact the project's valuation.

Key Features of the Recent Update:

Numerous Positive Deposit Features: The deposit has been substantially increased now the largest of its kind in the US, continued movement of inferred resources into the measured and indicated category, it remains open in three directions over an already substantial strike length, it shows a very low strip ratio, the mineralisation and a higher grade core are directly at surface, highly consistent, continuous, homogenous mineralization
Strategic Domestic Importance: The Eureka deposit is now a globally significant nickel resource with multiple accessory critical and strategic metals including copper, cobalt, chromium, platinum and palladium. Of significance it is now the largest nickel resource of its kind in the USA. The Nikolai project shows much potential to possibly help support North American supply chains amid rapidly increasing geopolitical concerns over critical minerals. The Trump administration has been rapidly launching new government departments backed by initiatives to financially support and reduce permitting times for resource development.
Potential Partnership and Funding Opportunities: Continued resource size increases and confidence in the deposit as the Company moves inferred resources into the measured and indicated categories, completes 43-101reports and subsequent feasibility reports could attract interest from government, major industry players and battery and energy storage supply chain strategic partners.
Current Low Market Valuation: Comparing the company to its closest peers it has a very low relative market valuation. If the Company achieves a revaluation in its market capitalization on a peer comparison basis there could be substantial upside for investors. We feel in light of the recent accretive value additions and derisking of the project, if the company were to receive a government or JV partner investment in the near term it would be quickly well received by investors.

Rating the News:

Impact for the Company: ★★★★☆ (Very Positive)
Potential for Stock Growth: ★★★★☆ (High Potential)
Industry Significance: ★★★★☆ (Significant)

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On July 15, 2023, Alaska Energy Metals Corporation and Omni8 Communications Inc (Omni8), the owner of financialgambits.com, entered into a 12 month marketing agreement with total consideration of $10,000 CDN per month and a marketing budget of $500,000 CDN. Omni8 has received no further compensation for this article and related materials. Omni8 is a shareholder of Alaska Energy Metals by way of open market share purchases and holds stock options in the Company. Omni8 may purchase or sell shares of AEMC without further notice to readers. Due to this you must recognize the inherent conflict of interest involved that may influence our perspective of Alaska Energy Metals. Because we are shareholders of the Company our coverage of Alaska Energy Metals may highlight many of its positive aspects, and not necessarily the potential risks to its business or to investing in its stock. All information is taken from public and Company sources and believed to be fully disclosed and accurate. Our full disclaimer can be found here: Financial Gambits Disclaimer