Alaska Energy Metals’ 2024 Surface Exploration Program Reveals Multiple Nickel - Copper Targets at the Angliers - Belleterre Project, Quebec, Canada
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ALASKA ENERGY METALS’ 2024 SURFACE EXPLORATION
PROGRAM REVEALS MULTIPLE NICKEL - COPPER TARGETS
AT THE ANGLIERS - BELLETERRE PROJECT, QUEBEC, CANADA
VANCOUVER, BRITISH COLUMBIA, January 21, 2025 – Alaska Energy Metals Corporation
(TSX-V: AEMC, OTCQB: AKEMF) (“ Alaska Energy Metals, ” “AEMC,” or the “ Company”) is
pleased to announce the final results from soil geochemical sampling, prospecting, rock
sampling, geological mapping and helicopter-borne Versatile Time Domain Electromagnetic
(“VTEM”) surveys completed in 2024 over its 1 00% owned Angliers-Belleterre project in the
Temiskaming region of Quebec, Canada. The purpose of the 2024 exploration program was
to identify targets that may represent valuab le metallic copper and nickel mineralization.
Results confirm the presence of multiple undr illed Volcanic Hosted Massive Sulfide (“VMS”)
prospects northwest of the town of Angliers and multiple undrilled mafic, intrusive-hosted
copper-nickel prospects north of the town of Laverlochère. This exploration work was 100%
funded from AEMC’s current flow-through account.
ANGLIERS GEOLOGY
The Angliers claim block is comprised of a so uthwest-northeast trending suite of bimodal,
subaqueous volcanic rocks, which forms the no rthernmost part of the 2.6-2.7-billion-year-
old Baby group of the Belleterre-Angliers Greenstone Belt. Volcanic rocks include felsic lapilli
tuffs, pillowed basalts, andesites, and komatiit e flows. Several banded iron formations are
layered within the pillow basalt and likely re present ancient seafloor horizons. Gabbroic
intrusions cut across the extrusive volcan ic sequence and may represent intrusions
responsible for the volcanic ac tivity. Diorite and granodiori te intrusions cut across the
volcanic stratigraphy on a northwest-southeast orientation, which may represent the vertical
feeder orientation of the magma activity. A la rge trondhjemite intrusion is in the southern
part of claim block (Figure 1). All the rocks cu rrently dip sub-vertical and have been folded.
This portion of Quebec has been affected by glaciation, with the interpreted glacial advance
from northeast to southwest. Three main prospect areas have been defined during the 2024
exploration program and are described in detail below.
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2024 Exploration Overview – Angliers - Belleterre
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Figure 1. Generalized geological map of the Baby Greenstone Belt of the Angliers Area
RAPIDS PROSPECT
The Rapids prospect was explored with tren ching and drilling between 1960-1970 by Silver
Sceptre Mines Limited. A trench sample, no rthwest of hole BX-73-704, collected in 1967
assayed 1.02% copper. Drilling in tersected interesting assays including: 1) BX-73-705: 3.7
meters @ 0.13% copper and 0.38% zinc within a silicified tuff with up to 20% sulfides; and 2)
BX-329-63: 0.1 meter @ 0.53% copper within an iron formation with 10-20% sulfides. All
historic drilling was shallow in nature with a maximum depth of 100 meters below the
current topography. Drill collar lo cations have not been verified in the field and data from
these holes and trenches is reliant on Quebec Assessment Report GM20938 and GM22119.
In 2024, AEMC completed a 200x100m grid surf ace soil sampling program, along with
geological mapping and prospecting over the Rapids Prospect. Multiple anomalous zones
of copper, zinc, nickel, silver, and gold have been revealed that correspond with three
northeast trending VTEM anomalies (Figure 2). These results may suggest the presence of a
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2024 Exploration Overview – Angliers - Belleterre
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copper rich VMS system within an underexpl ored VMS stratigraphic setting. Several
significant anomalous results from rock samples of gabbro and basalt with magmatic
sulfides collected in 2024 include:
Sample 135088: 738 ppm copper, 134 ppm zinc, 216 ppb gold and 1.31 ppm silver
Sample 135027: 533 ppm copper, 648 ppm zinc, 15 ppb gold and 1.6 ppm silver
The presence of magmatic sulfides within th e gabbroic intrusions suggest favorable metals
may have been present during the extrusion of the subaqueous volcanic rocks. Historic
holes drilled near these targets either did not intersect the anomalies or were too shallow to
provide adequate testing. Planned follow up work includes Maxwell Plate modeling of the
VTEM targets, followed by 2,000 meters of diamond core drilling to test for VMS
mineralization/alteration halos to better constrain the geologic architecture of the system.
Figure 2. Soil and rock sample results (Cu, Zn, Ag) with VTEM Results (SFz25) as background
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2024 Exploration Overview – Angliers - Belleterre
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MCBRIDE PROSPECT
A review of historic data indicates this pros pect was first explored in the 1950s by Zinc
Consolidated Company of Canada. Multiple holes were drilled in 1955, 1956, and 1969 to
test massive sulfides discovered in trenches. All historic drilling was shallow in nature with
maximum depths of 100 meters below the curre nt topography. Hole 1 (1955) intersected
4.1 meters of massive sulfides and hole 2 (1955) intersected 4.7 meters of massive sulfide.
Follow up drill holes (1956) on these massive su lfide intercepts were drilled from south to
north to test a south dipping orientation but failed to intersect the mineralization. No assays
were included in the logs for holes dr illed in 1955 and 1956. Drill hole 503-3209 (1969),
collared 1.4 kilometers to the east, intersected disseminated sulfides assaying 1.2 meters @
0.60% copper, 0.06% nickel and 4.6 ppm Ag. Dril l collar locations have not been verified in
the field and data from these holes is reli ant on Quebec Assessment Reports GM 03648B,
GM 20461 and GM 20462.
In 2024, AEMC completed a 200x100m grid surf ace soil sampling and prospecting program
over the McBride Prospect. Multiple anomalous zones of copper, zinc, nickel, silver, and gold
have been revealed that correspond to a series of five VTEM anomalies that align within an
east-trending zone (Figure 3). These results ma y suggest the presence of a copper rich VMS
system within an underexplored VMS stratigr aphic setting. Several significant anomalous
rock samples containing magmatic sulfides collected in 2024 include:
Sample 135040 : Massive sulfides (pyrrhotite, pyrite and minor chalcopyrite) – 302 ppm
copper, 153 ppm zinc, 1.02 ppm silver and 0.5 ppb gold
Sample 135042 : Silicified with up to 10% sulfides (pyrite and chalcopyrite in blebs and
stringers) – 1287 ppm copper, 2433 ppm nickel, 260 ppm zinc, 522 ppm cobalt, 0.63 ppm
silver, and 2.0 ppb gold
Planned follow up work includes Maxwell Plat e modeling of the VTEM targets, followed by
1,000 meters of diamond core drilling to test for massive sulfide mineralization both at depth
and along the east-west orientation of the VT EM trend and surface showings. Geological
mapping, prospecting and sampling is also pl anned to investigate the larger VTEM anomaly
located south of the first VTEM trend.
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2024 Exploration Overview – Angliers - Belleterre
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Figure 3. Soil and rock sample results (Cu, Zn, Ag) with VTEM Results (SFz25) as background
VASEUX PROSPECT
A review of historic data indicates there has been very limited geol ogical and geophysical
surveys with no documented dril ling on the Vaseux prospect. This prospect occurs within
gabbroic rocks along the boundary of a large tr ondhjemite intrusive in a setting similar to
the Midrim, Allotta and Lac Croche Cu-Ni-PGE deposits located approximately five kilometres
t o t h e s o u t h e a s t . T h e V a s e u x p r o s p e c t i s a l s o m a r k e d b y m u l t i p l e V T E M a n o m a l i e s ,
determined by a survey completed in 2021 by Pivotal Metals Ltd. (née Rafella Resources Ltd.),
that are very similar to a VTEM anomaly over the Midrim deposit.
In 2024, AEMC completed a 75x75m grid surface soil sampling and prospecting survey over
the Vaseux prospect. Multiple anomalous zones of copper, nickel, silver, and gold have been
outlined that correspond to the 2021 VTEM anom alies (Figure 4). These results suggest the
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2024 Exploration Overview – Angliers - Belleterre
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presence of a gabbro hosted copper rich syst em that has never been drilled. Several
significant anomalous rock samples collected in 2024 include:
Sample 135034: Rusty orange oxidized gabbro sub crop with up to 8% disseminated sulfide,
1434 ppm copper, 0.34 ppm silver and 11 ppb gold
Sample 135004: Light grey, strongly silicified gabbro with up to 3% disseminated sulfide, 1125
ppm copper, 1.07 ppm silver and 11 ppb gold
Sample 135017: Oxidized gabbro float, disseminated to blebby sulfide with chalcopyrite, 390
ppm copper, 0.05 ppm silver and 5 ppb gold
Sample 135017: Dark green, strongly actinolite altere d, medium to coarse-grained ophitic
gabbro with minor pyrrhotite/pyrite, 254 ppm copper, 0.11 ppm silver and 0.5 ppb gold
Planned follow up work includes Maxwell Plat e modeling of the VTEM anomaly, followed by
1,500 meters of diamond core drilling to test the geochemical and geophysical anomalies.
Figure 4. Soil and rock sample results (Cu, Ni, Ag) with VTEM Results (BFz36) as background
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2024 Exploration Overview – Angliers - Belleterre
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QAQC AND ANALYTICAL PROCEDURES
All sample locations were recorded with Android rugged smart phones running Q-Field data
collection software in map datum UTM WGS84 Zo ne 17N. Soil samples were collected with
augers and placed in Kraft-type paper bags with bar codes and sample numbers handwritten
on the bags with indelible ink for redundan cy and cross checks. Rock samples were
photographed and then placed in plastic ba gs with uniquely numbered tags. The tag
numbers were marked in indelible ink on the outside of each bag and the bag was sealed
with a plastic tie-wrap. Blanks and standards were inserted at regular intervals for QAQC
purposes. Samples were placed in rice bags and then delivered in person to Manitoulin
Transport in New Liskeard, Ontario from wher e they were transported to SGS Laboratory
(“SGS”) in Lakefield, Ontario.
At SGS, Soil samples were dr ied at 60°C and sieved through 80 mesh (SGS Code PRP104).
Rock samples were dried at 105°C, crushed to 75% passing 2 mm and then riffle split to a
250g sub-sample that was pulverized to pulp s 85% passing 75 microns (SGS Code PRP89).
The sieved soils and rock pulps were analysed for 49 elements by 25-gram 2-acid Aqua Regia
digestion ICP-MS analysis (SGS Code GE_ARM3V25). SGS is independent of the Company and
accredited under ISO/IEC 17025 registration.
QUALIFIED PERSONS
Mark Fekete, of Breakaway Exploration Manageme nt, is a registered professional geologist
in the province of Quebec as a Qualifie d Person under National Instrument 43-101,
Standards of Disclosure for Mineral Projects, has 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 sustainabl y deliver the critical materials needed for
national security and a brig ht energy future, while generating superior returns for
shareholders.
AEMC is focused on delineating and developing the large-scale, bulk tonnage, polymetallic
Nikolai Project Eureka deposit containing nick el, copper, cobalt, chromium, iron, platinum,
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2024 Exploration Overview – Angliers - Belleterre
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palladium, and gold. Located in Interior Alas ka near existing transportation and power
infrastructure, its flagship project, Nikolai, is well-situated to become a significant domestic
source of strategic energy-related metals fo r North America. AEMC also holds a secondary
project in western Quebec; the Angliers – Be lleterre project. Today, material sourcing
demands excellence in environmental performanc e, 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
Some statements in this news release may co ntain forward-looking information (within the
meaning of Canadian securities legislation), including, but not limited to, further geophysical
processing and surveys and future drill testi ng. These statements addr ess future events and
conditions and, as such, involve known and unknown risks, uncertainties, and other factors which
may cause the actual results, performance, or ac hievements to be materi ally different from any
future results, performance, or achievements expressed or imp lied 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 forwar d-looking statements include regulatory actions,
market prices, and continued availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned th at 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 co ntained or incorporated by