Alaska Energy Metals Announces Sale of Exploration Data to Kobold Metals, Nikolai Project Area, Alaska
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
NR: 23-21
ALASKA ENERGY METALS ANNOUNCES
SALE OF EXPLORATION DATA TO KOBOLD METALS,
NIKOLAI PROJECT AREA, ALASKA
VANCOUVER, BRITISH COLUMBIA, November 28, 2023 – Alaska Energy Metals
Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“Alaska Energy Metals” or the “Company”)
today announced the partial sale of its previously purchased exploration data to a
subsidiary of KoBold Metals Company (“KoBold”), an exploration and mining company out
of Silicon Valley known for its innovative use of machine learning and artificial intelligence
in mineral exploration. The data pertains to KoBold’s Skolai Project (purple outline in Figure
1), which runs adjacent to AEMC’s Nikolai Nickel Project (red outline in Figure 1) in the
Interior Alaska region.
Figure 1. Claim map, Nikolai Nickel Project area, Alaska.
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
Sale of Exploration Data
To Kobold Metals
Page 2
Alaska Energy Metals Corporation President & CEO commented: “We are pleased to recover
some of our costs from the large exploration data set we bought earlier this year. KoBold owns
claims that neighbour our Nikolai Nickel Project and I am confident they will put the data to
good use. With it, it should accelerate their exploration efforts. We wish KoBold success in their
search for magmatic nickel-copper sulfide deposits on their claims. Any discovery success in this
emerging nickel district will benefit Alaska Energy Metals and Alaska generally.”
Earlier this year, Alaska Energy Metals acquired an extensive data package produced by
prior explorers of the district, some of which now pertains to claims held by KoBold. AEMC
has sold the relevant data to KoBold for US$175,000. The data has been clipped
approximately to the boundaries of KoBold’s Skolai claim block and includes:
• Rock sample assay results (>1,000 samples)
• Soil sample assay results (>2,300 samples)
• Stream sediment samples assay results (>250 samples)
• Drill core assay results and core logs (13 drill holes)
• ZTEM and VTEM airborne geophysical surveys
• Geological maps
KoBold Metals Chief Strategy Officer, Daniel Enderton, commented: “We appreciate
completing this data purchase with Alaska Energy Metals Corporation to further work on our
Skolai Nickel Project. We similarly wish Alaska Energy Metals success in their search for
magmatic nickel-copper sulfide deposits on their neighboring Nikolai Nickel Project.”
For additional information, visit: https://alaskaenergymetals.com/
About KoBold Metals Company
KoBold Metals Company is a US-based, privately held, mineral exploration company that
couples geology, geoscience, data science, machine learning, and artificial intelligence (AI)
to search for critical minerals.
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
Sale of Exploration Data
To Kobold Metals
Page 3
About Alaska Energy Metals
Alaska Energy Metals Corporation is focused on delineating and developing a polymetallic
deposit containing nickel, copper, cobalt, chrome, iron, platinum, palladium and gold.
Located in central Alaska near existing transportation and power infrastructure, the project
is well-situated to become a significant, domestic source of critical and strategic energy-
related metals.
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
Final Edit Media and Public Relations
Email: [email protected]
Some statements in this news release may contain forward-looking information (within the
meaning of Canadian securities legislation), including, without limitation, the expected
development and growth of the Company’s project. Although the Company believes the
expectations expressed in such forward-looking statements are based on reasonable
assumptions, 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. 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
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
Sale of Exploration Data
To Kobold Metals
Page 4
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.