Alaska Energy Metals provided an update on permitting activities for the Nikolai Nickel Project under the federal FAST-41 program. The company is conducting field surveys to support access infrastructure permits, with decisions expected in late 2026.
Alaska Energy Metals reported positive locked cycle flotation test results for the Nikolai Nickel Project, achieving recoveries of 49.4% Ni, 50.5% Cu, and 21.0% Co. The results include significant platinum-group-element and gold recoveries, and the company plans to pursue hydrometallurgical refining amenability testing.
Alaska Energy Metals provided a corporate update for the Nikolai Nickel Project, highlighting progress in FAST-41 permitting and qualification for US Defense Production Act funding. The company is also moving to secure 100% ownership of the high-grade Canwell block and continues metallurgical testing for sequential flotation.
Alaska Energy Metals announces that its Nikolai Nickel project has been accepted for coverage on the US Permitting Council's FAST-41 Transparency Dashboard. This inclusion aims to streamline federal permitting and focus on infrastructure improvements, such as road rehabilitation, to accelerate exploration and development of the Eureka deposit.
Alaska Energy Metals provided an update on the Nikolai Nickel Project, noting that first-pass metallurgical testing at the Eureka deposit is nearing completion with results expected in November 2025. The company also announced an amendment to its restricted share plan and the granting of stock options and RSUs.
