Alaska Energy Metals Acquires Angliers-Belleterre Nickel-Copper Project for $2.8 Million, Canada
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Alaska Energy Metals Corporation (AEMC) has closed its acquisition of 100 percent of the issued and outstanding securities of 1413336 BC Ltd. (141 BC). The 141 BC is arm’s length to the company, and its assets are comprised of the Angliers-Belleterre nickel-copper project in western Quebec and approximately $2.8 million in cash.
“This is an area with which I am highly familiar, having studied it while stationed in Quebec in the late 1990s during my first career with INCO, which at the time was the largest nickel producer globally. We were attracted by the ultramafic flow rocks and the geologic conditions permissive for high-grade massive sulfide deposits,” said Alaska Energy Metals President and CEO Gregory Beischer.
“There are some great prospects nearby that clearly show the nickel-copper sulfide deposit-forming processes were operative in the area. It will be exciting to take a modern exploration approach to this project,” added Beischer.
The Angliers-Belleterre property is underlain by komatiitic ultramafic flow rocks and differentiated gabbro rocks in a regional setting thought to be a mantle plume. The setting is similar to that of the Kambalda nickel district in Australia. Significant nickel prospects on adjacent claims, for example, the Midrim nickel prospect, appear to trend onto the Angliers-Belleterre project, and there is a six-kilometer-long belt of nickel-enriched rocks documented by the Quebec government on the project.
An artificial intelligence analysis and synthesis of data was recently performed by 141BC. The results of the work highlighted the potential of both the southern and northern mineralized trends and served to focus future exploration efforts. AEMC will further compile all available public data, then, with results in hand, perform targeted geophysical surveys to develop drill targets.
In addition to magmatic nickel-copper deposits, the Angliers property is also prospective for gold and polymetallic volcanogenic massive sulfide deposits.
Alaska Energy Metals is focused on delineating and developing a large polymetallic exploration target containing nickel, copper, cobalt, chrome, iron, platinum, palladium, and gold. It’s main projected, located in development-friendly 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. The company is now bringing forward the Angliers-Belleterre project in Quebec.
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