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Millrock Resources ( (TSE:AEMC) ) just unveiled an announcement.
Alaska Energy Metals Corporation has announced a significant update to its Mineral Resource Estimate for the Eureka Deposit at the Nikolai Nickel Project in Alaska. The updated report reveals a substantial increase in tonnage, metal content, and grade, which aligns with U.S. government initiatives to enhance critical mineral supply chains. This development positions the Nikolai deposit as a crucial domestic source of nickel and other strategic metals, potentially benefiting the U.S. economy and national defense. The company plans to proceed with metallurgical studies and economic analysis in the coming months.
More about Millrock Resources
Alaska Energy Metals Corporation is a company operating in the mining industry, focusing on the exploration and development of critical mineral resources. The company’s primary product is nickel, and it is involved in projects that align with U.S. government efforts to strengthen critical mineral supply chains.
Average Trading Volume: 86,940
Technical Sentiment Signal: Sell
Current Market Cap: C$16.65M
For an in-depth examination of AEMC stock, go to TipRanks’ Overview page.