Alaska Energy Metals Announces Drilling Program for the Mcbride Prospect, Angliers-Belleterre Project, Quebec, Canada
Alaska mobilizes drilling in mid-August to test McBride Sulfide targets in Quebec.
Alaska Energy Metals Corporation (AEMC) announced the completion of planning for a core drilling program at the McBride Prospect, part of its Angliers-Belleterre Project in Quebec, Canada. The company has secured the necessary Authorization for Impact-Causing Exploration Work (ATI) permit from Quebec's Ministry of Natural Resources and Forestry, with the drill crew scheduled to mobilize in mid-August 2026.
The program consists of 8 core drill holes totaling 2,125 meters. The drilling aims to test geological, geophysical, and geochemical targets identified by previous surface sampling and VTEM surveys. Historical surface sampling showed copper-nickel-iron sulfide showings with coincident electromagnetic, magnetic, and geochemical anomalies.
The company also announced the withdrawal from the option agreement for the Bambino claim block following a review of survey results.
The drilling program follows standard exploration progression for the property and does not introduce new material milestones for the flagship Nikolai project.
The company also announced the withdrawal of the Bambino option, a minor operational adjustment likely intended to conserve capital for higher-priority targets. Given AEMC’s recent focus on metallurgical testing, FAST-41 permitting, and debt settlement at Nikolai, the Quebec drill program is considered incremental. The news is consistent with historical exploration activities and does not provide unexpected market-moving information, nor does it alter the near-term catalysts or financial trajectory of the company.
Alaska Energy Metals Corporation is a Canadian exploration company focused on critical minerals in North America. Its flagship Nikolai Nickel Project is located in interior Alaska and hosts the Eureka deposit, which contains nickel, copper, cobalt, chromium, platinum, palladium, and gold.
The 2025 Mineral Resource Estimate indicates 5.605 billion pounds of in-situ nickel in the Indicated category and 9.384 billion pounds in the Inferred category. The company is advancing metallurgical testing, aiming for on-site hydrometallurgical refining to produce semi-refined metals for the U.S. defense industrial base.
Alaska Energy Metals Corporation also holds the Angliers-Belleterre Project in Quebec, which focuses on copper-nickel sulfide showings. The company is actively pursuing U.S. government funding and FAST-41 permitting to streamline infrastructure development.