logo
#

Latest news with #EO14241

Alaska Energy Metals Files Updated NI 43-101 Technical Report for The Eureka Deposit, Nikolai Nickel Project, Alaska, USA
Alaska Energy Metals Files Updated NI 43-101 Technical Report for The Eureka Deposit, Nikolai Nickel Project, Alaska, USA

Associated Press

time22-04-2025

  • Business
  • Associated Press

Alaska Energy Metals Files Updated NI 43-101 Technical Report for The Eureka Deposit, Nikolai Nickel Project, Alaska, USA

2025 Mineral Resource Estimate for Eureka Deposit Significantly Increases Tonnage, Metal Content and Grade Findings Align With U.S. Government Effort to Strengthen Critical Mineral Supply Chains VANCOUVER, BC / ACCESS Newswire / April 22, 2025 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) ('AEMC' or the 'Company') is pleased to announce that it has filed an Updated National Instrument 43-101 Technical Report (the 'Technical Report' or the 'Report') on SEDAR+ for its 100% owned Eureka Property, Nikolai Nickel Project in Alaska, USA. With the Nikolai deposit hosting seven Critical Minerals, two of which are Defense Production Act Title III materials 'essential for the national defense,' the announcement aligns with a series of U.S. presidential executive orders to strengthen U.S. critical mineral supply chains, including EO 14241 'Immediate Measures to Increase American Mineral Production' and EO 14153 entitled 'Unleashing Alaska's Tremendous Resource Potential.' Highlights of the Updated Technical Report and Mineral Resource Estimate include: The Report titled 'Nikolai Project Mineral Resource Estimate 2025 Update' is dated April 21st, 2025 and supports the disclosure made by the company in its March 10th, 2025 press release titled 'Alaska Energy Metals Announces Major Increases in Mineral Resource Estimate, Nikolai Nickel Project, Alaska, USA.' The Independent MRE and Updated Technical Report were prepared by Stantec Consulting Services, Inc. in accordance with National Instrument 43-101 regulations. The Report can be found under the Company's profile on SEDAR+ ( ) and on Alaska Energy Metals website ( ). Alaska Energy Metals President & CEO Gregory Beischer commented: 'The updated Mineral Resource Estimate shows a very substantial increase in tonnage and metal content. Nikolai represents the largest accumulation of nickel in the United States and contains six other critical and strategic metals. With the Trump Administration moving to strengthen U.S. Critical Mineral supply chains as a key policy priority, the deposit may prove to be very valuable to the United States as a secure, domestic source of these metals. The next steps for the Company are completion of metallurgical studies followed by economic analysis, and we expect to complete these studies in the coming months.' QUALIFIED PERSON Mr. Erik Langenfeld of Stantec Consulting Services Inc. is the independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and has prepared, or supervised the preparation of, or has reviewed and approved, the scientific and technical data pertaining to the MRE and technical report. Mr. Langenfeld declares he has read this press release and that the scientific and technical information relating to the resource estimate are correct. Gabriel Graf, the Company's Chief Geoscientist, is the qualified person, as defined under NI 43-101 having reviewed and approved of all other scientific and technical information contained in this news release. For additional information, visit: ABOUT ALASKA ENERGY METALS Alaska Energy Metals Corporation (AEMC) is an Alaska-based corporation with offices in Anchorage and Vancouver working to sustainably deliver the critical materials needed for national security and a bright energy future, while generating superior returns for shareholders. AEMC is focused on delineating and developing the large-scale, bulk tonnage, polymetallic Nikolai Project Eureka deposit containing nickel, copper, cobalt, chromium, iron, platinum, palladium, and gold. Located in Interior Alaska near existing transportation and power infrastructure, its flagship project, Nikolai, is well-situated to become a significant domestic source of strategic metals for North America. AEMC also holds a secondary project in western Quebec; the Angliers - Belleterre project. Today, material sourcing demands excellence in environmental performance, technological innovation, carbon mitigation and the responsible management of human and financial capital. AEMC works every day to earn and maintain the respect and confidence of the public and believes that ESG performance is measured by action and led from the top. 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: 604-609-7149 Some statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the estimation of mineral resources and that the Company a) will complete metallurgical and deportment studies, b) will perform economic analysis. 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. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements do not guarantee future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include but are not limited to uncertainty relating to the estimation of mineral resources, 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 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. SOURCE: Alaska Energy Metals Corporation press release

Rep. Meuser applauds Trump's Executive Order to reinvigorate clean coal
Rep. Meuser applauds Trump's Executive Order to reinvigorate clean coal

Yahoo

time10-04-2025

  • Business
  • Yahoo

Rep. Meuser applauds Trump's Executive Order to reinvigorate clean coal

Apr. 9—WILKES-BARRE — U.S. Rep. Dan Meuser on Wednesday said President Donald Trump is delivering real results for American workers, families and businesses. Meuser, R-Dallas, co-chair of the Congressional Coal Caucus, joined Trump at the White House as he signed a sweeping executive order aimed at restoring America's clean coal industry and reestablishing American energy dominance. "President Trump continues to lead with bold action to make the United States energy dominant once again," Rep. Meuser said. "This executive order marks a major step forward for clean coal and for the future of American energy. It reverses the damaging and ideological policies of the Biden Administration and opens the door for job creation, grid reliability and economic growth — particularly here in Pennsylvania." Rep. Meuser said the executive order: —Directs the National Energy Dominance Council to classify coal as a "mineral" under EO 14241, expanding its federal benefits. —Directs agencies to lift restrictions and prioritize leasing of coal resources on federal lands. —Rescinds anti-coal policies and mandates that unfairly favor intermittent energy sources. —Recognizes clean coal as a strategic resource and accelerates development of coal technologies. —Promotes U.S. clean coal exports and encourages international off-take agreements. —Directs a review of coal's role in the steel industry as a "critical material" under federal law. —Facilitates permitting efficiencies, including NEPA exclusions, for coal-related infrastructure. —Pushes for using clean coal to power growing industries such as AI data centers. Rep. Meuser said coal is a cornerstone of our national energy mix — producing 16% of our nation's electricity, supporting hundreds of thousands of American jobs and contributing tens of billions of dollars annually to our economy. As electricity demand rises due to AI expansion and domestic manufacturing growth, Rep. Meuser said clean coal will be vital to keeping the lights on and prices low. "It is also important to note that with the development of new technologies, coal-fired electricity generation is cleaner than ever, particularly when produced in the United States compared to foreign countries," Rep. Meuser said. Critically, Rep. Meuser said anthracite coal — found in abundance in Pennsylvania — is essential to steel production, a sector vital to our national defense and infrastructure. Rep. Meuser said the executive order directs the Department of Energy to determine whether coal used in steel-making meets the definition of a "critical material," which could further strengthen domestic supply chains and safeguard American industry. In Pennsylvania alone, Rep. Meuser said the industry produced 42.6 million tons of coal in 2023, contributing to making the Commonwealth the third-largest electricity producer in the U.S. Further, Rep. Meuser said clean coal in Pennsylvania supports more than 11,500 jobs and generates $3.8 billion in economic output. "President Trump's executive order embraces an all-of-the-above and all-of-the-below energy policy — one that values American oil and natural gas, nuclear, clean coal, hydro-power and more," Rep. Meuser said. "This is the only realistic path to true energy dominance." Rep. Meuser said the executive order builds on a series of strong energy reforms under President Trump, including: —Withdrawing from the Paris Climate Agreement. —Reversing the pause on LNG export permits. —Declaring a national energy emergency. —Terminating the Green New Deal framework. —Opening up Alaska's vast energy resources. —Cutting red tape to fast-track permitting for energy projects. Rep. Meuser said the contrast with the Biden Administration could not be clearer. "The Biden Administration waged an all-out regulatory war on clean coal — imposing regulations like Clean Power Plan 2.0, costly wastewater mandates and mercury mandates designed to force plant closures," Rep. Meuser said. "President Trump is now reversing course and restoring balance to our energy policy." Rep. Meuser said that as co-chair of the Congressional Coal Caucus, he looks forward to working closely with President Trump and his colleagues in Congress to implement this order and to advance an energy strategy that works for Pennsylvania and the nation. Reach Bill O'Boyle at 570-991-6118 or on Twitter @TLBillOBoyle.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store