12:55 PM EDT, 07/16/2024 (MT Newswires) -- Alaska Energy Metals ( AKEMF ) on Tuesday said it launched a drilling program to test certain targets at the Canwell block of claims that form part of its Nikolai Nickel Project in Alaska.

The company plans a three-hole drilling program for a total of 1,200 meters.

The Canwell prospects are located near the company's Nikolai project Eureka deposit. Alaska Energy also plans to initiate bench-scale metallurgical testing on the EZ2 mineralization at its Eureka Deposit.

Alaska Energy shares were last seen $0.003 to $0.152 on the TSX Venture Exchange.