08:14 AM EDT, 09/20/2024 (MT Newswires) -- Alaska Energy Metals ( AKEMF ) said Friday that it completed a helicopter-borne Versatile Time Domain Electromagnetic Max survey and a soil geochemical survey over its Angliers-Belleterre project in Quebec.

The program aims to identify targets that may represent valuable metallic mineralization, particularly nickel-copper deposits.

Results are expected in the fourth quarter.

"We are eagerly awaiting survey results, which will be used in combination with planned geologic mapping," said Gabe Graf, Alaska Energy's chief geoscientist. "We hope that the results of our work will unlock multiple drill targets for testing in 2025."

The company's share price lost 7.3% yesterday to $0.19 on the TSXV.