Alaska Energy Metals Corporation announced assay results from drill holes EZ-23-003 & EZ-23-005. The holes were drilled as part of the Company's 2023 exploration program at its 100% owned Nikolai Nickel Project in Central Alaska. Eight diamond drill holes were drilled during the campaign, with results from four holes now received and results from four holes pending.

These new results demonstrate the Eureka Zone continues to remain consistent and homogeneous, as indicated by historical drilling on the property. EZ-23-003 was drilled ~250m southeast of EZ-23-001 and historical drill hole PNI-10-036 to test mineralization continuity along strike to the southeast. EZ-23-005 was drilled ~300m northwest of EZ-23-002.

The results from these holes have confirmed mineralization continuity along a 600m strike length, with the mineralization remaining open in all directions. To date, AEMC has received assay results for four of the eight drill holes completed during the 2023 exploration campaign. Assay results for EZ-23-001 & EZ-23-002 and drill hole locations for the 2023 exploration campaign can be found in AEMC's press release from October 16, 2023.

Drill hole location map showing estimated true thicknesses, calculated NiEq grades, surface geology and surface trace of Eureka Zone 2 mineralization. PNI and FL drill assay results were reported by Pure Nickel Inc. in a press release dated October 29th, 2013. The Company's Qualified Person has independently verified the assay data reported by Pure Nickel Inc. and has determined the quality assurance and quality control data to be acceptable.

Located in central Alaska near existing transportation and power infrastructure, the project is well-situated to become a significant, domestic source of critical and strategic energy-related metals for the American market.