Alaska Energy Metals last week announced its intent to acquire 100% interest in the 3,320-hectare Bambino nickel-copper- platinum group element property in Québec, expanding its footprint in the province, which has become an exploration hotbed for green energy transition metals.
“We discovered it based on a pure conceptual target at the time, but it wasn’t rich enough for Inco back in the 90s,” Beischer said in an interview. “We drilled thousands of metres of disseminated nickel sulphide that today may very well be an economic ore body of large proportion.” “They’re really rare. In the face of huge demand, then, the industry will migrate to mining bulk tonnage disseminated nickel just the same way our industry migrated to mining porphyry copper deposits 50 or 60 years ago,” he predicted.
“We’ve identified that there’s a very a higher-grade core to the deposit that would be mined early with zero strip ratio. So that should really help with the early term economics. I think we’ve made an excellent discovery here. We’re in in really good shape.”over the last year due to a surge in Indonesian supplies, Beischer is not daunted and said the demand projections are very strong.