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Alaska Energy Metals Completes Helicopter-Borne VTEM Max Geophysical Survey and Soil Geochemical Survey at the Angliers – Belleterre Project, Quebec, Canada

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Alaska Energy Metals Completes Helicopter-Borne VTEM Max Geophysical Survey and Soil Geochemical Survey at the Angliers – Belleterre Project, Quebec, Canada


Alaska Energy Metals Corporation

Alaska Energy Metals Corporation

Highlights:

  • 1,568 line kilometers of airborne VTEM Max electromagnetic geophysical survey completed.

  • 4,971 soil samples collected.

  • Rock sampling and prospecting carried out.

  • Results expected in the fourth quarter of 2024.

VANCOUVER, British Columbia, Sept. 20, 2024 (GLOBE NEWSWIRE) — Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“Alaska Energy Metals,” “AEMC,” or the “Company”) is pleased to announce the completion of a helicopter-borne Versatile Time Domain Electromagnetic (“VTEM”) Max survey over its 100% owned Angliers-Belleterre project (“Angliers”) in Quebec, Canada, and a large soil geochemical survey. Prospecting and rock sampling were also completed. The purpose of the exploration program was to identify targets that may represent valuable metallic mineralization, particularly nickel–copper deposits. Results of the soil survey and VTEM survey are anticipated to be received during the fourth quarter of 2024. This exploration work was funded from a flow-through financing completed in December 2023.

The VTEM survey was completed by Ontario-based Geotech Ltd. and consisted of 1,568 line-kilometers flown at 100-meter line spacing (Figure 1). In addition, a 4,971-sample soil program was completed across the same area as the VTEM survey (Figure 1). The soil collection, prospecting, and rock sampling programs were completed by Quebec-based Breakaway Exploration Management. The purpose of the VTEM survey is to define zones of conductive anomalies that may indicate metallic sulfide mineralization. Soil sampling was used to detect for the presence of metal ions that may reflect the valuable metallic mineral deposits in bedrock beneath. Coincident electromagnetic anomalies and soil anomalies represent compelling targets for drill testing.

Alaska Energy Metals Chief Geoscientist Gabe Graf commented: “We are pleased that Geotech and Breakaway have safely, responsibly, and efficiently carried out modern geophysical and geochemical surveys at our Angliers project in Quebec. We are eagerly awaiting survey results, which will be used in combination with planned geologic mapping. We hope that the results of our work will unlock multiple drill targets for testing in 2025.

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VTEM MAX SURVEY
Geotech’s VTEM survey is excellent for locating discrete, conductive anomalies as well as mapping lateral and vertical variations in resistivity. Full waveform recording is employed to achieve very clean early-time measurements to effectively resolve near-surface structures. This survey includes a high-sensitivity cesium magnetometer for mapping geologic structures and lithology. The radar altimeter has an accuracy of approximately one meter using a real-time GPS Navigation System providing an in-flight accuracy up to 1.5 meters.

VTEM survey and soil sampling grids on 1st derivative magnetic data.VTEM survey and soil sampling grids on 1st derivative magnetic data.

VTEM survey and soil sampling grids on 1st derivative magnetic data.

Figure 1. VTEM survey and soil sampling grids on 1st derivative magnetic data. (Source of base image magnetic data: Ministère des Ressources naturelles et des Forêts).

QUALIFIED PERSON
Gabriel Graf, the Company’s Chief Geoscientist, is the qualified person who reviewed and approved the technical disclosure in this news release.

For additional information, visit: https://alaskaenergymetals.com/

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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 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 energy-related 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, 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: 604-638-3164

Sarah Mawji, Public Relations
Venture Strategies
Email: sarah@venturestrategies.com
Some statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including receipt of assays from soil samples, geophysical survey results, definition of drill targets, and future drill testing. 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 are not guaranteeing of 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 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.

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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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a14158dd-6d5b-4795-bc14-bc1f20e04079



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Alaska

Alaska accuses crowdfunding websites of violating law, using charities’ names without their consent

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Alaska accuses crowdfunding websites of violating law, using charities’ names without their consent


The home page for the crowdfunding platform GoFundMe is shown on a device in New York, Oct. 16, 2024. (AP Photo/Peter Morgan, File)

The state of Alaska filed civil lawsuits Tuesday against six crowdfunding websites, accusing them of illegally soliciting donations for thousands of Alaska charities without consent.

In complaints filed at Anchorage Superior Court, the consumer protection unit of the Alaska Department of Law said GoFundMe, PayPal, Charity Navigator, Pledgling Technologies, JustGiving and Network For Good each violated the Alaska Charitable Solicitations Act thousands of times.

That act, in place since 1993, requires state registration for anyone who seeks donations on behalf of a charity.

The suits ask a judge to order the sites shut down the pages devoted to Alaska nonprofits and immediately disburse any donations to those nonprofits. It also asks for “separate civil penalties … of not less than $1,000 and not more than $25,000 per violation.”

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According to the complaints, the six crowdfunding sites scraped IRS data to obtain the information of thousands of Alaska nonprofits, then set up donation pages for each of those nonprofits without their consent.

That scraping was part of a nationwide campaign that encompassed almost a million and a half federally registered organizations.

In some cases, the sites charged fees or encouraged “tips” to themselves during the donation process. In many cases, they poured donations into a third-party account and only released donations to charities who stepped forward to claim them, according to the complaints.

Attorney General-designee Stephen Cox said the state became aware of the issue after California reporters and state officials began investigating why GoFundMe created donation pages for 1.4 million nonprofits without their consent or knowledge.

GoFundMe later took down pages created without consent, but other crowdfunding websites did not. On Tuesday morning, donation pages were still visible on Charity Navigator, one of the defendants named in the new Alaska lawsuits. GoFundMe has kept some pages created with the consent of charities.

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Earlier this week, almost two dozen state attorney generals sent a letter to GoFundMe, demanding answers to questions about its policies.

Alaska did not sign that letter, in part because officials here believed the response was too weak.

In a prepared statement, Cox said, “Alaska law is clear: if you’re going to raise money in a charity’s name, you must first get the charity’s consent. These lawsuits are about protecting donors, protecting nonprofits, and preserving the public trust that makes charitable giving possible.”

Laurie Wolf is President and CEO of the Foraker Group, which advises Alaska nonprofits and provides them with administrative support.

The Foraker Group has been issuing warnings about the issue for months, and Wolf filed an affidavit in support of the lawsuit, as did a representative of the Bethel Community Services Foundation and Bread Line Inc., which operates a food bank in Fairbanks.

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By phone on Tuesday, Wolf said the issue is a matter of consent: “They are impersonating 1.2 million nonprofits across this country, they’re impersonating them without their consent or even their knowledge.”

She said the issue became particularly important last fall, when people across the United States and the world became aware of the devastation caused by ex-Typhoon Halong in Western Alaska.

Many people, not knowing local Alaska charities, simply donated via links they found on internet searches. Some of those donations may have never reached their intended recipients.

If a crowdfunding website operates independently of the charity it intends to benefit, it might interfere with the charity’s own fundraising, she explained.

Someone might never be recognized for their gift and become angry, hurting the charity’s long-term relationship with their community.

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“They take away the ability for the organization to make choices for itself about how it wants to build trust and relationships with its donors, and how it wants to put its brand and its mission out in the public sphere. They’ve taken away all of our choices about that,” she said.

In addition, donations may be subject to fees or never reach a charity at all, particularly if the charity is unaware that a crowdfunding website is holding money for it to collect.

The Foraker Group went so far as to conduct an experiment and had an employee donate to the group through several of the defendants’ platforms. In multiple cases, it took weeks before the donation reached its intended recipient, and in some cases, the donor’s identity was concealed, making it impossible for the charity to properly thank them.

GoFundMe was the only defendant to respond to emailed inquiries before the Beacon’s reporting deadline on Tuesday.

“GoFundMe’s mission is to help people help each other by making it easier for donors to discover and support the causes they care about. We are committed to helping nonprofits reach new supporters by connecting them with the millions of people on our platform who want to make a difference. Nonprofit Pages were created using publicly available information to help people support nonprofit organizations, with donations going to the intended nonprofit,” said Jeff Platt, communications manager for GoFundMe.

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“After hearing feedback from nonprofit leaders in October, we acted quickly to make Nonprofit Pages fully opt-in, removed and de-indexed unclaimed pages, and turned off search engine optimization by default. The immediate changes we made directly addressed the concerns of the nonprofit community, and reflect our continued commitment to transparency, accountability, and partnership with the nonprofit sector,” he said.

This week’s lawsuits in state court rely in large part on the 1993 Alaska Charitable Solicitations Act.

That bill passed the Alaska Legislature amid a surge of concern about telemarketers soliciting donations by phone.

Then-Rep. Ron Larson, a Democrat from the Matanuska-Susitna Borough, sponsored the act and told fellow lawmakers at the time that “lookalike organizations” were “ripping off” legitimate charities.

The act made no mention of donations by internet, and in state law, it’s still labeled as “Telephonic solicitations,” but it goes on to state that under any circumstances it is unlawful to use a charity’s name or symbol without their permission.

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“Alaskans are generous people. But generosity depends on trust,” Cox said in his prepared statements. “GoFundMe and similar platforms used nonprofits’ good names to solicit donations without coordinating with the organizations actually doing the charitable work. That means some Alaskans may have donated thinking they were supporting a specific charity, when the charity never authorized the page and may never have received the donation — or may have received less than donors intended because of fees.”

Originally published by the Alaska Beacon, an independent, nonpartisan news organization that covers Alaska state government.





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Jessie Holmes wins Alaska Air Transit Spirit of Iditarod Award

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Jessie Holmes wins Alaska Air Transit Spirit of Iditarod Award


 

Veteran musher Jessie Holmes (bib # 7 ), of Brushkana, Alaska was the first musher to reach the McGrath checkpoint at  8:03 p.m. today with 16 dogs in harness, winning the Alaska Air Transit Spirit of Iditarod Award. 

First presented in 2019 and given to the first musher to reach the McGrath checkpoint, this award is presented by Lead Dog partner, Alaska Air Transit. First introduced in 2019, this award honors the first musher to arrive at the McGrath Checkpoint. The McGrath community shares deep ties to the Iditarod, and the award reflects that connection, featuring beaver fur mushers mitts with Athabaskan beadwork on moose hide, handcrafted by Loretta Maillelle of McGrath, along with a beaver fur hat made by Rosalie Egrass of McGrath. The award was presented to Holmes by Jessica Beans-Vaeao, Charter Coordinator for Alaska Air Transit

“Our team is excited to present this Spirit of Iditarod award in McGrath again this year. The Beaded Moose Hide and Beaver Mitts were made by Loretta Maillelle of McGrath, and the hand sewn Beaver Hat was made by Rosalie Egrass of McGrath. Rosalie Egrass was able to fly home on our plane that took our crew and the award to McGrath, which made for a pretty special trip! We are proud to be providing service to McGrath, and feel that all local Air Carriers represent the spirit of Iditarod throughout Alaska on a daily basis. It is great to be a part of the air carriers that service the state with essential supplies and transportation, and to be a part of the Iditarod in a meaningful way,” said Josie Owen, owner of Alaska Air Transit. 

 

This is Alaska Air Transit’s eighth year sponsoring the Iditarod and seventh year presenting the Spirit of Iditarod Award. Alaska Air Transit offers crucial flight support statewide via air charter and provides scheduled service to the Upper Kuskokwim communities of Nikolai, McGrath, Takotna and Tatalina as well as the Prince  William Sound communities of Tatitlek and Chenega.  

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Alaska High School Girls Basketball 2026 ASAA State Championship Brackets – March 10

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Alaska High School Girls Basketball 2026 ASAA State Championship Brackets – March 10


The 2026 Alaska high school girls basketball state championships begin this week, and High School On SI has brackets for all four classifications.

The brackets will be updated with scores and matchups throughout the week.

All four classifications will play their state championship games at Alaska Airlines Center in Anchorage.

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The 1A and 2A championships run March 11-14. Classes 3A and 4A play the following week, March 18-21.

Alaska High School Girls Basketball 2026 State Championship Brackets, Matchups, Schedule – March 10

3/11 – Shaktoolik (1) vs. Arlicaq (16)

3/11 – Kake (8) vs. Tri-Valley (9)

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3/11 – Fort Yukon (4) vs. Andreafski (13)

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3/11 – Sand Point (5) vs. Napaaqutgmiut (12)

3/11 – Scammon Bay (2) vs. Nunamiut (15)

3/11 – Akiuk Memorial (7) vs. Newhalen (10)

3/11 – Davis-Romoth (3) vs. Cook Inlet Academy (14)

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3/11 – Hoonah (6) vs. Shishmaref (11)


3/12 – Seward (1) vs. Chevak (8)

3/12 – Metlakatla (4) vs. Cordova (5)

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3/12 – Craig (2) vs. Susitna Valley (7)

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3/12 – Glennallen (3) vs. Degnan (6)


3/18 – Barrow (1) vs. Kotzebue (8)

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3/18 – Grace Christian (4) vs. Galena (5)

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3/18 – Monroe Catholic (2) vs. Delta (7)

3/18 – Mt. Edgecumbe (3) vs. Kenai Central (6)

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3/18 – Mountain City Christian Academy (1) vs. North Pole (8)

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3/18 – Colony (4) vs. West (5)

3/18 – Bartlett (2) vs. Juneau-Douglas (7)

3/18 – Wasilla (3) vs. Service (6)


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