Global Energy Metals says latest Werner Lake assays confirm mineralisation at depth
The assays hail from the summer work programme, undertaken by the group's partner Marquee Resources
Company
CVE:GEMC
Global Energy Metals Corp offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified global portfolio of exploration and growth-stage battery mineral assets. Global Energy Metals recognizes that the proliferation and growth of the electrified economy in the coming decades is underpinned by the availability of battery metals, including cobalt, nickel, copper, lithium and other raw materials. To be part of the solution and respond to this electrification movement, Global Energy Metals has taken a ‘consolidate, partner and invest’ approach and in doing so have assembled and are advancing a portfolio of strategically significant investments in battery metal resources. As demonstrated with the Company’s current copper, nickel and cobalt projects in Canada, Australia, Norway and the United States, GEMC is investing-in, exploring and developing prospective, scaleable assets in established mining and processing jurisdictions in close proximity to end-use markets. Global Energy Metals is targeting projects with low logistics and processing risks, so that they can be fast tracked to enter the supply chain in this cycle. The Company is also collaborating with industry peers to strengthen its exposure to these critical commodities and the associated technologies required for a cleaner future. Securing exposure to these critical minerals powering the eMobility revolution is a generational investment opportunity. Global Energy Metals believe the the time to be part of this electrification movement.
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The assays hail from the summer work programme, undertaken by the group's partner Marquee Resources
Global Energy Metals Corp. announced Monday that it has appointed Alex Hewlett and Mitchell Smith to its board of directors.
Standout assays were 3.8m at 1.39% cobalt including 1.6m at 3.23% cobalt, from 36.7m in one hole.
Phase 1 of the program will consist of around 2,000m of diamond drilling..
The company announced today that it will acquire 100% of the Millennium cobalt property and the neighbouring Mt. Isa cobalt projects after it struck a deal with partner Hammer Metals.
The firm is building a district-scale cobalt opportunity in Queensland, Australia
Drilling was testing the near-surface portion of the Millenium deposit.
The project in Queensland covers a sulphide-rich mineralized zone containing cobalt, copper and gold
Appointee Giulio T. Bonifacio has experience in operations, capital markets, project finance and mergers and acquisitions.
Global Energy Metals has in-depth expertise in cobalt, and a promising portfolio of assets
The company can earn up to 70% of the Werner Lake cobalt project.
In total, 72 samples were collected for analysis, the company told investors
The current drill campaign comprises 10 diamond holes, of which six have been reported to date...
A drilling contract has been executed for diamond drilling totalling 3,500 metres.
GEMC will be highlighting its successful drilling campaign at its Millennium Cobalt project. To date, all holes in the program have intersected wide and high-grade cobalt and copper material.
The OTCQB is a US trading platform operated by the OTC Markets Group in New York. The company's shares will continue to trade on the TSX venture exchange under the symbol GEMC as well as the Frankfurt exchange under the symbol 5GE1
Partner Marquee Resources has struck a deal with Manitoba-based contractor Mink Creek Drilling
Marquee Resources can earn up to a 70% interest in the project in Ontario by spending C$2.5mln
The aim is to give attendees an understanding of investing in the cobalt space
The firm's deal with Hammer allows it to acquire a 75% stake by completing work and spending C$2.5mln within three years