Company
Metal Energy Corp
CVE:MERG
Metal Energy Corp’s focus is exploration and development of critical raw materials for the modern “electrification-of-things” industry, such as electric vehicles and renewable energies. The Company has recently acquired the SourceRock lithium brine project in Ontario, the first of its kind. SourceRock differs from other brine deposits in that the rocks and fluids are over 1 billion years old, providing ample timeframe for Li concentration within brines. A “proof-of-concept” drill program is planned before year end 2023. The Company’s second project is high-grade nickel within the Thompson Nickel Belt, Manitoba. Metal Energy completed 12,500 metres of diamond drilling in 2022: all drill holes intersected Ni sulphide mineralization, including highlights such as 36.55 m of 1.13% Ni(eq), 68.55 m of 0.82% Ni(eq), and 85.3 m of 0.67% Ni(eq).
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