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General mining & base metals

Global Energy Metals to bang the drum at upcoming cobalt conferences

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.

Global Energy Metals Corp (CVE:GEMC, OTCQB:GBLEF) will be attending a number of upcoming resource and cobalt specific conferences.

The company will be exhibiting at the Cambridge House International Mining Investment Conference being held in Vancouver May 15-16, 2018.

READ: Global Energy Metals hits wide cobalt mineralisation in three holes in first phase drilling at Millennium project​

Representatives will be available at booth 311, highlighting the investment opportunity Global Energy Metals presents for exposure to cobalt. With demand across most major end-use applications set to increase, and with demand from the battery sector expected to enjoy double-digit growth over the coming decade, the market is gearing itself up for a sustained period of unprecedented cobalt consumption growth, the company said.

A tight market set against the anticipated demand for cobalt in lithium-ion batteries has helped prices reach ten-year highs with high-grade cobalt prices as high as US$44.5/lb in late April 2018.

The president & chief executive officer, Mitchell Smith, will be highlighting recent achievements having successfully hit wide cobalt mineralisation in every hole at its Millennium Cobalt project and will outline upcoming catalysts as part of the company's corporate growth strategy at 1:20pm in Workshop 3 on May 15.

The company's management will be attending one-on-one meetings during the conference and interested parties are invited to contact the company to arrange a meeting.

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