GBLEF - Global Energy Metals Engages SJ Geophysics for Project Data Compilation and Interpretation at Nevada-Based Treasure BX Copper Cobalt Project
(TheNewswire)
Vancouver, BC - TheNewswire - February 8, 2022 - Global Energy MetalsCorporation ( TSXV:GEMC ) | ( OTC:GBLEF ) | FSE:5GE1 (“Global Energy Metals”, the“Company” and/or “GEMC ”), a company involved in investment exposure to the batterymetals supply chain, is pleased to announce that the Company hasengaged SJ GeophysicsLtd. (“SJGeophysics”) to assemble a complete, extensive, comprehensive anddetailed data compilation and interpretation program for its Treasure BoxProject , locatedapproximately 150km (100mi) east of Reno in the Stillwater Range,Churchill County, Nevada (the “Project”). Treasure Box isconsidered to be highly prospective with supergene-enriched iron oxidecopper-gold (“IOCG”) style mineralization that includes thepotential for discovery of high-grade copper and cobalt.
The compilation and interpretation work will includeincorporating the first ever, high-quality, detailed magnetic surveycompleted on the property which highlighted multiple zones ofinterest, along with all known lithological and mineralogicalinformation and known structural measurements to allow for the framingof a comprehensive structural and geological map that will vectorfieldwork towards those areas of highest merit for exploration andtarget high-priority areas for drilling.
SJ Geophysics will reinterpret historical drilling andmining data related to the Company’s cobalt-copper TreasureBox project and will review andincorporate historical geological data collected from previousoperators spanning over a century in order to support upcomingexploration programs at the Project.
In addition, SJ will evaluate the recent drilling atthe Lovelock Project from a geophysical data perspective. SJ performedthe initial IP survey and integrated the results of the airbornemagnetic survey and then made recommendations relative to drill holelocation and orientation. The drill program was directed at severaltarget areas within the property: the Lovelock Mine Zone and targetsgenerated through surface sampling, mapping and a high-power inducedpolarisation (“IP”) ground geophysical survey, which weresubsequently prioritized by a follow-up surface geochemical programand airborne magnetic survey. Several of these anomalies weretargeted for the initial drilling program in 2021.
Qualified Person
Mr. Paul Sarjeant, P. Geo., is the qualified person forthis release as defined by National Instrument 43-101 - Standards ofDisclosure for Mineral Projects and has reviewed and verified thetechnical information contained herein.
About SJ Geophysics Ltd.
SJ Geophysics Ltd. and its subsidiary S.J.V.Consultants Ltd. provide geophysical contracting and consultingservices to the global mineral exploration community. Groundgeophysical surveys have been conducted in over 30 countries on 6continents in a wide range of conditions and geologic environments. SJGeophysics has developed a proprietary Volterra DistributedAcquisition System, a modern multi-method geophysical system, capableof acquiring 2D/3DIP, EM, MT, and Borehole data. The company hasworked on a wide range of deposit types across the world and hassignificant experience with 3D magnetic and 3D induced polarizationmodeling and interpretation.
Global Energy MetalsCorporation
(TSXV:GEMC |OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offersinvestment exposure to the growing rechargeable battery and electric vehicle market by building a diversified global portfolioof exploration and growth-stage battery mineral assets.
Global Energy Metalsrecognizes that the proliferation and growth of the electrifiedeconomy in the coming decades is underpinned by the availability ofbattery metals, including cobalt, nickel, copper, lithium and otherraw materials. To be part of the solution and respond to thiselectrification movement, Global Energy Metals has taken a‘consolidate, partner and invest’ approach and in doing so haveassembled and are advancing a portfolio of strategically significantinvestments in battery metal resources.
As demonstrated withthe 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 establishedmining and processing jurisdictions in close proximity to end-usemarkets. Global Energy Metals is targeting projects with low logisticsand processing risks, so that they can be fast tracked to enter thesupply chain in this cycle. The Company is also collaborating withindustry peers to strengthen its exposure to these criticalcommodities and the associated technologies required for a cleanerfuture.
Securing exposure tothese critical minerals powering the eMobility revolution is agenerational investment opportunity. Global Energy Metals believe thethe time to be part of this electrification movement
For FurtherInformation:
Global Energy MetalsCorporation
#1501-128 West PenderStreet
Vancouver, BC, V6B 1R8
Email: info@globalenergymetals.com
t. + 1 (604) 688-4219
www.globalenergymetals.com
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Cautionary Statementon Forward-Looking Information:
Certain informationin this release may constitute forward-looking statements underapplicable securities laws and necessarily involve risks associatedwith regulatory approvals and timelines. Although Global Energy Metalsbelieves the expectations expressed in such forward-looking statementsare based on reasonable assumptions, such statements are notguarantees of future performance and actual results or developmentsmay differ materially from those in the forward-looking statements.Except as required by law, the Company undertakes no obligation toupdate these forward-looking statements in the event thatmanagement’s beliefs, estimates or opinions, or other factors,should change.
GEMC’s operationscould be significantly adversely affected by the effects of awidespread global outbreak of a contagious disease, including therecent outbreak of illness caused by COVID-19. It is not possible to accurately predict the impact COVID-19 will have onoperations and the ability of others to meet their obligations,including uncertainties relating to the ultimate geographic spread ofthe virus, the severity of the disease, the duration of the outbreak,and the length of travel and quarantine restrictions imposed bygovernments of affected countries. In addition, a significant outbreakof contagious diseases in the human population could result in awidespread health crisis that could adversely affect the economies andfinancial markets of many countries, resulting in an economic downturnthat could further affect operations and the ability to finance itsoperations.
For more informationon Global Energy and the risks and challenges of their businesses,investors should review the filings that are available atwww.sedar.com.
Neither TSX VentureExchange nor its Regulation Services Provider (as that term is definedin the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release.
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