GBLEF - Global Energy Metals Project Development Manager Interviewed by Proactive; Provides Details on Planned Inaugural Drill Program at Lovelock Cobalt Nickel Copper Project in Nevada
(TheNewswire)
Vancouver, BC - TheNewswire - September 30, 2021 - GlobalEnergy Metals Corporation ( TSXV:GEMC ) | ( OTC:GBLEF ) | ( FSE:5GE1 ) (“Global Energy Metals”, the “Company” and/or“GEMC ”), a company involvedin investment exposure to the battery metals supply chain, is pleasedto report that Project DevelopmentManager, Timothy Strong, joined Steve Darling fromProactive to sharenews that the Company has secured O’Keefe Drilling, a drillingcontractor based in Butte, Montana, to complete up to 1,000 metres ofreverse circulation drilling at the Lovelock Cobalt-Nickel-Copperproject in Nevada, USA.
Strong explains to Proactive host, SteveDarling, that the drilling will focus on making newcopper-nickel-cobalt discoveries along newly defined conductors atLovelock which were identified from exploration fieldwork, surface andunderground mapping, as well as geophysics studies.
News Release LinkedBelow:
September 29, 2021: Global Energy Metals Secures Drill Contractor and Prepares toMobilize for First-Ever Drill Program at the LovelockCobalt-Nickel-Copper Project in Nevada
The Company will be providing shareholders andinterested parties updates on the drilling activities at Lovelock aswell as on other corporate activities including developments with thenewly entered into collaboration withAmerican Battery Technology Company ,ongoing exploration and studiesbeing completed at its Millennium Cobalt-Copper-Goldproject in Queensland, Australiathrough work being done by Metal Bank Limited, Phase 2 work program atthe Monument Peak project in Idaho,USA and further monetization of project holdings including the Råna and past-producingBruvann Nickel mine in emergingEuropean battery manufacturing hub, Norway.
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Watch Interview: Global Energy Metalsready for first-ever drill program at Lovelock Cobalt-Copper Projectin Nevada - Steve Darling, Proactive & TimothyStrong, GEMC
" We’ve put a lot of work in recently interms of geophysics, underground mapping and data interpretation todevelop high priority drill targets. This is what we want to test,we want to follow up on this known high-grade mineralization. We’lldrill around a thousand meters as a start for this first pass initialconfirmation of grades and then plan to follow up with subsequentstages as soon as possible,” said Timothy Strong .
Highlights
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- Up to 1,000 metresof targeted reverse-circulation drilling;
- Drilling will focuson making new copper-nickel-cobalt discoveries along newly definedconductors at Lovelock;
- Recent geophysicsstudies have identified high-priority drill targets that complementthe exploration fieldwork previously conducted;
- There is strongdiscovery potential in and around the Lovelock properties as well asat regional targets identified; and
- Modern explorationtechniques and methods are being utilized at the Company’s U.S.properties with a goal of making new discoveries of battery metalscritical to the technologies enabling a low-carboneconomy.
In recognition of Orange Shirt Day & Canada'sNational Day of Truth & Reconciliation, Global Energy Metalshonours the Indigenous children who lost their lives at residentialschools, as well as the survivors & their families, & extendour global commitment to supporting Indigenous communities.
Global Energy MetalsCorporation
(TSXV:GEMC |OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offers investment exposure to the growingrechargeable battery and electric vehicle market by building adiversified global portfolio of exploration and growth-stage batterymineral assets.
Global Energy Metals recognizes thatthe proliferation and growth of the electrified economy in the comingdecades is underpinned by the availability of battery metals,including cobalt, nickel, copper, lithium and other raw materials. Tobe 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 portfolioof strategically significant investments in battery metalresources.
As demonstrated with the Company’scurrent copper, nickel and cobalt projects in Canada, Australia,Norway and the United States, GEMC is investing-in, exploring anddeveloping prospective, scaleable assets in established mining andprocessing jurisdictions in close proximity to end-use markets. GlobalEnergy Metals is targeting projects with low logistics and processingrisks, so that they can be fast tracked to enter the supply chain inthis cycle. The Company is also collaborating with industry peersto strengthen its exposure to these critical commodities and theassociated technologies required for a cleaner future.
Securing exposure to these criticalminerals 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 toaccurately predict the impact COVID-19 will have on operations and theability of others to meet their obligations, including uncertaintiesrelating to the ultimate geographic spread of the virus, the severityof the disease, the duration of the outbreak, and the length of traveland quarantine restrictions imposed by governments of affectedcountries. In addition, a significant outbreak of contagious diseasesin the human population could result in a widespread health crisisthat could adversely affect the economies and financial markets ofmany countries, resulting in an economic downturn that could furtheraffect 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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