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Drilling Confirms Mineralisation at Depth at the Werner Lake Cobalt Project in Ontario, Canada
(via TheNewswire) Vancouver, BC / TheNewswire / October 29, 2018 - Global Energy Metal...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Drilling Confirms Mineralisation at Depth at the Werner Lake Cobalt Project in Ontario, Canada(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / October 29, 2018 - Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (\"Global Energy Metals\", the \"Company\" and/or \"GEMC\") is pleased to announce that following the successful completion of a phase 1 exploration program that partner Marquee Resources Limted (\"Marquee\") has confirmed encouraging consistency of data from previous drill campaigns at the Werner Lake Cobalt project (\"Werner Lake\" and/or the \"Project\") located in Ontario, Canada. \n\n\n \nThe multi-phase Werner Lake exploration program is part of a $2.5 million commitment to advance the project and is being solely funded by Marquee for their earn-in of up to 70% interest in the Project. Global Energy Metals currently owns 100% of the Werner Lake Project.\n\n\n \nPhase 2 drill campaign has intersected further extensions to cobalt sulphide mineralisation: \n\n\n \n\n\n-0.55 m @ 0.534% Co from 202.75 m and 0.73 m @ 0.159% Co from 210.20 m in WL 18-08.\n\n\n\n- 0.89 m @ 0.365% Co from 253.86 m from 253.86 in WL 18-09.\n\n\n\n- 1.26 m @ 0.299% Co from 279.23 in WL 18-12.\n\n\n\n- 3.90 m @ 0.214% Co from 346.00 m, including 2.00 m @ 0.339% Co in WL 18-13.\n\n\n\n- Marquee has now completed 18 holes for 4,800 m at the Werner Lake Project with assays for drill holes WL 18-14 through WL 18-16 anticipated shortly.\n\n\n\n- Five metallurgical drill holes for 452m have also been completed with met-test work underway.\n\n\n\n\n \nPaul Sarjeant, VP Projects commented:\n\n\n \n\"These latest results further confirm the presence of extensive cobalt sulphide mineralisation at the Werner Lake deposit. We are particularly encouraged by the results of holes WL 18-12 and WL 18-13 which were some of the deepest holes drilled at the project and indicate that the mineralisation does infact extend to depth and down plunge as suggested by previous work campaigns at the project. We look forward to reporting the next holes of the phase 2 drill program shortly as our partner move towards updating the cobalt resource at Werner Lake.\"\n\n\n \nTable 1: Significant Diamond Drill Results - Werner Lake\n\n \n\nDrill Hole\n\n\n\n\nFrom (m)\n\n\n\n\nTo (m)\n\n\n\n\nIntercept (m)*\n\n\n\n\nCo (%)\n\n\n\n\nCu (%)\n\n\n\n\nWL 18-0...