Global Energy Metals Announces Commencement of Partner Funded Exploration Work Program at the Millennium Cobalt-Copper-Gold Project in Queensland, Australia

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[{"type":"text","content":"Global Energy Metals Announces Commencement of Partner Funded Exploration Work Program at the Millennium Cobalt-Copper-Gold Project in Queensland, Australia\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Vancouver, BC - TheNewswire - July 15, 2021 -\n \n \n \n \n Global Energy Metals\nCorporation\n \n \n \n \n \n (\n \n \n \n \n \n TSXV:GEMC\n \n \n \n \n \n ) | (\n \n \n \n \n \n OTC:GBLEF\n \n \n \n \n \n ) | (\n \n \n \n \n \n FSE:5GE1\n \n \n \n \n \n )\n \n \n \n \n (“Global Energy Metals”, the\n“Company” and/or “GEMC\n \n \n \n \n ”),\n \n \n \n \n a company involved in investment exposure to the battery\nmetals supply chain, is pleased to advise that its partner, Metal Bank\nLimited (“MBK”) has commenced initial exploration as part of a\n \n \n \n \n \n six month exclusive\noption\n \n \n \n \n \n (‘Option’)\nfor MBK to earn-in and joint venture the Millennium Copper, Cobalt and\nGold Project in Mt Isa, Queensland (‘Millennium Project’).\n Initial field reconnaissance and mapping completed in early July\nhave confirmed outcropping copper mineralisation and key stratigraphic\nunits, adding support to target continuity in the north of the\nProject. MBK is now progressing and finalising an RC drill program to\ntest the northern extensions of the Project, with drilling scheduled\nto commence in early August 2021.\n \n \n \n \n \n Highlights\n \n \n \n \n - MBK has commenced its initial exploration program at\nMillennium as part of its exclusive option over the Project,\n \n \n \n \n - Initial fieldwork has identified Cu mineralisation at\nsurface in the Project’s “Northern Zone” extending the target\nzone ,\n \n \n \n \n - Up to 800m RC drilling of the untested Northern Zone\nscheduled for early August,\n \n \n \n \n - At the end of the 6 month option period, MBK will\nhave the right to commence a formal earn-in to the Project to earn up\nto an 80% interest, and\n \n \n \n \n - Millennium contains an inferred Cu equivalent Mineral\nResource of 5.9MT\n \n \n \n 1\n \n \n \n with\nsubstantial growth upside, in close proximity to processing solutions\nand excellent infrastructure in the Mount Isa region\n \n \n \n \n Mitchell Smith, President & CEO\ncommented on MBK\n \n \n \n \n completing its initial fieldwo...

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