Business
Global Energy Metals Announces Copper-Cobalt Grades Continue at Depth at Millennium with Balance of RC and Diamond Drilling Assays Received from Partner Funded Exploration
(TheNewswire) Vancouver, BC - TheNewswire - October 31, 2022 - Global Energy Metals C...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Announces Copper-Cobalt Grades Continue at Depth at Millennium with Balance of RC and Diamond Drilling Assays Received from Partner Funded Exploration\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC - TheNewswire - October\n31, 2022 - Global Energy Metals Corporation\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 (“Global Energy Metals”, the “Company” and/or\n“GEMC”)\n \n \n , a company involved in investment\nexposure to the battery metals supply chain, is pleased to provide an\nexploration update from its\n \n \n \n \n Millennium\ncopper-cobalt-gold (Cu-Co-Au) project\n \n \n \n \n (“Millennium” and/or the “Project”) located in\nQueensland, Australia.  The exploration program is being fully funded\nby Metal Bank Ltd. (“MBK”) as it earns up to an 80% interest in\nthe project through staged exploration and milestone share equity\npayments.  Global Energy Metals currently holds 100% of the Project\nthrough its wholly-owned subsidiary Element Minerals Australia Pty Ltd\nand currently has a\n \n \n \n \n 31,250,000  share\nequity position in MBK\n \n \n \n \n .\n \n \n \n \n Highlights\n \n \n \n \n \n \n Remaining assays received from\nrecently completed drilling at Millennium Cu-Co-Au\n \n \n \n \n \n \n Diamond drill extension results\ninclude:\n \n \n \n \n \n \n 17m @ 0.43% Cu, 0.11% Co and 0.08g/t Au from 234m\n(MI22RD02)\n \n \n \n \n \n \n 1m @ 2.08% Co and 0.15g/t Au from 179m\n(MI22RD05)\n \n \n \n \n \n \n 2m @ 0.52% Co from 237m (MI22RD05)\n \n \n \n \n \n \n 6m @ 0.52% Cu, 0.08% Co and 0.18g/t Au from 265m\n(MI22RD05)\n \n \n \n \n \n \n \n \n Remaining RC results from the\nNorthern Area including:\n \n \n \n \n \n \n 16m @ 0.42% Cu from 9m (MI22RC016)\n \n \n \n \n \n \n 6m @ 0.27% Cu from 35m (MI22RC018) towards the\nQuamby/Fountain Range Fault Zone\n \n \n \n \n \n \n \n \n \n \n Resource review and upgrade work in\nprogress\n \n \n \n \n \n \n Mitchell Smith, CEO & Director of\nGEMC commented:\n \n \n \n \n “The Metal Bank funded drilling\nresults at Millennium continue to impress.  The exploration to date\nhas shown the true potential for ...