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Global Energy Metals Announces Delivery of Substantial Resource Tonnage And Grade Increase at The Millennium Cobalt-Copper-Gold Project - A Near Term Critical Mineral Project in Australia
(TheNewswire) Vancouver, BC / TheNewswire / March 21, 2023 / Global Energy Meta...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Announces Delivery of Substantial Resource Tonnage And Grade Increase at The Millennium Cobalt-Copper-Gold Project - A Near Term Critical Mineral Project in Australia\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 \n \n \n \n \n \n \n \n Vancouver, BC / TheNewswire / March 21, 2023 /\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 \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 “Company” and/or\n“GEMC\n \n \n \n \n ”)\n \n \n \n , a company involved in the\ninvestment exposure to the battery metals supply chain, is pleased to\nprovide a key 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.  Global Energy Metals holds a 49% carried\ninterest in the Project.\n \n \n \n \n Highlights\n \n \n \n \n \n \n Updated JORC 2012 Mineral Resource Estimate (MRE) of\n8.4Mt @ 1.23% CuEq (0.09% Co, 0.29% Cu and 0.12g/t Au) including open\ncut (86%) and underground (14%) Resources\n \n \n \n \n \n \n Represents 42% tonnage increase and 14% grade increase\nfrom 2016 MRE\n \n \n \n \n \n \n Tonnage of mineralisation pre application of\nRPEEE\n \n \n \n 1\n \n \n \n has doubled with new significant\nExploration Target\n \n \n \n \n \n \n Bulk of the deposit is from surface, amenable to open\ncut mining and remains open at depth with high grade Co and Cu\nunderground mining potential\n \n \n \n \n \n \n Excellent metallurgy supports economic potential for\nfuture extraction\n \n \n \n \n \n \n Next steps include additional metallurgical drilling\nand test work leading to scoping and subsequently pre-feasibility\nstudies.\n \n \n \n \n \n \n \n \n \n \n \n Resource\n \n \n \n \n \n \n \n \n CuEq% Cut-off\n \n \n \n \n \n \n \n \n Classification\n \n \n \n \n \n \n \n \n Tonnes (Mt)\n \n \n \n \n \n \n \n \n CuEq%\n \n \n \n \n \n \n \n \n Co%\n \n \n \n \n \n \n \n \n Cu%\n \n \n \n \n \n \n \n \n Au g/t\n \n \n \n \n \n \n \n \n Ag g/t\n \n \n \n \n \n \n \n \n \n \n O/C\n \n \n \n \n \n \n \n \n 0.4\n \n \n \n \n \n \n \n \n Inferred\n \n ...