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Global Energy Metals Announces Metallurgical Drilling Thickens Cobalt-Copper Sulphide Zone at the Werner Lake Cobalt Project
(via TheNewswire) Vancouver, BC / TheNewswire / November 27, 2018 / Global Energy Meta...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Announces Metallurgical Drilling Thickens Cobalt-Copper Sulphide Zone at the Werner Lake Cobalt Project(via TheNewswire)\n\n \nVancouver, BC / TheNewswire / November 27, 2018 / Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (\"Global Energy Metals\", the \"Company\" and/or \"GEMC\") is pleased to report that assay results from metallurgical drill holes 18MET-01 to 18MET-05 have been reported 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 a 70% interest in the Project.\n\n\n \nHighlights:\n\n\n \n\n\nCompletion of five metallurgical drill holes collecting approximately 150kgs of HQ core, composited and shipped to the SGS Lakefield lab for further metallurgical work. \n\n\n\n18MET-05 drilled in the West Mine Zone indicated a thickening of the sulphide zone in this area which will be explored further in the next phase of drilling.\n\n\n\n\n\n7.33m @ 0.827% Co (from 75.28 m down hole).\n\n\n\n\n\n18MET-04 intersected two zones of copper mineralisation down hole from sulphide cobalt zones. \n\n\n\n\n\n7.41 m @ 0.123% Cu (from 133.6 m down hole) correspond to a wide intercept of sulphides.\n\n\n\n\n\n18MET-03 was drilled to fill a gap in the resource estimate between historic drill holes. \n\n\n\n\n \n\n\n\n\nThe best interval was 1.35 m @ 0.418% Co (from 32.27 m down hole). \n\n\n\nA second high grade interval of 1.14 m @ 0.293% Co (from 40.07 m down hole).\n\n\n\n\n\n\n \n\n\n18MET-01 returned 1.90 m @ 0.445% Co (from 36.10 m down hole).\n\n\n\nSamples will also be sent to Zhejiang Meidu Haichuang Lithium Battery Technology Co., Ltd (\"China Hitrans\") a potential off-take partner of Marquee. \n\n\n\nCurrently Marquee has an interest in 30% of the Werner Lake deposit and as such any proposed off-take would only apply to this interest.\n\n\n\nAssay results still pending for the final drill holes from Phase 2 drilling program.\n\n\n\n \n \n18MET-01:\n\n\n \nDrilled at the Old Mine Site area and was designed to intersect between historic holes O-054 (1.29 m@ 0.192% Co) and O-063 (2.00m @ 0.400% Co...