Business
Global Energy Metals Announces Strategic Review of its Nevada-Based Lovelock and Treasure Box Copper-Nickel-Cobalt Projects; Engages Dahrouge Geological to Prepare Technical Report
(TheNewswire) Vancouver, BC - TheNewswire - October 11, 2023 - Global Energy Metals Cor...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Announces Strategic Review of its Nevada-Based Lovelock and Treasure Box Copper-Nickel-Cobalt Projects; Engages Dahrouge Geological to Prepare Technical Report\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 Vancouver, BC - TheNewswire - October\n11, 2023 -\n \n \n Global Energy\nMetals Corporation\n \n \n (\n \n \n TSXV:GEMC\n \n \n )\n \n \n (\n \n \n OTC:GBLEF\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 multi-jurisdictional,\nmulti-commodity critical mineral exploration and development company\nfocused on growth-oriented battery metal projects supporting the\nglobal transition to clean energy, is pleased to announce that it will\nundertake a strategic review of the Company’s\n \n \n \n \n Lovelock Mine and\nTreasure Box projects (the “Projects) located in Nevada,\nUSA\n \n \n \n \n \n . This strategic\nreview follows the successful negotiation and closing of the\nconsolidation of 100% ownership in the Projects. GEMC holding 100%\nownership of the Projects simplifies decision-making and provides the\noptimal structure to oversee the rapid exploration and development of\nkey U.S. based battery minerals projects at a time when securing\nfuture supply of critical minerals required for a North American\nbattery supply chain is a top priority.\n \n \n \n \n \n \n Mitchell Smith, Global\nEnergy Metals’ CEO and Director, said:\n \n \n \n \n “\n \n \n \n Lovelock\nMine and Treasure Box are highly prospective, drill ready, copper,\nnickel, cobalt exploration projects, positioning these assets as a\nhigh-priority for future development to potentially benefit from the\nnear to mid-term expected supply shortages with battery minerals.\nAdditionally, the Projects are located in Nevada, a strong mining\njurisdiction with a history of support for the development and\noperation of base-metal projects. We will consider all potential\noptions that result from this tactical review and see this well-timed\ncalculated undertaking as a way to maximize value for\nshareholders.\n \n \n \n ”\n \n \n \n \n \n The decision to undertake a strategic\nreview of the Projects has been prompted by the ongoing developments\nin the bat...