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Global Energy Metals Commences First-Ever Drill Program at the Lovelock Cobalt-Nickel-Copper Project in Nevada; Provides Raw Material to American Battery Technology Company for Processing

(TheNewswire) Vancouver, BC - TheNewswire - October 18, 2021 - Gl...

articleGlobal Energy Metals CorpOctober 18, 20213/company/global-energy-metals-corp/news/global-energy-metals-commences-first-ever-drill-program-at-the-lovelock-cobalt-nickel-copper-project-in-nevada-provides-raw-material-to-american-battery-technology-company-for-processing
Global Energy Metals Commences First-Ever Drill Program at the Lovelock Cobalt-Nickel-Copper Project in Nevada; Provides Raw Material to American Battery Technology Company for Processing

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[{"type":"text","content":"Global Energy Metals Commences First-Ever Drill Program at the Lovelock Cobalt-Nickel-Copper Project in Nevada; Provides Raw Material to American Battery Technology Company for Processing\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Vancouver, BC - TheNewswire - October 18, 2021 -\n \n \n \n \n Global\nEnergy Metals Corporation\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 \n \n \n \n \n OTC:GBLEF\n \n \n \n \n \n )\n \n \n \n \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 \n a company involved\nin the investment exposure to the battery metals supply chain, is\npleased to announce that drilling has commenced at the\n \n \n \n \n \n Lovelock\nCobalt-Nickel-Copper project\n \n \n \n \n \n (“Lovelock”) located in the prolific IOCG belt of the\nStillwater Range in Nevada, USA.  Global Energy Metals has undertaken\na thorough technical review of the Lovelock data and has prioritized a\nseries of drill targets which will be tested with an initial planned\nprogram of four holes totalling approximately 1,000\nmetres.\n \n \n \n \n \n As a result of its recently announced\n \n \n \n \n collaborative agreement\nwith American Battery Technology Company\n \n \n \n \n (“ABTC”), GEMC has now provided raw material from its\nNevada based projects to undergo an in-house procedure of developing\nnew first-of-kind processes for producing battery cathode grade nickel\nand cobalt metal sulfates.  This fundamental development work will\nconsist of rigorous thermodynamic analytic modeling, bench scale\nempirical trials, and techno-economic analyses to quantify the\ncompetitiveness of the developed process flowsheets against current\nmarket conditions.\n \n \n \n \n \n Highlights\n \n \n \n \n \n \n \n \n - Initial 1,000 metres of targeted\nreverse-circulation drilling focused on making new\ncopper-nickel-cobalt discoveries along newly defined conductors at\nLovelock;\n \n \n \n \n \n \n - Recent geophysics studies have\nidentified high-priority drill targets that complement the exploration\nfieldwork previously conducted;\n \n \n \n \n \n \n - There is strong discovery potential in\nand around the L...

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