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Global Energy Metals JV Partner Kingsrose Mining Intercepts New Zones of Nickel Sulphide Mineralisation at the Rana Project, Norway
(TheNewswire) Vancouver, BC - TheNewswire - February 5, 2024 - Global Energy Metals Corpora...
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[{"type":"text","content":"Global Energy Metals JV Partner Kingsrose Mining Intercepts New Zones of Nickel Sulphide Mineralisation at the Rana Project, Norway\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 -\nTheNewswire - February 5, 2024 - 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 multi-jurisdictional, multi-commodity critical mineral\nexploration and development company focused on growth-oriented metal\nprojects supporting the global transition to clean energy, is pleased\nto announce, joint venture partner Kingsrose Mining Limited\n(“Kingsrose”) has reported (see ASX:KRM news release dated\nFebruary 5, 2024) that analytical results have been received from the\n2023 core drilling program at the\n \n \n \n \n Råna Nickel-Copper-Cobalt\nproject\n \n \n \n \n \n (“Råna) in Norway,\nwhere a total of 4,318 metres was drilled in 12 holes (Figures 1 to 7,\nTables 1 and 2). Several priority conductive geophysical anomalies\nremain to be drilled in 2024 and continued electromagnetic geophysical\nsurveys are planned to generate additional targets within the large\nand underexplored Råna intrusion.\n \n \n \n \n \n \n \n GEMC holds a 10% ownership of Narvik Nikel, which holds an 100%\ninterest in  Råna, and a 1% NSR royalty on Råna. Kingsrose has\ncommitted and is earning up to an 80% interest by spending $15 million\nin project expenditures on the project.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Figure 1. Råna Project area and\nprospect location\n \n \n \n \n Highlights\n \n \n \n \n RÅNBOGEN PROSPECT\n \n \n \n \n \n \n Holes 23RAN004 and 23RAN005 intercepted mineralisation\n60 metres up-dip and 40 metres east of the massive sulphide zone\nintercepted in 23RAN002 (26.2 metres at 0.7% Ni, 0.2% Cu and 0.06% Co\nfrom 169.0 metres, see ASX announcement dated 23 October\n2023).\n \n \n \n \n \n \n This zone of mineralisation has been drill proven over\n200 metres of strike and remains open in all directions, within a 1.6\nkilometre trend of mineralisation and conductive an...