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Global Energy Metals Pays Bond to Commence Exploration on Nevada Battery Metals Project
(via TheNewswire) Vancouver, BC / TheNewswire / April 25, 2019 / Global Energy Metals ...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Pays Bond to Commence Exploration on Nevada Battery Metals Project(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / April 25, 2019 / Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (\"Global Energy Metals\", the \"Company\" and/or \"GEMC\") is pleased to announce that it has made payment to the Bureau of Land Management (\"BLM\") for the required reclamation bond fee to conduct exploration work including drilling on mining claims at the Lovelock Cobalt Mine located in Churchill County, Nevada. \n\n\n \nGlobal Energy has an option on two battery metal projects, the Lovelock Cobalt Mine and Treasure Box, located on the doorstep of the world's largest lithium-ion battery production plant, the Gigafactory that Tesla Motors Ltd. and partner Panasonic Corp. have built in Nevada. \n\n\n \nMitchell Smith, CEO and Director stated:\n\n\n \n\"Completing this bond payment enables the Company to move forward with a staged exploration program at Lovelock that will allow for further definition of the character, size and potential of the nickel-cobalt-copper system. \n\n\n \nWe are excited about this initial phase of exploration and are very optimistic that this strategically located asset will significantly further the growth of our company.\"\n\n\n \nThe exploration program will be based upon ground induced polarization surveys that defined areas of anomalous subsurface chargeability. Encouraging data collected from the geophysical work along with initial geological mapping, chip and channel sampling and prospecting refined these results, generating a number of drill ready targets that will be a focus for Global Energy Metals. \n\n\n \nGlobal Energy is currently reviewing work program options and anticipates announcing details of the first phase exploration program in the near future. \n\n\n \nGlobal Energy Metals Corporation\n\n\n \n(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)\n\n\n \nGlobal Energy Metals is focused on offering security of supply of cobalt, a critical material to the growing rechargeable battery market, by building a diversified global portfolio of cobalt/battery metal assets including project stakes, projects and other supply sources. GEMC anticipates growing its business by acquiring project stakes in battery metal related projects with key strategic partners. Global Energy Metals curr...