Business
Global Energy Metals Provides Positive Update on First-Ever Drill Program at the Lovelock Cobalt-Nickel-Copper Project in Nevada
(TheNewswire) Vancouver, BC - TheNewswire - November 29, 2021 - G...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Provides Positive Update on First-Ever Drill Program at the Lovelock Cobalt-Nickel-Copper Project in Nevada\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Vancouver, BC - TheNewswire - November 29, 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 provide an update on the Phase 1 drilling at the\n \n \n \n \n \n Lovelock\nCobalt-Nickel-Copper project\n \n \n \n \n \n (“Lovelock”) located in the prolific iron oxide copper\ngold (“IOCG”) belt of the Stillwater Range in Nevada, USA.\n \n \n \n \n \n \n Highlights to\nDate\n \n \n \n \n \n \n \n Phase 1 drilling at Lovelock is well underway with over\n800 metres in seven (7) reverse circulation drill holes completed with\nmore planned.\n \n \n \n \n \n \n Drilling intersected possible mineralization,\nalteration and primary structures, targeted through the\nre-interpretation of historical geological and geophysical\ndata.\n \n \n \n \n \n \n A number of drilled sections have visual\ncharacteristics similar to rock observed on the waste dump of the\nLovelock Mine that when analyzed with a portable X-ray fluorescence\n(“XRF”) device showed elevated cobalt, nickel and copper\nvalues.\n \n \n \n \n \n \n Drill cuttings are being logged and sampling of the\nPhase 1 drilling is underway, with initial assay results expected in\nthe weeks ahead.\n \n \n \n \n \n \n The Company\n \n \n \n believes that Lovelock displays potential for near-surface\ncobalt, nickel and copper mineralisation and could become a\nsignificant discovery opportunity in the highly prospective Stillwater\nIOCG region.\n \n \n \n \n \n \n \n Timothy Strong, Project Development\nManager commented:\n \n \n \n \n \"\n \n \n \n We are very pleased with the progress made\nfrom Phase I drilling which primarily targeted the untested, near\nsurface IOCG system, as well as additional targets outside the\n...