Business
Global Energy Metals Provides Update On Millennium Project Graphite Discovery Including High-Grade Drilling Results
(TheNewswire) Vancouver, BC / TheNewswire / July 30, 2024 / Global Energy Metals Corporatio...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Provides Update On Millennium Project Graphite Discovery Including High-Grade Drilling Results\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 / July 30, 2024 / Global Energy Metals Corporation\nTSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy Metals”, the\n“Company” and/or “GEMC”)\n \n\n , a multi-jurisdictional, multi-commodity\ncritical mineral exploration, development and project generating\ncompany focused on growth-oriented projects supporting the global\ntransition to clean energy, is pleased to announce results from recent\ndiamond drilling that was completed and is being sole-funded by joint\nventure partner\n \n\n\n\n Metal Bank Limited\n \n\n\n\n\n (“Metal Bank” and/or “MBK”) at the Millennium Project\n(“Millennium”) in northwest Queensland, Australia. These results\ninclude significant high grade graphite intervals adjacent to the\nexisting Co-Cu-Au mineral resource of 8.4Mt @ 1.23% CuEq\n \n\n\n\n (\n \n\n\n\n\n refer to news release\ndated March 21, 2023\n \n\n\n\n\n ).\n \n\n\n\n\n Highlights\n \n\n\n\n\n\n High grade\ngraphite returned from MI24DD001 including:\n \n\n\n\n\n\n 2.6m @ 19.2% TGC\n(total graphitic carbon) from 168.4m;\n \n\n\n\n\n\n 5.8m @ 17.4% TGC\nfrom 180m; and\n \n\n\n\n\n\n 3.8m @ 17.6% TGC\nfrom 188m\n \n\n\n\n\n\n\n\n Graphite present\nin drilling over 2km of strike.\n \n\n\n\n\n\n Further graphite\nsampling and assay programs to unlock project value in\nprogress.\n \n\n\n\n\n\n\n Millennium also hosts an\n \n\n\n existing Co-Cu-Au\nmineral resource of 8.4Mt @ 1.23% CuEq (See news releases dated\n \n\n\n\n July 15, 2024\n \n\n\n\n and\n \n\n\n\n March 21, 2023\n \n\n\n\n ).\n \n\n\n\n\n\n All drill holes\ncompleted in this program intersected varying levels of sulphide\nmineralisation - including chalcopyrite (copper) and cobaltite\n(cobalt) minerals.\n \n\n\n\n\n\n Due to growing\ncorporate interest a data room for the project has been established\nand shared with third parties.\n \n\n\n\n\n\n Mitchell Smith, CEO & President\ncommented:\n \n\n\n\n\n “These initial\nresults from our partner funded drill program are encouraging and\nhighlight previous geophysical anomalies which now support large scale\ngraphite targets ad...