Global Energy Metals Signs Final Agreements to Acquire 100% Interest in the Growth-Stage Millennium Cobalt Project and Highly Prospectiv Mt. Isa Cobalt Projects in Queensland Australia

About this update from Global Energy Metals Corp

[{"type":"text","content":"Global Energy Metals Signs Final Agreements to Acquire 100% Interest in the Growth-Stage Millennium Cobalt Project and Highly Prospectiv Mt. Isa Cobalt Projects in Queensland Australia(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / November 29, 2018 / 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 executed final agreements with Hammer Metals (\"Hammer\") to accelerate its ownership interest in the Millennium Cobalt Project (the \"Millennium Project\") as well as the Mt. Dorothy Cobalt Project and the Cobalt Ridge Project (collectively the \"Mt. Isa Projects\"), such that it will hold 100% of both the Millennium Project and the Mt. Isa Projects. \n\n\n \nThe acquisition of the Millennium Project and the Mt. Isa Projects is subject to Exchange approval. For details of the Agreement and terms of the transaction please refer to the Company's June 26, 2018 news release. \n\n\n \nMillennium Cobalt Project\n\n\n \nMillennium is a multi-zone, near-surface cobalt-copper sulphide system with several kilometres of potential strike length as defined by drilling, prospecting and geophysics. Two zones were tested during the First Phase exploration program - Millennium North Zone and the Millennium South Zone. Results from both zones exceeded grade and thickness expectations. \n\n\n \nDrilling confirmed continuity and suggested greater mineralized thicknesses at Millennium South Zone. Infill drilling at the Millennium North Zone demonstrated greater continuity of mineralisation to surface and indicates mineralised zones are wider than previously thought. \n\n\n \nResults to date suggest the size and grade potential of Millennium as both zones remain open to depth and along strike to the north where the North Extension remains untested by drilling. \n\n\n \nQualified Person\n\n\n \nMr. Paul Sarjeant, P. Geo., the Company's VP Projects and Director, is the qualified person for this release as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and verified the technical information contained herein.\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 ...

More updates from Global Energy Metals Corp