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Global Energy Metals to Investigate Cobalt-Copper-Gold Recovery Potential for Recently Acquired Millennium Project in Queensland, Australia
(via TheNewswire) Vancouver, BC - TheNewswire - July 17, 2019 - Global En...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals to Investigate Cobalt-Copper-Gold Recovery Potential for Recently Acquired Millennium Project in Queensland, Australia(via TheNewswire)\n \n \nVancouver, BC - TheNewswire - July 17, 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 entered into a Memorandum of Understanding (\"MOU\") with Australian cobalt peer, Cobalt Blue Holdings Limited (\"Cobalt Blue\") to investigate cobalt-copper-gold recovery potential for the Millennium Project in Queensland Australia. \n\n\n \nGlobal Energy Metals recently announced the outright acquisition of the Millennium Project adding to its battery metals portfolio one of the most exciting scalable primary-cobalt projects in the industry. \n\n\n \nWith the strong understanding of the potential for the high-grade Millennium project as well as the Mt. Dorothy Project and Cobalt Ridge properties, collectively referred to as the Mt. Isa Projects, the acquistion has positioned GEMC as an exploration leader in the Mt. Isa - Cloncurry mining district for cobalt and battery mineral deposits.\n\n\n \nHistorical studies have shown that cobalt and copper concentrates can be floated from samples of drill core from the Millennium Project. It is the intent of Global Energy Metals and Cobalt Blue to prepare new cobalt-pyrite samples and test the applicability of Cobalt Blue's pyrite processing technology to the concentrates.\n\n\n \nMitchell Smith, CEO and Director commented:\n\n\n \n\"It is invaluable to conduct metallurgical testwork on this resource at this stage in its development and further de-risk the project while looking at various processing options for the company as it continues to grow the existing resource and delineate new targets at Millennium. Given the encouraging results of previous metallurgical test with high recovery rates for copper, cobalt and gold we are confident that the results from this program can demonstrate a potentially viable option for the project.\"\n\n\n \nThe Proposed Cobalt Blue - Global Energy Metals Program:\n\n\n \n\n\n(i)A review of historical testwork to produce concentrates from the Millennium Project \n\n\n\n(ii) A review of cobalt-pyrite quantity, grade, mineralogy and other physical characteristics, as available for the Mille...