Global Energy Metals is pleased to announce the appointment of Mr. Bassam Moubarak as a Strategic Advisor to the Company. This appointment comes at a pivotal time as Global Energy Metals recently announced very positive results from five holes at the Millennium Cobalt Project in Mt. Isa. All holes intersected wide and high grade co-product cobalt and further assays are expected shortly on additional holes. The results so [...]
Global Energy Metals is pleased to announce the release of Part 3 - The Future Vision in the "Rise of Tesla" series. GEMC has teamed up with Visual Capitalist to present an uniquely informative three-part series detailing the rise of Tesla Motors and the new energy space. The first auto revolution occurred in 1913 when Henry Ford rolled out the assembly line for the Model T. It sped up the speed of production of [...]
Global Energy Metals is pleased to announce that it has received assays for three of the five holes drilled in a highly successful phase 1 drill program at the Millennium Cobalt Project located in Mt. Isa, Queensland Australia. The Company's current campaign of drilling comprises a total of 10 diamond holes, of which the first three are reported in this release. Drilling is ongoing, and the next assay results are expected [...]
Global Energy Metals is pleased to announce that further to its news release dated February 20, 2018, that it has secured DTC eligibility by The Depository Trust Company for its shares traded on the OTCQB "GBLEF" effective end of day April 24, 2018. The DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies. Securities that are [...]
Global Energy Metals is pleased to announce that Mink Creek Drilling Ltd. has been appointed a contract for the planned Spring Exploration Program at the Werner Lake Cobalt project in Ontario. Partner Marquee Resources Limited has announced the agreement with Mink Creek Drilling as part of its $2,500,000 obligation to earn a 70% interest in the primary cobalt project. The appointment of Mink Creek Drilling is of great [...]
Global Energy Metals is pleased to announce the completion of the first five of the planned ten diamond drill holes at the Millennium Cobalt Project . Assay results from the first three holes of the program are anticipated to be received from the lab shortly. Mitchell Smith, President & CEO commented, "This program represents a game changing opportunity for the expansion of the Millennium project as GEMC positions itself [...]
Global Energy Metals is pleased to announce that partner Marquee Resources Limited has appointed the highly experienced Mr. Toby Hughes to its Canadian geological team. Mr Hughes will lead the exploration program at the Werner Lake Cobalt project located in Ontario, in which Marquee has an option to acquire an interest from GEMC to earn up to 70% through project level work expenditures totalling $2.5 million. Mitchell [...]
Global Energy Metals is pleased to announce that the Company, along with its partner Hammer Metals will be providing attendees of the Mines and Money Asia Conference being held April 3-6, 2018 in Hong Kong, an overview of the battery revolution and how global battery consumption is driving demand for cobalt. GEMC provides investors with pure-play cobalt investment exposure through its portfolio of cobalt project located [...]
Global Energy Metals is pleased to announce that it has complied with its obligations under its agreement with Hammer Metals Limited in order to earn a 25% interest in the Millennium Cobalt Project. Having now incurred exploration expenditures of at least $500,000 the Company has now given notice that it intends to move forward with the next phase of its earn-in for a 65% interest in the project. "This is yet another [...]
Global Energy Metals is pleased to announce that its partner, Marquee Resources, has appointed Mr. Paul Sarjeant as General Manager of North American operations. Mr. Sarjeant will be responsible for the implementation of the upcoming exploration program at the Werner Lake Cobalt project located in Ontario, Canada. Commenting on the appointment, Mr. Charles Thomas, Marquee Managing Director said, "We are pleased to welcome [...]
Global Energy Metals is pleased to announce that it has entered into a letter of intent with Hammer Metals setting the terms for the strategic acquisition of the Mount Dorothy Cobalt Project and the Cobalt Ridge Project, collectively the "Mt. Isa Projects", a district-scale exploration opportunity located in Queensland Australia's Mt. Isa mining jurisdiction. Highlights: -Positions Global Energy Metals as a leading cobalt [...]
Global Energy Metals is pleased to announce that all conditions precedent have been met in the previously announced Werner Lake transaction with Marquee Resources Ltd. As consideration for Marquee's option to earn either a 30% or a 70% interest in the Werner Lake Cobalt Project located in Kenora Mining District, Ontario , Global Energy Metals has received a cash payment totalling A$200,000 and has been granted publicly [...]