Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) (FRA:5GE2) has partnered with SJ Geophysics Ltd to assemble a comprehensive data compilation and interpretation program for its recently acquired and highly prospective Lovelock Mine and Treasure Box projects in Nevada.
"Our team is excited about the initial interpretations from a century's worth of historical data along with the more recent UAV airborne MAG and orthophoto digital surveys and fieldwork from our 2019 exploration program that confirmed the prospective potential for nickel, cobalt, copper amongst other minerals within the overall land package," said Global Energy Metals CEO Mitchell Smith in a statement Tuesday.
“We are delighted to be partnered with such a highly regarded and sophisticated group of geoscientists that have had tremendous success in the field over the past 50 plus years. We very much look forward to their input on what we feel to be a battery minerals project of scale and scope with the added benefit of being located in close proximity to the end-use U.S. electric vehicle battery market."
READ: Global Energy Metals forms US subsidiary to capitalize on rising interest in the electric vehicle supply chain
Vancouver-based Global Energy Metals said the compilation and interpretation work will include incorporating the first-ever, high-quality, detailed magnetic survey completed on the property, which had highlighted multiple zones of interest, along with all known lithological and mineralogical information and known structural measurements.
The work will allow for the framing of a comprehensive structural and geological map that will vector fieldwork towards those areas of highest merit for exploration and target high-priority areas for drilling, the company said.
Additionally, SJ Geophysics will reinterpret historical drilling and mining data related to Global Energy Metals’ cobalt-copper Treasure Box project and will compile, analyze, and model historical geological data collected from several previous operators spanning over a century in order to support future exploration programs at the Lovelock Mine.
The analysis will allow for the future modeling of key historically mined zones as well as unrelated areas that were highlighted by recent MAG and IP surveys conducted at the past-producing Lovelock mine.
Contact the author: patrick@proactiveinvestors.com
Follow him on Twitter @PatrickMGraham