Proactiveinvestors USA & Canada Global Energy Metals Corp https://ca.proactiveinvestors.com Proactiveinvestors USA & Canada Global Energy Metals Corp RSS feed en Fri, 19 Jul 2019 19:02:23 -0400 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Global Energy Metals teams up with Australian junior to study metal recovery potential at Millennium project ]]> https://ca.proactiveinvestors.com/companies/news/224084/global-energy-metals-teams-up-with-australian-junior-to-study-metal-recovery-potential-at-millennium-project-224084.html Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) is teaming up with an Australian cobalt junior to study the potential for metal recovery on its recently acquired Millennium project, the company announced Wednesday.

Vancouver-based GEMC said in a release that it signed a memorandum of understanding with Cobalt Blue Holdings Limited (ASX:COB) to investigate cobalt-copper-gold recovery potential at the Queensland project.

GEMC recently acquired full ownership of the exploration-stage project, a promising cobalt-dominant asset with high scalable potential.

READ: Global Energy Metals could increase inferred resource at Millennium project with more drilling, says report

Cobalt Blue is an exploration and project development company advancing the Thackaringa cobalt project in New South Wales, Australia.

As part of the agreement, GEMC and Cobalt Blue will combine efforts to review historical testwork to produce concentrates from the project and conduct analysis on its cobalt-pyrite quantity, grade and mineralogy.

The two juniors will also collaborate to produce concentrate samples and complete laboratory-scale testwork with Cobalt Blue’s own processing technology that extracts and recovers cobalt and elemental sulpher from cobalt-pyrite feedstock.

The processing technology was previously used at Cobalt Blue’s Thackaringa, proving technically and economically viable for the project. The results were then included in the release of the project’s initial ore reserve statement that accompanied a prefeasibility study.

It was also used at Havilah’s Mutooroo deposit and Cudeco’s Rocklands project. 

Viable options

GEMC CEO Mitchell Smith said it was “invaluable” to conduct metallurgical testwork at Millennium during its early stage development and further de-risk the project.

“Given the encouraging results of previous metallurgicals 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,” Smith said in a statement.

GEMC also said it was looking at various processing options for the company as it continues to grow the existing resource and delineate new targets at Millennium. 

Shares of GEMC were trading at C$0.05 in Toronto at Wednesday’s midday point and at US$0.04 on OTC markets.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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Wed, 17 Jul 2019 12:41:00 -0400 https://ca.proactiveinvestors.com/companies/news/224084/global-energy-metals-teams-up-with-australian-junior-to-study-metal-recovery-potential-at-millennium-project-224084.html
<![CDATA[Media files - Global Energy Metals sees a bight future for Cobalt as demand for EV's rises ]]> https://ca.proactiveinvestors.com/companies/stocktube/14094/global-energy-metals-sees-a-bight-future-for-cobalt-as-demand-for-ev-s-rises-14094.html Mon, 15 Jul 2019 11:13:00 -0400 https://ca.proactiveinvestors.com/companies/stocktube/14094/global-energy-metals-sees-a-bight-future-for-cobalt-as-demand-for-ev-s-rises-14094.html <![CDATA[News - Global Energy Metals could increase inferred resource at Millennium project with more drilling, says report ]]> https://ca.proactiveinvestors.com/companies/news/223070/global-energy-metals-could-increase-inferred-resource-at-millennium-project-with-more-drilling-says-report-223070.html Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) told investors it has filed the NI 43-101 technical report on its Millennium project in Australia -- a study that repeated the potential of the property.

The document restates the inferred JORC resource for Millennium, which was originally published by Haren Consulting for Hammer Metals in 2016, which  estimated an inferred resource estimate of 3.1 Mt (million tonnes) at 0.14%  cobalt, 0.34% copper and 0.12 g/t (grams per ton) gold (using CuEq (copper equivalent) cut off of 1.0%.

READ: Global Energy Metals closes transformational deal to acquire Millennium project in Australia

It does not include data from the 2018 drill program that confirmed continuity between previous zones zones indicating wide zones of cobalt mineralization near surface and at depth.

The author Kangari Consulting has repeated the potential of the project stating that there is "potential to increase the current inferred mineral resource at the Millennium project by further resource definition drilling," noted GEMC.

"The excellent work by Kangari Consulting in updating the resource estimate has succeeded in not only summarizing the historical work programs but more importantly highlighting the enormous exploration potential and scale that the Millennium Cobalt project hosts," said CEO Mitchell Smith.

"There is a shortage of high-quality, scaleable cobalt projects in top-tier, pro-mining jurisdictions and this confirms the attractive investment opportunity Millennium presents as we continue to advance this growth-stage cobalt project, especially in light of the positive longterm fundamentals for battery minerals driven by global adoption of electric vehicles."

The technical report says there is potential to increase resources within the current inferred zone by closer spaced infill drill holes identifying high grade shoots.

There is also potential at depth below the current defined mineral resource to 280 metres depth. Further diamond drilling is required for resources to be classified as indicated or measured categories under 43-101 reporting standards, said GEMC.

Met tests encouraging

Meanwhile, the results of preliminary metallurgical test work are encouraging for the Millennium project with high recovery rates for copper, cobalt and gold in two composite samples from the recent 2018 diamond drilling program.

Earlier this month, GEMC revealed it had closed its acquisition of the remaining interest in the Millennium project from Hammer Metals.

Complete ownership of Millennium, a 3.1-million-ton cobalt-copper project in the Mount Isa region of Queensland, Australia, gives GEMC full control of future development at the site.

Cobalt is the dominant economic metal within the deposit and, with the strengthening price of the energy metal, GEMC will remodel the deposit on a cobalt-equivalent basis.

The outright acquisition of Millennium adds an exciting scalable cobalt-dominant project to the group's portfolio of assets.

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter@Gile74

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Fri, 28 Jun 2019 09:50:00 -0400 https://ca.proactiveinvestors.com/companies/news/223070/global-energy-metals-could-increase-inferred-resource-at-millennium-project-with-more-drilling-says-report-223070.html
<![CDATA[News - Global Energy Metals closes transformational deal to acquire Millennium project in Australia ]]> https://ca.proactiveinvestors.com/companies/news/222990/global-energy-metals-closes-transformational-deal-to-acquire-millennium-project-in-australia-222990.html Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) has closed its acquisition of the remaining interest in the Millennium project from Hammer Metals Ltd, the company announced Thursday.

Complete ownership of Millennium, a 3.1-million-ton cobalt-copper project in the Mount Isa region of Queensland, Australia, gives GEMC full control of future development at the site.

Cobalt is the dominant economic metal within the deposit and, with the strengthening price of the energy metal, GEMC will remodel the deposit on a cobalt-equivalent basis.

READ: The stakes for critical minerals just got critically higher as Trump and Trudeau agree to develop a collaborative plan

The outright acquisition of Millennium adds an exciting scalable cobalt-dominant project to GEMC’s portfolio of assets, according to CEO Mitchell Smith.

“(Our) strong understanding of the potential for the high-grade Millennium project and surrounding land package, together with Hammer's extensive jurisdictional experience in Mount Isa, positions GEMC well to bring the project closer to development and deliver significant value to our shareholders,” Smith said in a statement.

Under the terms of the deal, GEMC issued Hammer nearly 19.3 million shares, giving Hammer 19.9% ownership of the junior company. Hammer will also have the right to nominate a person to GEMC’s board of directors so long as it maintains a 10% interest in the company.

All shares issued as part of the transaction are subject to a hold period of four months plus one day from the date of issuance. In addition, Hammer’s shares are also subject to a voluntary pooling agreement that sees 20% of the shares released in concurrence with the transaction, an additional 40% on December 27, 2019 and the remaining 40% released in a year’s time on June 27.

The release of Hammer’s shares will be accelerated if the trading price of GEMC’s shares cross certain thresholds over a consecutive ten-day period, the company said.

Shares of GEMC slipped 7.6% on Thursday afternoon to trade at C$0.06.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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Thu, 27 Jun 2019 15:40:00 -0400 https://ca.proactiveinvestors.com/companies/news/222990/global-energy-metals-closes-transformational-deal-to-acquire-millennium-project-in-australia-222990.html
<![CDATA[Media files - Global Energy Metals takes full control over Millennium and Mount ISA cobalt projects ]]> https://ca.proactiveinvestors.com/companies/stocktube/13909/global-energy-metals-takes-full-control-over-millennium-and-mount-isa-cobalt-projects-13909.html Thu, 27 Jun 2019 13:12:00 -0400 https://ca.proactiveinvestors.com/companies/stocktube/13909/global-energy-metals-takes-full-control-over-millennium-and-mount-isa-cobalt-projects-13909.html <![CDATA[News - The stakes for critical minerals just got critically higher as Trump and Trudeau agree to develop a collaborative plan ]]> https://ca.proactiveinvestors.com/companies/news/222811/the-stakes-for-critical-minerals-just-got-critically-higher-as-trump-and-trudeau-agree-to-develop-a-collaborative-plan-222811.html The stakes for critical minerals just got a whole lot higher.

Late last week, US President Donald Trump and Canadian Prime Minister Justin Trudeau announced a plan to develop a plan for US-Canada collaboration on critical minerals. According to a White House statement, Trump and Trudeau "instructed officials to develop a joint action plan on critical minerals collaboration."

The move got limited media attention, but it underscores the underlying issue: the 35 mineral commodities that are deemed critical.

The US has unveiled its strategy in an effort to rebuild struggling domestic supply chains for metals and minerals it says are "critical” to the country's manufacturing and defense sectors.

So, what exactly is a critical mineral?

Critical minerals are metals that are deemed essential to the economy, whose supply may be disrupted. 

The list is long, so we've highlighted a few key ones: cobalt, graphite, lithium, manganese, rare earths, scandium, tellurium, uranium and vanadium. 

It was in 2018 that the US decided on what exactly constitutes a critical mineral. The US Department of the Interior has identified 35 minerals as critical. The designation is given using a range of criteria, which includes physical scarcity, production concentration, supply chain challenges and import dependency. 

A strategy released by the Department of Commerce earlier this month, titled "A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals" includes 61 recommendations, ranging from changing up mine permitting rules to bolster recycling to inking deals with friendly nations, such as Austalia and Canada.

READ: Global Energy Metals kicks off fieldwork at Lovelock cobalt mine, Nevada; further expands claim footprint

For a company like Global Energy Metals Corp (CVE:GEMC) (OTCMKTS:GBLEF) the joint action plan on critical minerals collaboration is welcome, as the company expands its footprint in Nevada where it has optioned the Lovelock cobalt mine and nearby Treasure Box project.

"Collaboration between the US and Canada will help move projects forward and we’ve seen a lot of interest in our Nevada based assets because of the awareness brought on by the United States’ reliance on foreign supply of critical minerals including cobalt," says CEO Mitchell Smith in an interview. "The bigger problem that hasn’t received as much attention is how to get mineral projects properly funded, and how do you get the capital markets invested?"

Fast-tracking critical metals projects key

In short: fast-tracking critical metals projects is essential.

"There need to be more incentives by the government for project development for those minerals deemed critical and strategic to the economy. I’d like to see regulations put in place to fast-track some of these critical metals projects to secure and advance domestic sources of cobalt and other battery metals that have a key role in the electrification thesis -- that would help," he says.

The firm is focused on battery metals, notably cobalt, as it builds out its promising portfolio of projects in key jurisdictions: the Lovelock cobalt mine and Treasure Box projects are located around 150 km east of the Tesla Gigafactory in Sparks, Nevada. The explorer has now staked 18 claims, which adjoin the 70 pre-existing ones in Churchill County. It also has notable projects in Queensland Australia and Ontario, Canada.

WATCH: Global Energy Metals sign deal to use Canada Cobalt Works technology in Nevada

The news in regards to critical minerals collaboration is welcomed by many: Smith is not alone in his thinking. And the desire for urgency has been boosted in recent months/years.

Those in the industry point to a variety of factors: China has nimbly gained control of the metals at the heart of the electric vehicle transportation industry. The country's surging control of metals at the heart of the electric transport revolution, such as lithium and cobalt, are a strong reminder.

Simply put: in the mind of most, the US has fallen behind, as it looks to pivot its global supply chain away from China and Russia.

READ: Energy Fuels welcomes US Department of Commerce report on uranium imports and awaits President Trump's response

Other players in the space that are focused on the US include Energy Fuels Inc (TSE:EFR) (NYSEMKT:UUUU), which has said it is pleased the US Department of Commerce is looking into the effects of uranium imports on US national security.

Headquartered in Colorado, Energy Fuels is a fully-integrated producer of both uranium and vanadium, and owner of the only operational conventional uranium mining in the US.

In April, the firm submitted the section 232 report to the White House into the effects of uranium imports on US national security. The White House has 90 days to respond. According to the firm, Russia and its allies are flooding the global market with artificially cheap uranium.

"Uranium imports, increasingly from state-owned enterprises in adversarial countries like Russia and its allies, created a stark national security crisis. More than 60 percent of newly mined uranium around the world now comes from state-owned enterprises that unfriendly nations control," noted the firm. "The once robust American uranium mining industry is disappearing because a flood of state-subsidized imports has made fair competition impossible."

WATCH: Energy Fuels excited to see uranium imports report is now on the President's desk

Above all else, many companies seem to echo the same thought: to find a better-diversified supply of critical metals.

When it comes to Global Energy Metals, the firm continues to tap into something others are striving for: a secure source of cobalt in a safe-mining jurisdiction.

The facts are tough: around 70% of cobalt is sourced from the politically unstable Democratic Republic of Congo.

"We are securing a supply of cobalt and battery mineral assets in safe-mining jurisdictions," says Smith. "We need to recognize that 70% of cobalt is from the DRC and we want to look at that regional supply, break out of it and offer projects in other locations. We're building projects in top-tier mining districts in Australia and Nevada -- that's our core focus," he adds. "Our projects are at different stages and that's purposeful."

Smith adds the demand for electric vehicles appears to continue to grow.

"The electrification of vehicles is growing, and at a higher rate than most have expected," he says. "Because of that, there are longer-term demands of supply to meet that accelerated growth. Cobalt is one, but there are others, and there are increasing pressures for supply constraint on it."

Critical minerals list

Contact Katie Lewis at katie@proactiveinvestors.com

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Tue, 25 Jun 2019 19:13:00 -0400 https://ca.proactiveinvestors.com/companies/news/222811/the-stakes-for-critical-minerals-just-got-critically-higher-as-trump-and-trudeau-agree-to-develop-a-collaborative-plan-222811.html
<![CDATA[News - Global Energy Metals kicks off fieldwork at Lovelock cobalt mine, Nevada; further expands claim footprint ]]> https://ca.proactiveinvestors.com/companies/news/222777/global-energy-metals-kicks-off-fieldwork-at-lovelock-cobalt-mine-nevada-further-expands-claim-footprint-222777.html Global Energy Metals Corp (CVE:GEMC) (OTCMKTS:GBLEF) revealed that fieldwork has started at its Lovelock cobalt mine project in Nevada and said it had further increased its footprint in the area.

The past producing Lovelock mine consists of 70 unpatented lode claims in the Cottonwood Canyon area and totals around 1,400 acres (567 hectares).

READ: Global Energy Metals expands claim footprint in Nevada as it's poised to advance battery metals project

The mine operated from 1883 to 1890 to the 100-foot level, reporting 500 tons of cobalt and nickel mineralized material shipped to England for processing.

GEMC's latest work is focused on identifying high-grade mineralized zones of cobalt, nickel and copper in the historical underground workings.

The initial work, via sampling and mapping,  will bid to define structural controls in the known battery metal-rich areas and connect mineralized zones into broader targets in preparation for an inaugural drilling program.

Producing a property-wide geological model is an immediate priority as  it is a very large exploration area, the firm said.

New claims staked

Also in today's statement, the company said it had staked a further seven claims to add to the 11 it had staked earlier this month.

The new claims to the east of the historic mine shaft cover around 36 hectares, increasing the Lovelock cobalt mine property to a total of 678 hectares, within 88 mineral claims.

Some of these new claims are contiguous to both the Lovelock cobalt mine project and the historic Nickel mine in Cottonwood Canyon.

In January this year, the energy metals group inked a definitive agreement to acquire an 85% interest in the two 'highly prospective' cobalt projects in Nevada.

The Lovelock cobalt mine and the Treasure Box project are around 150 km east of the giant Tesla (NASDAQ:TSLA) Gigafactory in Sparks, Nevada, which churns out electric batteries to make cars.

The Lovelock and Treasure Box projects represent a "unique opportunity to make a new battery metals discovery in Nevada, a proven mining district ranked as the most attractive mining jurisdiction by the Fraser Institute's Annual Survey of Mining Companies, 2018," GEMC has said.

GEMC shares surged over 8% in Toronto to $0.065.

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter@Gile74

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Tue, 25 Jun 2019 09:01:00 -0400 https://ca.proactiveinvestors.com/companies/news/222777/global-energy-metals-kicks-off-fieldwork-at-lovelock-cobalt-mine-nevada-further-expands-claim-footprint-222777.html
<![CDATA[News - Global Energy Metals expands claim footprint in Nevada as it's poised to advance battery metals project ]]> https://ca.proactiveinvestors.com/companies/news/222069/global-energy-metals-expands-claim-footprint-in-nevada-as-it-s-poised-to-advance-battery-metals-project-222069.html Global Energy Metals Corp (CVE:GEMC) (OTCMKTS:GBLEF) has expanded its claim footprint in Nevada, where it has optioned the Lovelock cobalt mine and nearby Treasure Box project.

The explorer has now staked 11 new claims, which adjoin the 70 pre-existing ones in Churchill County, GEMC told investors in a statement.

The new claims lie north of the historic mine shaft and cover around 75 hectares increasing the Lovelock property to a total of 642 hectares, within 81 claims.

READ THE DEEP DIVE: Global Energy Metals has a promising portfolio of projects in key jurisdictions

"As Global Energy Metals commences its exploration program on our newly optioned ground at the Lovelock Cobalt Mine in Nevada, we wanted to ensure our land position covered additional prospective areas contiguous to current holdings," said Mitchell Smith, chief executive and director at GEMC.

Smith added the group was particularly excited to have strengthened its land position after recent sampling from the newly staked area extended the potential for further cobalt, nickel and copper mineralization around the historically producing mine.

In January this year, the energy metals group inked the definitive agreement to acquire an 85% interest in the two 'highly prospective' cobalt projects in Nevada.

The Lovelock cobalt mine and the Treasure Box project are around 150 km east of the giant Tesla (NASDAQ:TSLA) Gigafactory in Sparks, Nevada, which churns out electric batteries to make cars.

The past producing Lovelock mine consists of 70 unpatented lode claims in the Cottonwood Canyon area and totals around 1,400 acres (567 hectares). The mine operated from 1883 to 1890 to the 100-foot level, reporting 500 tons of cobalt and nickel mineralized material shipped to England for processing.

No further production from the Lovelock Mine is known for well over a century.

A 'unique opportunity'

The Lovelock and Treasure Box projects represent a "unique opportunity to make a new battery metals discovery in Nevada, a proven mining district ranked as the most attractive mining jurisdiction by the Fraser Institute's Annual Survey of Mining Companies, 2018," GEMC has said.

The firm is currently compiling historical data and formulating plans for exploration advance the project.

Excitingly, earlier this month, GEMC said it received regulatory approval for a deal that will see it use Canada Cobalt Works' Re-2OX technology for one year, with an aim to rapidly advance the Nevada assets.

Canada Cobalt Works has a proprietary process known as Re-2OX that extracts cobalt, precious metals and base metals without using a traditional smelter

The Re-2OX technology is compelling -- it skips the normal smelting process to achieve high recovery rates for cobalt, nickel and copper, while also removing 99% of arsenic. The move expands the potential of the Lovelock mine and could potentially create battery-grade cobalt sulphate.

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter@Gile74

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Thu, 13 Jun 2019 09:09:00 -0400 https://ca.proactiveinvestors.com/companies/news/222069/global-energy-metals-expands-claim-footprint-in-nevada-as-it-s-poised-to-advance-battery-metals-project-222069.html
<![CDATA[Media files - Global Energy Metals sign deal to use Canada Cobalt Works technology in Nevada ]]> https://ca.proactiveinvestors.com/companies/stocktube/13687/global-energy-metals-sign-deal-to-use-canada-cobalt-works-technology-in-nevada-13687.html Mon, 10 Jun 2019 15:58:00 -0400 https://ca.proactiveinvestors.com/companies/stocktube/13687/global-energy-metals-sign-deal-to-use-canada-cobalt-works-technology-in-nevada-13687.html <![CDATA[News - Global Energy Metals has a promising portfolio of projects in key jurisdictions ]]> https://ca.proactiveinvestors.com/companies/news/221683/global-energy-metals-has-a-promising-portfolio-of-projects-in-key-jurisdictions-221683.html Global Energy Metals Corp (CVE:GEMC) (OTCMKTS:GBLEF) is building a diverse portfolio of exploration and growth-stage cobalt assets. The firm has a focus on acquiring metals and mining companies with a focus on metals in the rechargeable battery market and energy storage sector. It aims to acquire cobalt, lithium, graphite, and other battery metals projects.

The company has an option on two battery metal projects, the Lovelock cobalt mine and Treasure Box projects, which are located in Churchill County, around 150 km east of the Tesla Gigafactory in Sparks, Nevada.

In addition to the two Nevada projects, in which the firm has an option to acquire an 85% interest in, Global Energy Metals also owns 70% of the Werner Lake Cobalt Mine in Ontario, and has entered into an agreement to acquire 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mt. Isa, Australia.

Right place, right time

The firm has its footprint in multiple countries, providing a diverse portfolio of assets. 

In Australia, the firm is positioning itself as an explorer and developer in the well-known Mt. Isa mining district in Queensland, Australia, as it advances its flagship Millennium Cobalt project and Mt. Dorothy and Cobalt Ridge projects aimed at creating a district-scale cobalt exploration and development opportunity. ​​​

Millennium is a jurisdictionally safe, growth-stage exploration project with a large defined zone of cobalt-copper mineralization which remains open at depth and along strike. Millennium is located close to well-established mining, transport and processing infrastructure, along with a skilled workforce in the regional centres of Mount Isa and Cloncurry. It's a deal that is pivotal, and would bolster GEMC's footprint by 20X for the firm's Australian land position. 

The firm is also promisingly-positioned in Nevada, where the company holds an option on two battery metal projects, the Lovelock cobalt mine and Treasure Box projects. Nevada is a noted mining-friendly state, and the projects have several copper-gold projects nearby, benefiting from strong infrastructure. Not to mention its location, 150 kilometres east of Sparks Nevada, home to Tesla’s Gigafactory 1.

The Nevada project is a historic producer, which had a limited but high-grade production of cobalt, nickel and copper in the 1880s, but hasn't been explored in modern times. The firm is drill ready there, with eight diamond drill targets identified in addition to geological mapping, chip and channel sampling and geophysics.

In Canada, the firm owns 70% of the Werner Lake Cobalt Mine in Ontario, located in northwestern Ontario, near the Ontario-Manitoba border in the Kenora mining district. The two largest cobalt deposits defined to date are the Werner Lake and West Cobalt deposit, of which both are controlled by GEMC. These are also historical producing mines, with opportunities to define addition high-grade cobalt zones at these deposits, as well as more broadly thoughrough the area. 

Cobalt production constrained

Cobalt, a silverish-gray metal, is an essential ingredient in lithium-ion batteries that power smartphones as well as plug-in electric vehicles.

But its production is constrained, with 99% of cobalt being produced as a co-product, and two-thirds coming from the politically turbulent Democratic Republic Congo (DRC). Many high-grade cobalt properties around the world can’t be developed because they have toxic materials associated with them. It's estimated that 84% of cobalt is processed in China.

Eyes are turning elsewhere, in places like Australia and Canada, and for GEMC, that’s welcome news.

How it is doing

It's been a busy 2019 for Global Energy Metals, which continues to actively push forward all of its projects. 

In April, the firm closed a C$800,000 oversubscribed financing round, issuing 16.27 million shares priced at $0.05 apiece for gross proceeds of $813,500, which will be used for exploration and development at the Lovelock mine and Treasure Box projects in Nevada.

The firm also recently revealed news that it has received regulatory approval for a deal that will see it use Canada Cobalt Works' Re-2OX technology for one year, with an aim to rapidly advance its Nevada projects. The proprietary process, known as Re-2OX, extracts cobalt, precious metals and base metals without using a traditional smelter.

Earlier in 2019, the firm reported encouraging drill assays from the Werner Lake Cobalt project in Ontario, where it appears that the current mineral resource can be expanded. The high-grade assays come from joint-venture partner Marquee Resources Ltd. 

Its objective in the 2018 drill campain was to confirm the "extent and continuity of high-grade cobalt mineralization at Werner but has also extended the limits of mineralization defined by the current mineral resource model," said Paul Sarjeant, the company's vice president of projects in a release.

Werner Lake is one of the most advanced, near-term production primary cobalt mine project in Canada and has a higher confidence indicated resource of 57,900 tonnes at 0.51% cobalt for 653,000 pounds of cobalt.

Inflection points

On a broad level, one important factor to note is the electric vehicle revolution, and what role cobalt will play in that. The energy storage revolution is propelling high demand for the key battery minerals. The prospect of a booming electric vehicle market is expected to boost demand, with some estimates indicating that demand for cobalt could grow at an average rate of approximately 5% to 8% per year for the next several years.

On a project specific level, the Lovelock and Treasure Box projects represent a "unique opportunity to make a new battery metals discovery in Nevada, a proven mining district ranked as the most attractive mining jurisdiction by the Fraser Institute's Annual Survey of Mining Companies, 2018," noted the company in a recent release.

GEMC's recent deal, giving it the ability to use Re-2OX technology is compelling -- it skips the normal smelting process to achieve high recovery rates for cobalt, nickel and copper, while also removing 99% of arsenic. The move expands the potential of the Lovelock mine and could potentially create battery-grade cobalt sulphate.

This is just one part of a wider exploration and drill program, which will help give better understanding of the potential of GEMC's Nevada-based projects. Global Energy Metals is currently pulling together plans for its exploration and drilling campaigns to advance the battery metals project, which has a promising future. The region is compelling and shows strong enrichment in cobalt, nickel and copper, making it attractive for further exploration and expansion through other opportunities. 

2019 will be a busy season for the company with multiple programs ongoing. The race to deliver cobalt is far from over, in fact, it's not expected to peak for an estimated five to 10 years.

CEO says strategy is "one of exploration, move it to a development stage and bring in partners"

Mitchell Smith, CEO of GEMC, says the company's strategy is "one of exploration, move it to a development stage and bring in partners that we have currently," noting the group has a strategic partnership with a Chinese group, Beijing Easpring Material Technology Co. 

Contact Katie Lewis at katie@proactiveinvestors.com

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Thu, 06 Jun 2019 14:24:00 -0400 https://ca.proactiveinvestors.com/companies/news/221683/global-energy-metals-has-a-promising-portfolio-of-projects-in-key-jurisdictions-221683.html
<![CDATA[News - Global Energy Metals gets final approval to use Canada Cobalt Works' Re-2OX technology to extract battery-grade product ]]> https://ca.proactiveinvestors.com/companies/news/221665/global-energy-metals-gets-final-approval-to-use-canada-cobalt-works--re-2ox-technology-to-extract-battery-grade-product-221665.html Global Energy Metals Corp (CVE:GEMC) (OTCMKTS:GBLEF) released news Thursday, that the firm has received regulatory approval for a deal that will see it use Canada Cobalt Works' Re-2OX technology for one year, with an aim to rapidly advance its Lovelock cobalt mine and Treasure Box projects in Nevada.

Canada Cobalt Works has a proprietary process known as Re-2OX that extracts cobalt, precious metals and base metals without using a traditional smelter.

The Re-2OX technology is compelling -- it skips the normal smelting process to achieve high recovery rates for cobalt, nickel and copper, while also removing 99% of arsenic. The move expands the potential of the Lovelock mine and could potentially create battery-grade cobalt sulphate.

READ: Global Energy Metals signs agreement with Canada Cobalt Works to use Re-2OX to extract battery grade product

The Lovelock cobalt mine and Treasure Box projects are located in Churchill County, around 150 km east of the Tesla Gigafactory in Sparks, Nevada.

The Re-2OX technology is part of a wider exploration and drill program, which will help give better understanding of the potential of GEMC's Nevada-based projects. 

The Lovelock and Treasure Box projecs represent a "unique opportunity to make a new battery metals discovery in Nevada, a proven mining district ranked as the most attractive mining jurisdiction by the Fraser Institute's Annual Survey of Mining Companies, 2018," noted the company in a release.

Global Energy Metals is currently pulling together plans for its exploration and drilling campaigns to advance the battery metals project. 

As part of the agreement, GEMC will pay Canada Cobalt Works a cash payment of C$50,000 and issue 2 million units of GEMC at $0.075 per unit for a total of $150,000.

GEMC holds a number of projects

In addition to the two Nevada projects, in which the firm has an option to acquire an 85% interest in, Global Energy Metals also owns 70% of the Werner Lake Cobalt Mine in Ontario, and has entered into an agreement to acquire 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mt. Isa, Australia.

Shares of GEMC were trading at C$0.08 in Canadian trading on Thursday. 

Contact Katie Lewis at katie@proactiveinvestors.com

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Thu, 06 Jun 2019 10:50:00 -0400 https://ca.proactiveinvestors.com/companies/news/221665/global-energy-metals-gets-final-approval-to-use-canada-cobalt-works--re-2ox-technology-to-extract-battery-grade-product-221665.html
<![CDATA[News - Global Energy Metals signs agreement with Canada Cobalt Works to use Re-2OX to extract battery grade product ]]> https://ca.proactiveinvestors.com/companies/news/221242/global-energy-metals-signs-agreement-with-canada-cobalt-works-to-use-re-2ox-to-extract-battery-grade-product-221242.html Global Energy Metals Corp (CVE:GEMC) (OTCMKTS:GBLEF) unveiled news Thursday, that the firm has inked a binding agreement with Canada Cobalt Works Inc (CVE:CCW), which will allow it to use Canada Cobalt Works' Re-2OX technology for one year, with an aim to rapidly advance its Lovelock cobalt mine and Treasure Box projects in Nevada. 

The firm noted it had amended the terms of the previous non-binding memorandum of understanding. Canada Cobalt Works has a proprietary process known as Re-2OX that extracts cobalt, precious metals and base metals without using a traditional smelter.

"The Lovelock property has delivered historical cobalt, nickel and copper production and, more recently, encouraging assay numbers from samples taken during our site visit earlier this month," said CEO Mitchell Smith. "We are keen to get to work and explore the property-wide potential of this asset and work alongside Canada Cobalt Works in unlocking value through the Re-2OX process. "

READ: Global Energy Metals closes oversubscribed financing; raises $800,000 for exploration and development at Nevada projects

The deal allows for cobalt-, nickel- and copper-bearing material from Global Energy Metals’ Lovelock and Treasure Box projects to go through the Re-2OX process to confirm efficient battery metal extraction with the aim of creating a battery-grade test product.

GEMC's Lovelock cobalt mine and Treasure Box projects are located in Churchill County, around 150 km east of the Tesla Gigafactory in Sparks, Nevada.

The company recently conducted a site visit of the property and took a number of selective samples that were sent to ALS, a geochemistry analytical lab, in Sparks, Nevada.

The company said in a release results from the samples "compare well and reinforce confidence in the historical numbers for battery metals including cobalt, copper and nickel."

In addition to the samples, GEMC said about 100 kg of material was taken during the site visit and sent to a lab in Lakefield, Ontario to be analyzed, in conjuntion with Canada Cobalt Works.

"Lab findings, combined with the exploration potential and targets identified by the technical team, supports the development of an initial work program including additional surveying and sampling and an integrated model of the historical workings and geological data to extrapolate high priority target areas for future drilling," noted the company in a release, adding that planning for this is well underway. 

As part of the agreement, GEMC will pay Canada Cobalt Works a cash payment of C$50,000 and issue 2 million units of GEMC at $0.075 per unit for a total of $150,000.

The agreement is subject to TSX Venture Exchange approval. 

Shares of GEMC were trading at C$0.07 in Canadian trading. 

Contact Katie Lewis at katie@proactiveinvestors.com

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Thu, 30 May 2019 10:57:00 -0400 https://ca.proactiveinvestors.com/companies/news/221242/global-energy-metals-signs-agreement-with-canada-cobalt-works-to-use-re-2ox-to-extract-battery-grade-product-221242.html
<![CDATA[News - Global Energy Metals updates on Re-2OX deal with Canada Cobalt Works ]]> https://ca.proactiveinvestors.com/companies/news/220456/global-energy-metals-updates-on-re-2ox-deal-with-canada-cobalt-works-220456.html Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) updated shareholders on Thursday, saying it had launched a processing program in Nevada and cancelled a previously announced private placement.

The junior company announced earlier this month that it had signed a memorandum of understanding with Canada Cobalt Works (CVE:CCW), a junior company with a proprietary process known as Re-2OX that extracts cobalt, precious metals and base metals without using a traditional smelter.

The deal allows for cobalt-, nickel- and copper-bearing material from Global Energy Metals’ Lovelock and Treasure Box projects to go through the Re-2OX process to confirm efficient battery metal extraction with the aim of creating a battery-grade test product.

READ: Global Energy Metals inks deal with Canada Cobalt Works to use Re-2OX to extract battery grade product

GEMC said that, in conjunction with Canada Cobalt Works, work has commenced in Nevada related to the Re-2OX process through a reconnaissance program at Lovelock and Treasure Box.

As part of the agreement, Canada Cobalt Works was to take an immediate equity position in GEMC of 2 million units at $0.075 per unit for a total of $150,000. The company announced that the placement will not go through at this time due to a TSX Venture Exchange policy that outlines Tier 2 issuers are not permitted to purchase securities of other reporting issuers for cash, either in the secondary market or as a private placement from treasury.

Meanwhile, initial fieldwork is demonstrating the potential to identify high-grade cobalt, nickel and copper mineralization over broader areas than originally believed at Lovelock and Treasure Box.

Shares of GEMC were trading at C$0.09 in Canada and US$0.06 on OTC markets.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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Thu, 16 May 2019 15:09:00 -0400 https://ca.proactiveinvestors.com/companies/news/220456/global-energy-metals-updates-on-re-2ox-deal-with-canada-cobalt-works-220456.html
<![CDATA[News - Global Energy Metals inks deal with Canada Cobalt Works to use Re-2OX to extract battery grade product ]]> https://ca.proactiveinvestors.com/companies/news/219810/global-energy-metals-inks-deal-with-canada-cobalt-works-to-use-re-2ox-to-extract-battery-grade-product-219810.html Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) is advancing its properties in Nevada with a new strategic initiative designed to create a potential battery-grade test product.

The company announced Tuesday that it had signed a memorandum of understanding with Canada Cobalt Works (CVE:CCW), a junior company with a proprietary process known as Re-2OX that extracts cobalt, precious metals and base metals without using a traditional smelter.

The deal allows for cobalt-, nickel- and copper-bearing material from Global Energy Metals’ Lovelock and Treasure Box projects to go through the Re-2OX process to confirm efficient battery metal extraction with the aim of creating a battery-grade test product.

READ: Global Energy Metals closes oversubscribed financing; raises $800,000 for exploration and development at Nevada projects

Lovelock and Treasure Box are located in Churchill County, a 90-minute drive from the Tesla-Panasonic Gigafactory 1 in Nevada.

Under the terms of the strategic investment, CCW will take an immediate equity position in GEMC of 2 million units at $0.075 per unit for a total of $150,000. Each unit consists of one share and one warrant exercisable at $0.10 for 36 months from the closing date.

Canada Cobalt will oversee the testing process in order to protect its intellectual property and results will be delivered to Global Energy Metals, which will also pay a C$200,000 up front fee.

Re-2OX process

"Partnering with Canada Cobalt Works and utilizing their Re-2OX Process is a crucial step in unlocking the potential Lovelock and Treasure Box provide for shareholder exposure to strategically important US-based battery mineral assets,” said GEMC’s CEO Mitchell Smith. “Significantly, Re-2OX has allowed Canada Cobalt to become the first company in Canada's cobalt heartland to produce a battery-grade cobalt sulphate test product with nickel-manganese-cobalt formulations in their pipeline."

Canada Cobalt president and CEO Frank Basa said that the two companies have a “shared objective” of advancing the metallurgical understanding of GEMC's battery metal assets using Re-2OX.

“The very adaptable Re-2OX process has shown very high recovery rates for multiple metals and the ability to create a compound suitable for end-use in battery production,” he said in a statement.

Re-2OX testing of material from Lovelock and Treasure Box will be part of a broader exploration work program that will allow for reinterpretation of historic data and a better understanding of the ability to unlock the cobalt, nickel and copper potential from these Nevada projects, according to Global Energy Metals.

Shares of Vancouver-based Global Energy Metals were trading at C$0.07 in Toronto and at US$0.05 on OTC markets on Tuesday morning.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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Tue, 07 May 2019 09:16:00 -0400 https://ca.proactiveinvestors.com/companies/news/219810/global-energy-metals-inks-deal-with-canada-cobalt-works-to-use-re-2ox-to-extract-battery-grade-product-219810.html
<![CDATA[News - Global Energy Metals set to begin exploration at Nevada battery metals project after it pays bond ]]> https://ca.proactiveinvestors.com/companies/news/219121/global-energy-metals-set-to-begin-exploration-at-nevada-battery-metals-project-after-it-pays-bond-219121.html Global Energy Metals Inc (CVE:GEMC) has paid a bond to allow it to start exploration at a Nevada battery metals site.

The company said it had made payment to the Bureau of Land Management (BLM) for the reclamation bond fee to carry out the work, which includes drilling on mining claims at the Lovelock cobalt mine in Churchill County.

READ: Global Energy Metals closes oversubscribed financing; raises $800,000 for exploration and development at Nevada projects

The firm already has a number of drill-ready targets following the receipt of encouraging data from geophysical work along with initial geological mapping, chip and channel sampling.

GEMC has an option on two battery metal projects, the Lovelock Cobalt Mine and Treasure Box, which are close to the planet's largest lithium-ion battery production plant, namely the Gigafactory that Tesla Motors Ltd. and partner Panasonic Corp. have built in Nevada.

"Completing this bond payment enables the company to move forward with a staged exploration program at Lovelock that will allow for further definition of the character, size and potential of the nickel-cobalt-copper system," said Mitchell Smith, CEO and director.

"We are excited about this initial phase of exploration and are very optimistic that this strategically located asset will significantly further the growth of our company."

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter@Gile74

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Thu, 25 Apr 2019 09:29:00 -0400 https://ca.proactiveinvestors.com/companies/news/219121/global-energy-metals-set-to-begin-exploration-at-nevada-battery-metals-project-after-it-pays-bond-219121.html
<![CDATA[News - Global Energy Metals closes oversubscribed financing; raises $800,000 for exploration and development at Nevada projects ]]> https://ca.proactiveinvestors.com/companies/news/218522/global-energy-metals-closes-oversubscribed-financing-raises-800000-for-exploration-and-development-at-nevada-projects-218522.html Global Energy Metals Inc (CVE:GEMC) announced encouraging news Friday that it has closed its oversubscribed private placement, raising more than $813,000 for exploration and development at the Lovelock mine and Treasure Box projects in Nevada. 

Thanks to investor interest, the junior miner issued 16.27 million shares priced at $0.05 apiece for gross proceeds of $813,500. 

READ: Global Energy Metals ups private placement by 50% thanks to interest in its cobalt assets

Each unit will include one share and one warrant which will be exercisable to purchase an additional company share for a period of 36 months from the closing date at a price of $0.10, subject to acceleration.

The Vancouver-based company plans to use the proceeds of the offering to fund exploration work at its Lovelock mine and Treasure Box projects in Nevada, as well as general working capital.

Global Energy Metals focuses on acquiring metals and mining companies with an emphasis on those metals associated with the rechargeable battery market and energy storage sector. It aims to acquire cobalt, lithium, graphite, and other battery metals projects.

Closing of the placement is subject to regulatory approval. All securities issued in connection with the private placement will be subject to a hold of four months and a day from the closing date per securities laws.

Shares of Global Energy Metals were trading at $0.08 in Toronto on Friday. 

Contact Katie Lewis at katie@proactiveinvestors.com

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Fri, 12 Apr 2019 17:40:00 -0400 https://ca.proactiveinvestors.com/companies/news/218522/global-energy-metals-closes-oversubscribed-financing-raises-800000-for-exploration-and-development-at-nevada-projects-218522.html
<![CDATA[News - Global Energy Metals ups private placement by 50% thanks to interest in its cobalt assets ]]> https://ca.proactiveinvestors.com/companies/news/218347/global-energy-metals-ups-private-placement-by-50-thanks-to-interest-in-its-cobalt-assets-218347.html Global Energy Metals Inc (CVE:GEMC) announced Wednesday that it had increased its previously declared public placement amount to $750,000 due to increased investor interest in the company’s cobalt assets.

The junior miner raised its offering to 15 million shares priced at $0.05 apiece for gross proceeds of $750,000. It had previously offered 10 million shares at the same price for $500,000. 

READ: Global Energy Metals to raise C$500,000 to advance Nevada properties

Each unit will include one share and one warrant which will be exercisable to purchase an additional company share for a period of 36 months from the closing date at a price of $0.10, subject to acceleration.

The Vancouver-based company plans to use the proceeds of the offering to fund exploration work at its Lovelock mine and Treasure Box projects in Nevada, as well as general working capital.

Global Energy Metals focuses on acquiring metals and mining companies with an emphasis on those metals associated with the rechargeable battery market and energy storage sector. It aims to acquire cobalt, lithium, graphite, and other battery metals projects.

Closing of the placement is pending regulatory approval, which is expected shortly, the company said. All securities issued in connection with the private placement will be subject to a hold of four months and a day from the closing date per securities laws.

Shares of Global Energy Metals were trading at $0.07 in Toronto on Wednesday.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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Wed, 10 Apr 2019 11:41:00 -0400 https://ca.proactiveinvestors.com/companies/news/218347/global-energy-metals-ups-private-placement-by-50-thanks-to-interest-in-its-cobalt-assets-218347.html
<![CDATA[News - Global Energy Metals to raise C$500,000 to advance Nevada properties ]]> https://ca.proactiveinvestors.com/companies/news/218004/global-energy-metals-to-raise-c500000-to-advance-nevada-properties-218004.html Global Energy Metals Corp (CSE:GEMC) announced Thursday it has arranged a non-brokered private placement with strategic investors for gross proceeds of up to C$500,000 to immediately advance its Lovelock and Treasure Box properties in Nevada. 

The company said the first closing is expected within the next few days. 

READ: Global Energy Metals makes first option payment under deal to buy interest in two Nevada cobalt projects

A maximum of 10 million units will be offered at C$0.05 per unit. Each unit will include one share and one warrant which will be exercisable to purchase an additional company share for a period of 36 months from the closing date at a price of $0.10, subject to acceleration. 

All securities issued in connection with the private placement will be subject to a statutory hold period of four months plus a day from the closing date in accordance with applicable securities legislation.

Global Energy Metals focuses on acquiring metals and mining companies with an emphasis on those metals associated with the rechargeable battery market and energy storage sector. It aims to acquire cobalt, lithium, graphite, and other battery metals projects.

Both the Lovelock and Treasure Box properties are in Churchill County, around 150 kilometers east of the Tesla Gigafactory in Sparks, Nevada.

The company also announced its board of directors has approved the settlement of up to C$181,500 of debt through the issuance of 3.63 million common shares of the company at a deemed price of $0.05 per share to certain creditors of the company. 

Shares of Global Energy Metals were up 10% at C$0.055 on Thursday. 

Contact Katie Lewis at katie@proactiveinvestors.com

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Thu, 04 Apr 2019 16:24:00 -0400 https://ca.proactiveinvestors.com/companies/news/218004/global-energy-metals-to-raise-c500000-to-advance-nevada-properties-218004.html
<![CDATA[News - Global Energy Metals makes first option payment under deal to buy interest in two Nevada cobalt projects ]]> https://ca.proactiveinvestors.com/companies/news/217266/global-energy-metals-makes-first-option-payment-under-deal-to-buy-interest-in-two-nevada-cobalt-projects-217266.html Global Energy Metals Corp (CSE:GEMC) has made the first option payment under a deal to gain an interest in two prospective cobalt projects in Nevada.

The Vancouver-based company has issued 384,627 of its shares to Nevada Sunrise and paid US$20,000 to the underlying vendor as part of the agreement to acquire an 85% interest in the Lovelock cobalt mine, which is noted for its high-grade cobalt-nickel-copper potential, and the adjacent Treasure Box project

In a brief statement Tuesday, GEMC also added it is reviewing exploration plans for both properties, which are in Churchill County, around 150 kilometers east of the Tesla Gigafactory in Sparks, Nevada.

READ: Global Energy Metals updates on Nevada cobalt project option

The program will assist with an ongoing extensive review and reinterpretation of historical data.

"There has been a tremendous amount of attention placed on the US for it to stop being merely a bystander in the global battery arms race and start developing more domestic supplies of battery metals such as cobalt, nickel and copper to supply its homegrown battery factories, including Nevada-based Gigafactory 1," said Mitchell Smith, director and CEO at GEMC.

'Prime examples'

"The Lovelock and Treasure Box projects are prime examples of US-based battery metal projects that are very prospective and strategically located in close proximity to a domestic end-user with a large appetite for the critical materials used in EV and energy storage technology."

The consideration, over two years, is US$75,000 in cash, as well as more than 1.72 million shares at a deemed price of $0.15 each and more than 1.6 million reimbursement shares.

These are to reimburse share payments made according to the underlying option held by Primus Resources. Reimbursement shares are subject to a floor price of $0.05

Primus will retain a 2% net smelter return (NSR) royalty, with the company and Nevada, as joint-venture partners, having the right to purchase one-half (1%) for 10 years from the effective date of the Primus underlying option for US$1.5 million, said Global Energy Metals.

Significantly, the Nevada assets are drill-ready, and eight diamond drill targets have been identified.

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter @Gile74

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Tue, 26 Mar 2019 12:34:00 -0400 https://ca.proactiveinvestors.com/companies/news/217266/global-energy-metals-makes-first-option-payment-under-deal-to-buy-interest-in-two-nevada-cobalt-projects-217266.html
<![CDATA[Media files - Global Energy Metals sees need for cobalt rising with electric vehicle demand increasing ]]> https://ca.proactiveinvestors.com/companies/stocktube/12477/global-energy-metals-sees-need-for-cobalt-rising-with-electric-vehicle-demand-increasing-12477.html Tue, 05 Mar 2019 22:27:00 -0500 https://ca.proactiveinvestors.com/companies/stocktube/12477/global-energy-metals-sees-need-for-cobalt-rising-with-electric-vehicle-demand-increasing-12477.html <![CDATA[News - Global Energy Metals seeks London listing to enhance exposure ]]> https://ca.proactiveinvestors.com/companies/news/215059/global-energy-metals-seeks-london-listing-to-enhance-exposure-215059.html Global Energy Metals Corp (CSE:GEMC) is seeking to list its shares in London, UK, it said Thursday.

"The timing is ideal to further enhance the profile of Global Energy Metals as it complements our recent acquisitions and project growth initiatives in Australia and North America at a time when exposure to energy metals has never been more attractive," said Mitchell Smith, CEO in a statement.

READ: Global Energy Metals updates on Nevada cobalt project option

"A UK co-listing will allow European investors to participate in the increased demand for battery minerals brought on by the aggressive growth and continued global adoption of electric vehicles that our cobalt projects in safe, stable, top-tier mining jurisdictions offer."

The Vancouver-based company's shares will continue to trade on the venture exchange under the "GEMC" symbol.

Also in today's statement, GEMC said that Paul Sarjeant will resign as VP projects to pursue a leadership position within the resource sector.

Over the next few months, the firm will be conducting a search to find a replacement and secure the lead geologist role.

Peterhouse Capital Ltd (Peterhouse) has been hired to act as lead advisor and manager of the proposed listing process.

Contact Giles at giles@proactiveinvestors.com

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Thu, 21 Feb 2019 09:02:00 -0500 https://ca.proactiveinvestors.com/companies/news/215059/global-energy-metals-seeks-london-listing-to-enhance-exposure-215059.html
<![CDATA[Media files - Global Energy Metals CEO and Strategic advisor share thoughts on Cobalt market ]]> https://ca.proactiveinvestors.com/companies/stocktube/12222/global-energy-metals-ceo-and-strategic-advisor-share-thoughts-on-cobalt-market-12222.html Thu, 14 Feb 2019 06:49:00 -0500 https://ca.proactiveinvestors.com/companies/stocktube/12222/global-energy-metals-ceo-and-strategic-advisor-share-thoughts-on-cobalt-market-12222.html <![CDATA[News - Global Energy Metals updates on Nevada cobalt project option ]]> https://ca.proactiveinvestors.com/companies/news/213819/global-energy-metals-updates-on-nevada-cobalt-project-option-213819.html Global Energy Metals Corp (CSE:GEMC) said the TSX venture has accepted for filing the option agreement regarding two prospective cobalt projects in Nevada.

Nevada Sunrise Gold Corp has granted the company the option to acquire an 85% undivided interest in the Lovelock cobalt mine and the Treasure Box project in Churchill county in Nevada.

The consideration, over two years, is US$75,000 in cash, as well as over 1.72 million shares at a deemed price of 15 cents each and over 1.6 million reimbursement shares to Nevada. These are to reimburse share payments made according to the underlying option held by Primus Resources. Reimbursement shares are subject to a floor price of five cents.

Primus will retain a 2% net smelter return (NSR) royalty, with the company and Nevada, as joint venture partners, having the right to purchase one-half (1%) for 10 years from the effective date of the Primus underlying option for US$1.5 million, said Global Energy Metals.

Significantly, the Nevada assets are drill ready and eight diamond drill targets have been identified, in addition to geological mapping, chip and channel sampling and geophysics, GEMC has said previously.

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter @Gile74

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Fri, 01 Feb 2019 08:50:00 -0500 https://ca.proactiveinvestors.com/companies/news/213819/global-energy-metals-updates-on-nevada-cobalt-project-option-213819.html
<![CDATA[News - Global Energy Metals finalizes deal to buy prospective cobalt projects in Nevada ]]> https://ca.proactiveinvestors.com/companies/news/212981/global-energy-metals-finalizes-deal-to-buy-prospective-cobalt-projects-in-nevada-212981.html Global Energy Metals Corp (CSE:GEMC) said it had now signed the definitive agreement to acquire an 85% interest in two 'highly prospective' cobalt projects in Nevada.

The Lovelock cobalt mine and the Treasure Box project lie in Churchill County, around 150 kilometres east of the giant Tesla (NASDAQ:TSLA) Gigafactory in Sparks, Nevada, which churns out electric batteries to make cars.

READ: Global Energy Metals gives further detail on exciting Nevada cobalt acquisition

"This transaction exposes the company and its shareholders to a wealth of exploration opportunities in another top-tier mining district with proven mineral endowment," said Mitchell Smith, Global Energy Metals President & CEO.

"GEMC believes that the sizeable property package it has locked up in the heart of a very prolific and proven district, hosts the potential for significant cobalt exploration upside."

The past producing Lovelock mine consists of 70 unpatented lode claims in the Cottonwood Canyon area and totals around 1,400 acres (567 hectares).

The mine operated from 1883 to 1890 to the 100-foot level, reporting 500 tons of cobalt and nickel mineralized material shipped to England for processing.

The average of the 200 tons shipped in 1886 averaged 14% cobalt and 12% nickel.

No further production from the Lovelock Mine is known for well over a century.

Limited copper production

Meanwhile, GEMC noted that Treasure Box hosted mine workings from limited copper production, which went in the early 20th century.

The core Treasure Box claims were held continuously for over 20 years by a private company but were relinquished in September last year, leading to their acquisition by Nevada Sunrise, with whom GEMC struck the deal announced yesterday.

Significantly, the Nevada assets are drill ready and eight diamond drill targets have been identified in addition to geological mapping, chip and channel sampling and geophysics.

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter @Gile74

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Mon, 21 Jan 2019 09:01:00 -0500 https://ca.proactiveinvestors.com/companies/news/212981/global-energy-metals-finalizes-deal-to-buy-prospective-cobalt-projects-in-nevada-212981.html
<![CDATA[Media files - Global Energy Metals closes purchase of Nevada project, negotiates better terms ]]> https://ca.proactiveinvestors.com/companies/stocktube/11915/global-energy-metals-closes-purchase-of-nevada-project-negotiates-better-terms-11915.html Mon, 21 Jan 2019 06:25:00 -0500 https://ca.proactiveinvestors.com/companies/stocktube/11915/global-energy-metals-closes-purchase-of-nevada-project-negotiates-better-terms-11915.html <![CDATA[News - Global Energy Metals eyeing mineral resource expansion at Werner Lake after latest drill assays ]]> https://ca.proactiveinvestors.com/companies/news/212081/global-energy-metals-eyeing-mineral-resource-expansion-at-werner-lake-after-latest-drill-assays-212081.html Global Energy Metals Corp (CSE:GEMC) (OTCMKTS:GBLEF) continues to report encouraging drill assays from the Werner Lake Cobalt project in Ontario, where it appears that the current mineral resource can be expanded.

The high-grade assays come from joint-venture partner Marquee Resources Ltd, which has posted the assays from the final four holes.

"The 2018 drill campaign has not only been successful in achieving the company's main objective of confirming the extent and continuity of high-grade cobalt mineralization at Werner but has also extended the limits of mineralization defined by the current mineral resource model," said Paul Sarjeant,  the company's vice president of projects.

Werner Lake is one of the most advanced, near-term production primary cobalt mine project in Canada and has a higher confidence indicated resource of 57,900 tonnes at 0.51% cobalt for 653,000 pounds of cobalt, according to Global Energy Metals.

The next mineral resource update is due for completion in the early part of the first half of 2019.

The results issued Monday are significant because they have hit high-grade mineralisation within and beyond the constraints of the current resource model.

They include an intercept of 2.60 meters at 0.313% cobalt. Another hole showed one meter at 0.220% cobalt.

The main aims of the 2018 drill program, said GEMC, were to:

Confirm high grade cobalt mineralisation intersected in numerous drill holes during previous diamond drilling programs Provide additional structural and geotechnical data for ongoing project development studies Increase pierce points within the current block model to enhance the current mineral resource Regain an understanding of the geological controls on mineralisation and advance interpretive theories from the detailed work in the mid 1990s

Sarjeant added: "We are confident that these objectives have been achieved, and in addition we have been able to identify new areas of mineralisation that open the deposit along strike and at depth.

"We look forward to additional drilling on the property continuing to grow the Werner Lake resource," he said.

Global Energy Metals shares were unchanged in Toronto at $0.05.

Contact Giles Gwinnett at giles@proactiveinvestors.com

Follow him on twitter @Gile74

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Mon, 07 Jan 2019 10:56:00 -0500 https://ca.proactiveinvestors.com/companies/news/212081/global-energy-metals-eyeing-mineral-resource-expansion-at-werner-lake-after-latest-drill-assays-212081.html
<![CDATA[Media files - Global Energy Metals to buy all of Hammer Metals' cobalt project in Australia ]]> https://ca.proactiveinvestors.com/companies/stocktube/11412/global-energy-metals-to-buy-all-of-hammer-metals-cobalt-project-in-australia-11412.html Mon, 03 Dec 2018 14:54:00 -0500 https://ca.proactiveinvestors.com/companies/stocktube/11412/global-energy-metals-to-buy-all-of-hammer-metals-cobalt-project-in-australia-11412.html <![CDATA[News - Global Energy Metals finalizes deal to buy 100% of cobalt projects in Australia ]]> https://ca.proactiveinvestors.com/companies/news/210250/global-energy-metals-finalizes-deal-to-buy-100-of-cobalt-projects-in-australia-210250.html Global Energy Metals Corp (CSE:GEMC) (OTCMKTS:GBLEF) said Thursday that it has signed final agreements with Hammer Metals Ltd (OTCMKTS:HMRRF) to acquire 100% of the Millennium cobalt project and the Mount Isa cobalt projects in Australia.

In 2017, GEMC inked a deal with Hammer that allowed it to acquire a 75% stake by spending C$2.5 million within three years. As of March of this year, it had paid at least C$500,000 and owned a 25% interest.

READ: Global Energy Metals positions itself as leading cobalt explorer in Mount Isa region with acquisition

The Vancouver-based buyer said in a press release Thursday that it identifies Millennium as growth-stage while Mount Ida is highly prospective. Global Energy added that the deal with Mount Lawley, Australia-based Hammer is subject to exchange approval.

According to GEMC, the Millennium project is a multi-zone, near-surface cobalt-copper sulphide system with several kilometers of potential strike length as defined by drilling, prospecting and geophysics. Two zones were tested during the first phase of exploration, and results from both exceeded grade and thickness expectations, according to GEMC.

Shares of GEMC traded at C$0.06 in Wednesday’s Canadian trading. They slipped US$0.01 to US$0.04 on the OTC market.

Earlier in November, Global Energy Metals said its partner Marquee Resources Ltd had entered into a non-binding supply agreement with a Chinese manufacturer of battery cathode materials.


Contact Dennis Fitzgerald at dennis@proactiveinvestors.com

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Thu, 29 Nov 2018 12:22:00 -0500 https://ca.proactiveinvestors.com/companies/news/210250/global-energy-metals-finalizes-deal-to-buy-100-of-cobalt-projects-in-australia-210250.html
<![CDATA[News - Global Energy Metals says metallurgical drilling thickens cobalt-copper sulphide zone at Werner Lake ]]> https://ca.proactiveinvestors.com/companies/news/210056/global-energy-metals-says-metallurgical-drilling-thickens-cobalt-copper-sulphide-zone-at-werner-lake-210056.html Global Energy Metals Corp (CSE:GEMC) has released recent metallurgical drill results from its Werner Lake Cobalt project in Ontario, Canada.

The firm said 18 holes for 4,800 m have now been completed at the project - as part of the phase one and two drilling campaigns.

Assays for four holes are pending and will be reported when available, the group said.

READ: Global Energy Metals closes first tranche of $500,000 private placement

The Werner Lake exploration program is part of a $2.5 million commitment which is being solely funded by partner Marquee for their earn-in of up to a 70% interest in the project.

Global Energy Metals currently owns 70%.

Highlights of recent results revealed that one hole sunk in the West Mine Zone showed a thickening of the sulphide zone in this area which will be explored further in the next phase of drilling.

A highlight interval from that hole was 7.33m (meters) at 0.827% cobalt, from 75.28m downhole.

Another hole was drilled to fill a gap in the resource estimate between historic drill holes, and the best interval was 1.35 m (meters) at 0.418% Co (cobalt).

A second high-grade interval was 1.14 m (meters) at 0.293% Co from 40.07 m downhole).

The Phase 1 exploration campaign at Werner Lake was mainly focused on narrow-spaced drilling, designed to increase the existing resource, which, significantly, remains open in all directions.

Meanwhile, phase 2 drilling was aimed at extending mineralisation beneath the current resource area and test potential down dip and down plunge extensions to the mineralisation at Werner Lake.

In addition to this exploration drilling, five holes for metallurgical purposes (452 m) were completed to create a composite bulk sample of around 150 kilograms (kg) being sent for metallurgical work to SGS Laboratories Canada.

Contact Giles Gwinnett at giles@proactiveinvestors.com

Follow Giles on Twitter @Gile74

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Tue, 27 Nov 2018 10:57:00 -0500 https://ca.proactiveinvestors.com/companies/news/210056/global-energy-metals-says-metallurgical-drilling-thickens-cobalt-copper-sulphide-zone-at-werner-lake-210056.html
<![CDATA[News - Global Energy Metals closes first tranche of $500,000 private placement ]]> https://ca.proactiveinvestors.com/companies/news/209505/global-energy-metals-closes-first-tranche-of-500000-private-placement-209505.html Vancouver-based Global Energy Metals Corp (CSE:GEMC), which invests in metals and mining projects, announced Monday that it has closed the first tranche of a $500,000 non-brokered private placement.

The company made the placement to strategic investors at $0.075 cents per unit for gross proceeds of $276,389. A total of 3.68 million units will be issued to complete the first tranche, disclosed a company statement.  

Each unit will include one share and one warrant which will be exercisable to purchase an additional company share for a period of 12 months from the closing date at a price of $0.15.

All securities issued in connection with the private placement will be subject to a statutory hold period of four months plus a day from the closing date in accordance with applicable securities legislation.

READ: Global Energy Metals bolsters board with new appointees

The company said proceeds of the financing will be used as general working capital and for marketing purposes. A finder's fee is payable to qualified recipients as permitted by the TSX Venture Exchange.

Global Energy Metals focuses on acquiring metals and mining companies with an emphasis on those metals associated with the rechargeable battery market and energy storage sector. It aims to acquire cobalt, lithium, graphite, and other battery metals projects.

Shares of Global Energy Metals were down 3.2% to US$0.058 in the OTC Markets and at C$0.09 in Canada Monday.

 

Contact Uttara Choudhury at uttara@proactiveinvestors.com

Follow her on Twitter: @UttaraProactive 

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Mon, 19 Nov 2018 15:34:00 -0500 https://ca.proactiveinvestors.com/companies/news/209505/global-energy-metals-closes-first-tranche-of-500000-private-placement-209505.html
<![CDATA[News - Global Energy Metals partner Marquee close to China deal on Werner Lake cobalt output ]]> https://ca.proactiveinvestors.com/companies/news/209203/global-energy-metals-partner-marquee-close-to-china-deal-on-werner-lake-cobalt-output-209203.html Global Energy Metals Corp (CSE:GEMC) said Wednesday that its partner Marquee Resources Ltd has entered into a non-binding supply agreement with a Chinese manufacturer of battery cathode materials.

The agreement in principle with Zhejiang Meidu Haichuang Lithium Battery Technology Co, also known as China Hitrans, covers future production at the Werner Lake cobalt project in Ontario.

READ: Global Energy Metals forays into the US; set to buy two cobalt projects 150km from Tesla's Gigafactory

Under the non-binding agreement, Marquee will provide China Hitrans with a metallurgical sample for independent testing within three months.

The agreement only applies to the 30% stake Marquee holds in the Werner Lake deposit. The remaining 70% interest is held by Global Energy.

China Hitrans develops, produces and sells ternary cathode materials and ternary precursors for lithium batteries.

In September, Global Energy announced a C$500,000 private placement with net proceeds used for cobalt project acquisitions.


Contact Dennis Fitzgerald at dennis@proactiveinvestors.com 

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Wed, 14 Nov 2018 09:29:00 -0500 https://ca.proactiveinvestors.com/companies/news/209203/global-energy-metals-partner-marquee-close-to-china-deal-on-werner-lake-cobalt-output-209203.html
<![CDATA[News - Global Energy Metals boosted on back of 'exceptional' Millennium metallurgical test results ]]> https://ca.proactiveinvestors.com/companies/news/208668/global-energy-metals-boosted-on-back-of-exceptional-millennium-metallurgical-test-results-208668.html Global Energy Metals Corp (CSE:GEMC) shares advanced Tuesday as it released what it called 'exceptional' cobalt and copper recoveries from an initial metallurgical program at the Millennium cobalt project in Queensland, Australia.

Two composite samples were sourced from diamond drill core from work at Millennium during the first-phase exploration program.

Highlights of the metallurgical work included findings that production of separate cobalt and copper rougher concentrate streams was possible.

Under a high-grade composite peak rougher flotation test, the combined copper recovery was 95.1%; combined cobalt recovery was 95.4% and gold total recovery was 81.4%, reporting dominantly to the copper concentrate.

READ: Global Energy Metals says cobalt mineralisation confirmed at depth at Werner Lake

It is expected that the concentrate grades may increase on regrinding and final cleaner flotation; this test work will be conducted in 2019.

"Having achieved these excellent metallurgical results is remarkable at this growth stage of project development," said Mitchell Smith, president and CEO.

"The 2018 drilling program at Millennium confirmed previous exploration work, further demonstrating that this deposit has exceptional cobalt mineralization continuity over a significant area and is open along strike and at depth, increasing the potential for resource expansion.

"Following our highly anticipated outright acquisition of the project, we look forward to rapidly advancing the Millennium cobalt project on all fronts, including further drilling and additional metallurgical studies planned for 2019."

GEMC said further drilling was now planned on both the northern and southern portions of the Millennium deposit to expand and upgrade the current resource.

The company has entered into a binding agreement with joint venture partner Hammer Metals to acquire the balance of the interest in the Millennium cobalt project as well as the Mount

Dorothy cobalt project and the Cobalt Ridge project, collectively known as the Mount Isa projects.

GEMC will then hold 100% of both Millennium and the Mount Isa projects.

Shares in Toronto added 7.14% to $0.075.

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Tue, 06 Nov 2018 20:02:00 -0500 https://ca.proactiveinvestors.com/companies/news/208668/global-energy-metals-boosted-on-back-of-exceptional-millennium-metallurgical-test-results-208668.html
<![CDATA[Media files - Global Energy Metals sees positive results from tests at Cobalt Project in Australia ]]> https://ca.proactiveinvestors.com/companies/stocktube/11124/global-energy-metals-sees-positive-results-from-tests-at-cobalt-project-in-australia-11124.html Tue, 06 Nov 2018 15:25:00 -0500 https://ca.proactiveinvestors.com/companies/stocktube/11124/global-energy-metals-sees-positive-results-from-tests-at-cobalt-project-in-australia-11124.html <![CDATA[News - Global Energy Metals' partner Marquee earns into initial 30% of Werner Lake project ]]> https://ca.proactiveinvestors.com/companies/news/208563/global-energy-metals-partner-marquee-earns-into-initial-30-of-werner-lake-project-208563.html Global Energy Metals Corp (CSE:GEMC)  says its partner Marquee Resources Ltd has now earned its  initial 30% vinterest in the Werner Lake cobalt project in Ontario, Canada.

It comes after Marquee has reached the stage 1 expenditure commitment of $1 million on the site.

And Marquee has given notice to GEMC of its plan to earn the 70% interest in the project by incurring the next stage of $1.5million expended on the project.

Phase one and phase two drill programs have now been completed with a total of 18 exploration holes (4800 metres) and 5 HQ metallurgical holes (452 metres) completed.

GEMC expects to report the remaining results of the assays from the rest of this phase 2 drilling campaign shortly.

The camp is currently being "winterised" with a view to returning to the Project in early 2019 to recommence phase 3 of the exploration program.

The firm expects to announce the assay results from the 452m  diamond drill hole program shortly, before the final flotation and hydrological test work results are released early next year.

"Once all assays have been received from the phase 2 exploration campaign, it is expected that an update to the current resource model will be updated with a view to be released in late 2018 or early 2019," it added.

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Mon, 05 Nov 2018 14:57:00 -0500 https://ca.proactiveinvestors.com/companies/news/208563/global-energy-metals-partner-marquee-earns-into-initial-30-of-werner-lake-project-208563.html
<![CDATA[News - Global Energy Metals says cobalt mineralisation confirmed at depth at Werner Lake ]]> https://ca.proactiveinvestors.com/companies/news/208055/global-energy-metals-says-cobalt-mineralisation-confirmed-at-depth-at-werner-lake-208055.html Global Energy Metals Corp (CSE:GEMC) has posted further encouraging drill results from the Werner Lake cobalt project in Ontario, Canada, which confirmed mineralization at depth.

The multi-phase exploration is being carried out and funded by partner Marquee Resources Ltd - as part of a $2.5 million commitment. Marquee can earn-in up to 70% interest in the site. The second phase drill campaign has hit further cobalt extensions.

READ: Global Energy Metals shares advance as it updates on Werner Lake cobalt drilling

Highlights include 0.55 m (meters) at 0.534% cobalt from 202.75 m and 0.73 m at 0.159% Co from 210.20 m (meters) in one hole.

Another showed 0.89 m at 0.365% Co from 253.86 m from 253.86m.

Marquee has now completed 18 holes for 4,800 meters at the property with further assays expected shortly.

Five metallurgical drill holes for 452m have also been completed with metallurgical test work underway.

"These latest results further confirm the presence of extensive cobalt sulphide mineralisation at the Werner Lake deposit," said Paul Sarjeant, vice-president of projects.

"We are particularly encouraged by the results of holes WL 18-12 and WL 18-13 which were some of the deepest holes drilled at the project and indicate that the mineralisation does in fact, extend to depth and down plunge as suggested by previous work campaigns at the project.

"We look forward to reporting the next holes of the phase 2 drill program shortly as our partner move towards updating the cobalt resource at Werner Lake."

Drill data has been consistent over the programs, the firm noted.

The first phase campaign at Werner Lake was mainly focused on narrow-spaced drilling, which has been designed to increase the existing indicated mineral resource of 79,400 tonnes at 0.43% cobalt that remains open in all directions.

Phase 2 drilling was intended to extend mineralisation beneath the current resource area and test potential down dip and down plunge extensions to the mineralisation at Werner Lake.

GEMC shares were unchanged at $0.07.

Reporting by Giles Gwinnett

giles@proactiveinvestors.com

 

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Mon, 29 Oct 2018 13:50:00 -0400 https://ca.proactiveinvestors.com/companies/news/208055/global-energy-metals-says-cobalt-mineralisation-confirmed-at-depth-at-werner-lake-208055.html
<![CDATA[News - Global Energy Metals' CEO speaking at Ferroalloys conference in Florida ]]> https://ca.proactiveinvestors.com/companies/news/207224/global-energy-metals-ceo-speaking-at-ferroalloys-conference-in-florida-207224.html Global Energy Metals Corp (CSE:GEMC) is featuring at the 24th CRU Ryan's Notes Ferroalloys conference in Florida.

Mitchell Smith, GEMC's president and CEO, will join fellow battery metal thought leaders Trent Mell, CEO of First Cobalt and Michel Insulan, Senior Market Analyst at Eurasian Resources Group on the panel discussion " Cobalt and Battery Metals " taking place on Tuesday October, 23. 

The event regularly attracts over 600 producers, traders and consumers from more than 400 companies, from 37 countries, operating across a wide range of bulk ferroalloys, minor metals and powder product markets.

The conference will be taking place at The Hyatt Regency Grand Cypress in Orlando, Florida from 21-23 October this year.

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Tue, 16 Oct 2018 14:52:00 -0400 https://ca.proactiveinvestors.com/companies/news/207224/global-energy-metals-ceo-speaking-at-ferroalloys-conference-in-florida-207224.html
<![CDATA[News - Global Energy Metals shares advance as it updates on Werner Lake cobalt drilling ]]> https://ca.proactiveinvestors.com/companies/news/205898/global-energy-metals-shares-advance-as-it-updates-on-werner-lake-cobalt-drilling-205898.html Global Energy Metals Corp (CSE:GEMC) shares advanced as it updated on its Werner Lake Cobalt project in Ontario, Canada.

A phase 2 drilling campaign has now started with four holes having been completed, the company said.

That came on the back of successful phase 1 drilling, which extended high-grade cobalt sulphide mineralisation and showed the potential for further extensions.

One hole hit strong cobalt mineralisation of 0.660% cobalt over 5.5 metres (from 198.5 metres).

That included a significant 0.7 m (metres), which assayed 3.150% cobalt, though two significant intervals below this interval assayed over 0.3% cobalt, representing a strong zone of mineralisation.

Assays pending

Phase 1 drilling saw 2,122 meters sunk. Assays are pending and are expected to be received and released shortly.

Phase 2 has so far completed four holes and core samples have been sent to the lab for analysis. The total metres completed so far for phase 2 is 1,520 metres.

The Werner Lake exploration programme is part of a $2.5 million commitment to advance the project and is being sole funded by Marquee Resources for an earn-in of up to 70% interest in the project.

Currently, Global Energy Metals owns 100% of the project.

GEMC shares in Toronto added almost 12% to $0.095.

 

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Thu, 27 Sep 2018 10:55:00 -0400 https://ca.proactiveinvestors.com/companies/news/205898/global-energy-metals-shares-advance-as-it-updates-on-werner-lake-cobalt-drilling-205898.html
<![CDATA[News - Global Energy Metals set to raise C$500,000 to advance business ]]> https://ca.proactiveinvestors.com/companies/news/205358/global-energy-metals-set-to-raise-c500000-to-advance-business-205358.html Global Energy Metals Corp (CSE:GEMC) announced a private placing to bring in up to C$500,000 (gross).

"This capital raise will support the acquisition and continued advancements at the Millennium and Mt. Isa Cobalt Projects in Australia and recently announced Lovelock Mine and Treasure Box project in Nevada to provide investment exposure to the growing battery metals sector through our growing portfolio of cobalt projects in some of the world's best mining jurisdictions," said Mitchell Smith, the president and chief executive at GEMC.

Letter of intent

The company recently entered a letter of intent with Nevada Sunrise Gold Corp to acquire an 80% interest in the Lovelock Cobalt Mine and the Treasure Box Project located in Churchill County, around 150 km east of the Tesla Gigafactory in Sparks, Nevada.

It has also completed its initial phase one work program at Millennium having reported multiple high-grade and wide intercepts validating the geological model and confirming significant upside potential to grow the resource base at Millennium.

GEMC also recently announced that it has entered into a binding agreement with Hammer Metals to acquire the balance of the interest in the Millennium and the Mt. Isa projects.

The placing will see the group issue a maximum of around 6.6mln shares at a subscription price of C$0.075 each.

Each unit will consist of one company share and one transferable share purchase warrant. The latter will be exercisable to purchase an additional share for 12 months from the closing date of C$0.15.

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Thu, 20 Sep 2018 10:58:00 -0400 https://ca.proactiveinvestors.com/companies/news/205358/global-energy-metals-set-to-raise-c500000-to-advance-business-205358.html
<![CDATA[News - Global Energy Metals gives further detail on exciting Nevada cobalt acquisition ]]> https://ca.proactiveinvestors.com/companies/news/204770/global-energy-metals-gives-further-detail-on-exciting-nevada-cobalt-acquisition-204770.html Global Energy Metals Corp (CSE:GEMC) Wednesday gave further details on its deal to buy two high-grade cobalt projects in Nevada, announced yesterday.

It is set to acquire an 80% interest in the Lovelock Cobalt mine and the Treasure Box project - which are 150km from Tesla's (NASDAQ:TSLA) giant Gigafactory.

Mitchell Smith, president and chief executive of the group, told Proactive's Steve Darling, that for shareholders, the deal represented a way to get more "investment exposure" into cobalt, one of 35 metals designated "critical" by the US government.

"With groups like Tesla 150km away from us, the electric vehicle (EV) growth globally is only increasing, and the demand on batteries is strengthening..," he said.

WATCH: Global Energy Metals acquires cobalt mine down the road from Tesla Gigafactory

The past producing Lovelock mine consists of 70 unpatented lode claims in the Cottonwood Canyon area and totals around 1,400 acres (567 hectares).

It was discovered by George Lovelock and Charles Bell about 1880.

The mine operated from 1883 to 1890 to the 100 foot level, reporting 500 tons of cobalt and nickel mineralized material shipped to England for processing.

The average of the 200 tons shipped in 1886 averaged 14% cobalt and 12% nickel.

No further production from the Lovelock Mine is known for well over a century.

Meanwhile, GEMC  noted that Treasure Box hosted mine workings from limited copper production, which went in the early 20th century.

A reverse circulation (RC) hole drilled at the project by Utah International in 1976 returned 1.55% copper over 12.2 metres from a depth of between 85 and 125 feet (25.9 to 38.1 metres), and the hole was stopped in chalcopyrite mineralization.

The core Treasure Box claims were held continuously for over 20 years by a private company but were relinquished in September last year, leading to their acquisition by Nevada Sunrise, with whom GEMC struck the deal announced yesterday.

The Nevada assets are drill ready and have the required permits for an exploration program.

In order to exercise the option, GEMC must follow a number of conditions. It will issue to Nevada Sunrise shares worth US$200,000 at a deemed price per share equal to the greater of: C$0.15; and, also: the volume weighted average of the closing price of the company's shares for the 20 trading days immediately before executing the definitive agreement.

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Wed, 12 Sep 2018 13:40:00 -0400 https://ca.proactiveinvestors.com/companies/news/204770/global-energy-metals-gives-further-detail-on-exciting-nevada-cobalt-acquisition-204770.html
<![CDATA[Media files - Global Energy Metals acquires cobalt mine down the road from Tesla Gigafactory ]]> https://ca.proactiveinvestors.com/companies/stocktube/10438/global-energy-metals-acquires-cobalt-mine-down-the-road-from-tesla-gigafactory-10438.html Tue, 11 Sep 2018 13:53:00 -0400 https://ca.proactiveinvestors.com/companies/stocktube/10438/global-energy-metals-acquires-cobalt-mine-down-the-road-from-tesla-gigafactory-10438.html <![CDATA[News - Global Energy Metals forays into the US; set to buy two cobalt projects 150km from Tesla's Gigafactory ]]> https://ca.proactiveinvestors.com/companies/news/204648/global-energy-metals-forays-into-the-us-set-to-buy-two-cobalt-projects-150km-from-tesla-s-gigafactory-204648.html Global Energy Metals Corp (CSE:GEMC) has moved into the US with a new deal to buy two high-grade cobalt projects just 150km from Tesla's (NASDAQ:TSLA) Gigafactory — the largest battery factory on earth.

It has entered a letter of intent (LOI) with Nevada Sunrise Gold Corp to acquire an 80% interest in the Lovelock Cobalt mine and the Treasure Box project.

WATCH: Global Energy Metals ready to "rock" the Cobalt world with Australian Project

"We are very pleased with the signing of the LOI to acquire an interest in the Lovelock and Treasure Box cobalt projects as we believe this transaction represents an excellent step for the company to further grow its exciting cobalt asset portfolio and build a new presence in the United States," said Mitchell Smith, president and chief executive of Global Energy Metals.

"We look forward to applying modern exploration methods to unlock the potential of these high-grade cobalt assets."

GEMC says Nevada is the "right place at the right time" for cobalt and is a superior mining jurisdiction which hosts several promising copper-gold projects nearby and also has excellent infrastructure.

The assets in question encompass a historic producer, in which the average of 200 tons shipped in 1886 was 14% cobalt and 12% nickel. They have never been thoroughly explored in modern times, said GEMC.

READ: Global Energy Metals releases encouraging results from Millennium cobalt project

They are drill ready and an exploration program is expected to include detailed geological mapping, chip and channel sampling and magnetic surveys.

In order to exercise the option, GEMC must follow a number of conditions. It will issue to Nevada Sunrise shares worth US$200,000 at a deemed price per share equal to the greater of: C$0.15; and, also:  the volume weighted average of the closing price of the company's shares for the 20 trading days immediately before executing the definitive agreement.

Shares added 7.7% to C$0.07 in afternoon trade in Toronto.

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Tue, 11 Sep 2018 09:22:00 -0400 https://ca.proactiveinvestors.com/companies/news/204648/global-energy-metals-forays-into-the-us-set-to-buy-two-cobalt-projects-150km-from-tesla-s-gigafactory-204648.html
<![CDATA[Media files - Global Energy Metals ready to "rock" the Cobalt world with Australian Project ]]> https://ca.proactiveinvestors.com/companies/stocktube/10406/global-energy-metals-ready-to-rock-the-cobalt-world-with-australian-project-10406.html Fri, 07 Sep 2018 15:14:00 -0400 https://ca.proactiveinvestors.com/companies/stocktube/10406/global-energy-metals-ready-to-rock-the-cobalt-world-with-australian-project-10406.html <![CDATA[News - Global Energy Metals releases encouraging results from Millennium cobalt project ]]> https://ca.proactiveinvestors.com/companies/news/204383/global-energy-metals-releases-encouraging-results-from-millennium-cobalt-project-204383.html Global Energy Metals Corp (CSE:GEMC) released encouraging news Thursday on its Millennium cobalt project located in Mount Isa, Queensland, Australia.

This summer, Global Energy Metals completed its phase 1 program at its Millennium project with a primary focus on infill confirmation drilling to support continuing resource development.

The company said drill results exceeded expectations and successfully discovered several new mineralized zones. Given the success of this initial program, the company has approved and commenced the acquisition of the project from partner Hammer Metals.

READ: Global Energy Metals' metallurgical studies for Millennium project will increase understanding of its potential

This accelerated acquisition of cobalt-rich assets in this pro-mining jurisdiction positions Globel Energy Metals as one of the region's leading cobalt explorer/developer, which is building a district-scale cobalt opportunity in Queensland Australia's prolific Mount Isa mining district.

"Results from exploration at Millennium during the first half of 2018 have demonstrated both the quality of the known resource and the strong potential for a significant increase in tonnage," said president and chief executive officer, Mitchell Smith. 

"The new infill drill holes have demonstrated continuity between the previously reported high-grade cobalt zones with wide zones of cobalt mineralization near surface and at depth with assay results indicating metal grades exceeding prior expectations. We look forward to completing the 100% acquisition along with continued exploration success during the program's second phase aimed at expanding the resource through the identification of newly discovered mineralized zones."

READ: Global Energy Metals has long-term Chinese partnerships and aggressive exploration programmes underway on its cobalt properties

The company said it is in the process of finalizing the definitive agreement with Hammer Metals and expects to complete on the transaction in the very near future.

A second phase drill program is now being planned and will focus on expanding resources and testing prospective targets located on the project's known 3km long mineralized zone.

Shares of Global Energy Metals were at C$0.07 in Toronto on Thursday.

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Thu, 06 Sep 2018 13:57:00 -0400 https://ca.proactiveinvestors.com/companies/news/204383/global-energy-metals-releases-encouraging-results-from-millennium-cobalt-project-204383.html
<![CDATA[News - Global Energy Metals' metallurgical studies for Millennium project will increase understanding of its potential ]]> https://ca.proactiveinvestors.com/companies/news/203234/Global-Energy-Metals%27-metallurgical-studies-for-Millennium-project-will-increase-understanding-of-its-potential--203234.html Global Energy Metals Corp (CVE:GEMC, OTCQB:GBLEF) has hired ALS Metallurgy PTY Ltd to carry out metallurgy from core samples from its Millennium project in Queensland, ahead of a potential feasibility study.

This work is part of a second phase work programme at Millennium following a successful phase one, which consisted of 10-holes for 1,141 metres.

READ: Global Energy Metals says latest Werner Lake assays confirm mineralisation at depth

That work was aimed at testing the up-dip continuity at the Millennium North deposit and confirm historical estimates of mineralisation, which was reported in 2016 by partner Hammer Metals.

"Commencing the metallurgical programme following the very successful first phase confirmation drill programme gives us a solid head start on understanding the deposit's metallurgical properties and economic potential for a future feasibility study," said Mitchell Smith, president and chief executive of Global Energy Metals Corp.

"We are excited to be partnering with an experienced and well-seasoned team of professionals, in ALS Metallurgy, who have a unique expertise in cobalt deposits."

The testing, expected to take between six and ten weeks on two 50kg composite samples, will also provide further detail on previously conducted preliminary hydrometallurgical studies, which showed that saleable cobalt and copper concentrates could be recovered.

It is expected to lead to additional work towards determining a potential final cobalt product at Millennium.

In June this year, GEMC told investors it had found further high-grade cobalt at Millennium from the final four holes during the phase one campaign.

WATCH: Global Energy Metals acquires 100% of Millennium cobalt property from Hammer Metals

The project covers a sulphide-rich mineralised zone containing cobalt, copper and gold.

Cobalt and copper were encountered along the entire targeted 1,500m strike length, while the zones remain open in all directions.

Rock chip sampling was also conducted, and significantly, at the Northern Extension zone, which lies around 1km north of the currently defined Millennium resource, results indicated that here lie high priority targets for further work to expand the known resource.

Following the exceptional phase one results, GEMC entered into a binding agreement on June 26, this year, and is acquiring from Hammer Metals the balance of the Millennium property and the Mt. Isa projects, and will now hold 100% of both Millennium and the Mt Isa projects.

The company expects to complete the transaction in the coming weeks.

GEMC shares in Toronto added over 7% to C$0.075.

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Mon, 20 Aug 2018 09:00:00 -0400 https://ca.proactiveinvestors.com/companies/news/203234/Global-Energy-Metals%27-metallurgical-studies-for-Millennium-project-will-increase-understanding-of-its-potential--203234.html
<![CDATA[News - Global Energy Metals says latest Werner Lake assays confirm mineralisation at depth ]]> https://ca.proactiveinvestors.com/companies/news/202985/global-energy-metals-says-latest-werner-lake-assays-confirm-mineralisation-at-depth-202985.html Global Energy Metals Corp (CVE:GEMC) has unveiled further encouraging drill assays from the Werner Lake Cobalt project in Ontario.

The assays hail from the next five of eight holes drilled at the summer work programme, undertaken by the group's partner Marquee Resources, and confirm an extension of mineralisation at depth with further high-grade cobalt.

Highlight results were 5.5 metres at 0.66% Co (cobalt) from 198.5 metres (m) in one hole, including 0.7 m (meters) at 3.15% cobalt.  Another was 2.7m at 0.354% cobalt from 189m in another hole, including 0.7m at 0.67% cobalt.

READ: Global Energy Metals says initial drill results from Werner Lake show high-grade cobalt

"Results from this drill programme have further demonstrated the potential for mineralised zones," said Paul Sarjeant, the vice president of projects and a director at GEMC.

"Marquee's technical team is incorporating the new drilling data into the geological model and is developing a follow-up drilling programme which will target mineralization at depth having the potential to significantly increase the existing NI 43-101 resource at Werner Lake."

The property is one of the key cobalt resources in Canada and its historical total mine production was reported at 143,386 pounds of cobalt grading around 2.2% cobalt and 0.75 % copper.

GEMC also noted today that it had been informed by the relevant authorities that the wildfire, which was previously burning in the area was now sufficiently under control to allow the firm to recommence drilling and the team is expected to be remobilised over the coming 24 hours.

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Wed, 15 Aug 2018 12:14:00 -0400 https://ca.proactiveinvestors.com/companies/news/202985/global-energy-metals-says-latest-werner-lake-assays-confirm-mineralisation-at-depth-202985.html
<![CDATA[News - Global Energy Metals bolsters board with new appointees ]]> https://ca.proactiveinvestors.com/companies/news/201859/global-energy-metals-bolsters-board-with-new-appointees-201859.html Global Energy Metals Corp. (CVE:GEMC) announced Monday that it has appointed Alex Hewlett to its board of directors.

The appointment is subject to the completion of the acquisition of the Millennium cobalt project, as well as the Mount Dorothy cobalt project and the Cobalt Ridge project (collectively known as the Mount Isa projects).

Additionally, the company announced that chief executive officer and president Mitchell Smith has also been appointed to the board. 

Global Energy Metals is currently in the process of acquiring the balance of the Millennium Property and the Mt. Isa Projects from Hammer Metals, and will now hold 100% of both in exchange for common shares of GEMC, equal to 19.9% of the issued share capital. Hammer was granted the right to nominate one individual to GEMC's Board subject to the completion of the agreement. The company expects to complete on the transaction in the coming weeks.

READ: Global Energy Metals says initial drill results from Werner Lake show high grade cobalt

"We are in full support of Hammer's nomination of Mr. Hewlett to our board of directors as part of this foundational transaction. Alex's wide international experience in the natural resource sector and expertise in the Mt. Isa region will greatly benefit our focus on growing the Millennium Cobalt project and the building of a new cobalt district in Queensland, Australia," said executive director Erin Campbell.

"As GEMC prepares for significant growth, now is the right time to complement the board with the vision, leadership and drive that Mitchell Smith has executed in building a premier cobalt focused company with strong assets in politically safe, pro-mining jurisdictions. We are equally as excited to add Mitchell to the board."

The company also announced the departure of Ray Castelli as one of its founding board members. 

Shares of Global Energy Metals were at C$0.09 on Monday. 

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Mon, 30 Jul 2018 11:24:00 -0400 https://ca.proactiveinvestors.com/companies/news/201859/global-energy-metals-bolsters-board-with-new-appointees-201859.html
<![CDATA[News - Global Energy Metals says initial drill results from Werner Lake show high grade cobalt ]]> https://ca.proactiveinvestors.com/companies/news/201167/global-energy-metals-says-initial-drill-results-from-werner-lake-show-high-grade-cobalt-201167.html Global Energy Metals Corp (CVE:GEMC) revealed high-grade cobalt had been found at the Werner Lake Cobalt project in Ontario, sending shares higher.

Its partner Marquee Resources has received assay results from the first two holes sunk during the summer work programme.

READ: Global Energy Metals excited as partner kicks off drilling at key Werner Lake cobalt project

Standout assays were  3.8m (meters) at 1.39% cobalt including 1.6m at 3.23% cobalt, from 36.7m in one hole.

"These early results from the first phase of the drill campaign are extremely exciting as they confirm the presence of a high-grade cobalt at Werner Lake, said Marque managing director Charles Thomas.

"As we continue to receive results from this drill campaign we are expanding our knowledge of this high-grade deposit, which remains open in all directions.

"Drilling has been progressing ahead of schedule and we look forward to receiving and reporting the assays from the rest of this phase 1 drilling campaign."

Data consistency

Notably, GEMC noted that the findings also showed the consistency of data from previous drill campaigns.

Marquee has now completed eight holes for 1,527m at the Werner Lake Project as part of the phase one drilling campaign.

The property is one of the key cobalt resources in Canada and its historical total mine production was reported at 143,386 pounds of cobalt grading around 2.2% cobalt and 0.75 % copper.

Canmine Resources completed several preliminary feasibility studies and economic modelling and was in the process of completing a definitive feasibility study when the group files for bankruptcy.

Additional work was completed in 2009-2010 by Puget Ventures and all this work formed the basis for the NI 43-101 resource report from Global Energy in September last year, relating to the historic underground workings at the old mine site, now referred to as the mine site deposit and the west cobalt deposit.

Highlights included a higher confidence indicated resource of 57,900 tonnes at 0.51% cobalt and an inferred resource of 6,300 tonnes at  0.48% cobalt at a 0.25% cut-off grade.

GEMC shares surged over 16% in Toronto to stand at C$0.10 each.

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Thu, 19 Jul 2018 10:53:00 -0400 https://ca.proactiveinvestors.com/companies/news/201167/global-energy-metals-says-initial-drill-results-from-werner-lake-show-high-grade-cobalt-201167.html
<![CDATA[News - Global Energy Metals excited as partner kicks off drilling at key Werner Lake cobalt project ]]> https://ca.proactiveinvestors.com/companies/news/199820/global-energy-metals-excited-as-partner-kicks-off-drilling-at-key-werner-lake-cobalt-project-199820.html Global Energy Metals Corp (CVE:GEMC) said diamond drilling kicked off at its Werner Lake Cobalt project in Ontario.

Phase 1 of the programme will consist of around 2,000m of diamond drilling, and subject to positive findings, partner Marquee will immediately move to Phase 2, which will encompass 3,500m of  drilling.

READ: Global Energy Metals sees need for diversified supply of cobalt; acquires 100% of Millennium project

"We are thrilled to have drills turning again at the past producing Werner Lake Cobalt project and look forward to a successful work campaign by our partner Marquee Resources," said GEMC president and chief executive Mitchell Smith said.

The Werner campaign has been designed to increase the existing indicated resource of 79,400 tonnes at 0.43% cobalt,  which remains open in all directions.

Initially, drilling will focus on the Werner Lake West area where the bulk of the NI 43-101 resource estimate was delineated.

Planned holes will test depth extension of the mineralised zone(s), confirm historic drill intercepts and will attempt to convert areas of inferred mineralisation to the indicated category.

Phase 2 drilling would continue to test the down dip/down plunge potential of the mineralised zone at both the Werner Lake West and the Old Mine Site areas.

The property is one of the key cobalt resources in Canada and it has seen some history.

Canmine Resources completed several preliminary feasibility studies and economic modelling and was in the process of completing a definitive feasibility study when they filed for bankruptcy.

Additional work was completed in 2009-2010 by Puget Ventures and all this work formed the basis for the NI 43-101 resource report from Global Energy in September last year

That resource relates to the historic underground workings at the old mine site, now referred to as the mine site deposit and the west cobalt deposit.

Highlights included a higher confidence indicated resource of 57,900 tonnes at 0.51% cobalt and an inferred resource of 6,300 tonnes at  0.48% cobalt  at a 0.25% cut-off grade.

The mineralised zones remain open in all directions.

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Thu, 28 Jun 2018 13:09:00 -0400 https://ca.proactiveinvestors.com/companies/news/199820/global-energy-metals-excited-as-partner-kicks-off-drilling-at-key-werner-lake-cobalt-project-199820.html
<![CDATA[News - Global Energy Metals sees need for diversified supply of cobalt; acquires 100% of Millennium project ]]> https://ca.proactiveinvestors.com/companies/news/199620/global-energy-metals-sees-need-for-diversified-supply-of-cobalt-acquires-100-of-millennium-project-199620.html Global Energy Metals Corp (CVE:GEMC) has been efficiently checking items off its to-do list, as it continues to build its position as a leading cobalt developer in Australia's Mt. Isa region.

The company announced today that it will acquire 100% of the Millennium cobalt property and the neighbouring Mt. Isa cobalt projects after it struck a deal with partner Hammer Metals. 

"Ultimately what this does is make us a leading cobalt developer in the region," chief executive officer Mitchell Smith told Proactive Investors. "This is a fantastic asset."

"Hammer is going to work with us to look at other properties in the region, given their technical and jurisdictional expertise."

READ: Global Energy Metals positions itself as leading cobalt explorer in Mt Isa region with acquisition

The metal at play here is cobalt: a silverish-gray metal, is an essential ingredient in lithium-ion batteries that power smartphones as well as plug-in electric vehicles.

And according to Smith, the demand for it will continue. 

"Cobalt is here to stay," says Smith adding that while there is some substitution going on, much of it is still a long ways out. "There's a need for diversified supply. The Millennium asset provides opportunities for future supply for downstream partners."

The Millennium asset provided some bright news for the company lately, as it completed phase one drilling with further high-grade cobalt finds.

The project in Queensland covers a sulphide-rich mineralized zone containing cobalt, copper and gold. 

Global supply of cobalt is shifting

Globally, much of the world’s cobalt production is produced by the Democratic Republic of Congo (DRC), accounting for more than half the world’s 123,000-ton production in 2016, according to Natural Resources Canada. China and Canada followed, each contributing roughly 6% of supply, followed by Russia and Australia.

But that figure is shifting, and smaller players have a clear opportunity to benefit, particularly in light of the challenging environment of the DRC, which comes with political risks and conflict. In addition to this, Chinese firms dominate the mining industry there.

Eyes are turning to Australia and Canada. For Global Energy Metals, that’s welcome news.

Specifics of the deal

In 2017, Global Energy Metals signed an agreement deal with Hammer Metals, which allowed it to acquire a 75% stake by spending C$2.5mln within three years. In March this year, it had spent at least C$500,000 and owned a 25% interest.

To acquire the balance of the Millennium property and the Mt. Isa projects, Global Energy Metals will pay Hammer shares equal to 19.9% of the issued share capital.

Next on the to-do list includes re-commencing exploration and expansion of the project, in order to get a current resource estimate as well as identify new opportunities. 

"The initial work program, that just concluded at Millennium, has only just begun to highlight the potential for the project to be part of a much larger regional cobalt play across the Mt. Isa region of Queensland Australia," said Smith. 

"We want to fast-track this as much as possible," he added. 

Continuing to build the team

Global Energy Metals has also bolstered its team in recent weeks, with the appointment of Giulio T. Bonifacio and Bassam Moubarak as strategic advisors.

In the case of Bonifacio, he was the founder, president and director of Nevada Copper since its inception in 2005 until February 2018 and has led and directed efforts at many stages of development including exploration, development, permitting and construction. Bonifacio has experience in operations, capital markets, project finance and mergers and acquisitions.

"Having someone as seasoned as Mr. Bonifacio with his international network of bankers, fund managers, analysts, and high net-worth stakeholders along with his extensive operational knowledge will be a great asset to Global Energy Metals," said Smith.

Moubarak, a Chartered Professional Accountant, has been active in the restructuring and refinancing of a number of junior resource companies over the past decade.

He has served as an officer and director of several mining and exploration companies. His most recent role was as Chief Financial Officer of Lithium X of which he was pivotal in the execution of its takeover by the Hong Kong acquisition vehicle NextView. He also served as CFO of Goldrock Mines Corp. where he played a key role in its sale to Fortuna Silver Mines Inc.

“Bassam brings knowledge and experience in resource development and financing that will be invaluable to Global Energy Metals and I believe will prove to be paramount to our success in the Company's cobalt focused growth strategy," said Smith. 

For now, its full speed ahead for Global Energy Metals, as it continues its path of developing a diversified global portfolio of cobalt assets in safe, mining-friendly jurisdictions.

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Tue, 26 Jun 2018 15:05:00 -0400 https://ca.proactiveinvestors.com/companies/news/199620/global-energy-metals-sees-need-for-diversified-supply-of-cobalt-acquires-100-of-millennium-project-199620.html
<![CDATA[Media files - Global Energy Metals acquires 100% of Millennium cobalt property from Hammer Metals ]]> https://ca.proactiveinvestors.com/companies/stocktube/9704/global-energy-metals-acquires-100-of-millennium-cobalt-property-from-hammer-metals-9704.html Tue, 26 Jun 2018 13:10:00 -0400 https://ca.proactiveinvestors.com/companies/stocktube/9704/global-energy-metals-acquires-100-of-millennium-cobalt-property-from-hammer-metals-9704.html