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Global Energy Metals says metallurgical drilling thickens cobalt-copper sulphide zone at Werner Lake

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

A highlight interval from one hole was 7.33m (meters) at 0.827% cobalt

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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Market: TSX-V
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