viewGlobal Energy Metals Corp

Global Energy Metals announces summer work program at Monument Peak in Idaho

The company said work will include drone geophysical surveys and soil sampling, followed by preliminary analysis of the program and the preparation of an independent technical report

Global Energy Metals Corp -
Initial prospecting work and historic data show that there is a large footprint of polymetallic mineralization on the property

Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) (FRA:5GE1) has announced plans for an exploration program during the 2021 summer field season at its Monument Peak copper-silver-gold project in Idaho.

The Vancouver-based junior said the phased exploration program conducted by Dahrouge Geological Consulting will commence on or before July 17, with exploration results released as they become available.

READ: Global Energy Metals joins European Raw Materials Alliance to help develop sustainable supply chains on the continent

To establish the project's resource potential, the company said work will include drone geophysical surveys and soil sampling. Preliminary analysis of the summer exploration program will follow and lead to the preparation of an independent technical report and be used for the generation of drill targeting and permitting, it added.

“The initial prospecting work completed by Dahrouge Geological Consulting as well as all of the historic data compiled to date, show that there is a large footprint of polymetallic mineralization on the property,” the company said in a statement.

“As a next step, we’re very excited to focus on the potential to explore several additional copper, silver and gold target areas by taking a much broader perspective on the Monument Peak land package,” it added.

The Monument Peak project consists of 69 claims covering about 558.5 hectares. It is an exploration-staged, high-grade, copper-silver-gold project, which covers two small past-producing copper mines - Jackson and Hungry Hill.

Sporadic development and production in the area occurred primarily during the early 1900s, with some additional development in the 1950s. The most recent exploration occurred during the 1970s and 1980s.

Contact the author at stephen.gunnion@proactiveinvestors.com

Quick facts: Global Energy Metals Corp


Price: 0.215 CAD

Market Cap: $5.81 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...


Global Energy Metals announces drill results from Millennium and partnership...

Global Energy Metals CEO Mitchell Smith joined Steve Darling from Proactive to share drill results as their that its partner Metal Bank Limited has completed full assay results from the initial RC drilling program at the Millennium copper, cobalt and gold project in Australia. Smith talks...

4 days, 6 hours ago

2 min read