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.
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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.
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