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Global Energy Metals Corp.
Summary
| Project: | Werner Lake | |
|---|---|---|
| Deposit: | Werner Lake | |
| Location: | Canada | |
| Commodities: | Cobalt-Copper-Gold-Arsenic | |
| Date: | 10/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-10-2018: Global Energy Metals Corp. announces an Exploration/Drilling Update report for its Werner Lake deposit at the Werner Lake project. Drilling results incl. 3.90m @ 0.214% Co from 346.0m. Vancouver, BC / TheNewswire / October 29, 2018 / Global En | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Sarjeant (Internal) | |
| ABSTRACT: | Vancouver, BC / TheNewswire / October 29, 2018 / Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy Metals”, the “Company” and/or “GEMC”) is pleased to announce that following the successful completion of a phase 1 exploration program that partner Marquee Resources Limted (“Marquee”) has confirmed encouraging consistency of data from previous drill campaigns at the Werner Lake Cobalt project (“Werner Lake” and/or the “Project”) located in Ontario, Canada. The multi-phase Werner Lake exploration program is part of a $2.5 million commitment to advance the project and is being solely funded by Marquee for their earn-in of up to 70% interest in the Project. Global Energy Metals currently owns 100% of the Werner Lake Project. Paul Sarjeant, VP Projects commented: “These latest results further confirm the presence of extensive cobalt sulphide mineralisation at the Werner Lake deposit. 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 infact 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.” | |
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