We spoke with Mitchell after the company announced that fieldwork at the Lovelock Cobalt Mine is now underway in Nevada, USA is now underway. Cobalt is a commodity that has attracted a larger audience in the past few years.
With a focus on identifying high-grade mineralized zones of cobalt, nickel and copper in the historical underground workings.
Global Energy Metals will commence channel sampling of previously identified mineral-rich areas, as well as complete detailed geological mapping and surveying of the accessible underground workings.
On the 13th of June 2019, Global Energy Metals Corporation announce that it has staked 11 new claims adjoining the 70 pre-existing Lovelock Cobalt Mine project claims in Churchill County, Nevada.
The new claims to the north of the historic mineshaft cover approximately 75 hectares increasing the Lovelock property to a total of 642 hectares, within 81 mineral claims.
In January of this year, Global Energy entered into an option agreement with Nevada Sunrise Gold, a Vancouver based company, for the option to acquire an 85% undivided interest in the Lovelock Cobalt Mine and nearby Treasure Box project, adding to its portfolio of battery metal projects in top-tier mining jurisdictions within Canada and Australia. Both Lovelock and Treasure Box are highly prospective for battery minerals including cobalt, nickel and copper.
Global Energy Metals Corporation (TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1) Global Energy Metals is focused on offering the security of supply of cobalt, a critical material to the growing rechargeable battery market, by building a diversified global portfolio of cobalt assets including project stakes, projects and other supply sources.
GEMC anticipates growing its business by acquiring project stakes in battery metal-related projects with key strategic partners. Global Energy Metals currently owns 70% of the Werner Lake Cobalt Mine in Ontario, Canada, has an option to acquire an 85% interest in two cobalt exploration projects in Nevada, 150 km east of the Tesla-Panasonic Gigafactory 1, 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.
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