Global Energy Metals Corp. TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 is focused on offering investment exposure to cobalt, a critical material to the growing rechargeable battery market, by building and developing a diversified global portfolio of cobalt assets in safe, mining-friendly jurisdictions alongside key strategic partners.
Global Energy Metals Becomes Leading Cobalt Developer in Mt. Isa Australia by Acquiring 100% of Millennium Cobalt Project and Neighbouring Mt. Isa Cobalt Projects
See News Release Dated June 26, 2018
Global Energy Metals is also positioning itself as a leading cobalt explorer and developer in the famed Mt. Isa mining district in Queensland, Australia through the advancement of the Millennium Cobalt Project and proposed acquisition of the Mt. Dorothy and Cobalt Ridge projects that will expand its cobalt footprint delivering a transformational twenty-fold increase in the Company’s Australian land position creating a district-scale cobalt exploration and development opportunity.
The Company has also teamed with Marquee Resources, an Australian company that is sole-funding a CAD $2.5 million work campaign to advance the past producing Werner Lake mine.
As GEMC expands its project’s value, it will continue to look at other assets to develop a diversified global portfolio of cobalt assets in safe, mining-friendly jurisdictions.