- Global Energy Metals (GEMC) has received approval from the US Bureau of Land Management for the initial drill plan at the Treasure Box Project
- The project is located in Churchill County, Nevada
- Treasure Box includes the potential for discovery of high-grade copper and cobalt
- The proposed initial drilling program at the Treasure Box Mine includes up to thirteen drill holes
- Global Energy Metals holds a diversified global portfolio of exploration and growth-stage battery mineral assets
- Global Energy Metals (GEMC) is unchanged trading at $0.23 per share at 11:20 am EST
Global Energy Metals (GEMC) has received approval from the US Bureau of Land Management for the Treasure Box Project.
The project is located in Churchill County, Nevada.
Treasure Box is considered to be highly prospective with supergene-enriched iron oxide copper-gold style mineralization that includes the potential for the discovery of high-grade copper and cobalt.
Mitchell Smith, President and CEO commented on the news.
“The approval for the drill permit continues to demonstrate the support by the BLM and the U.S. government for the exploration and development of domestic projects that have the potential to become new sources of battery and technology enabling metals. This proposed drill program will target high impact exploration targets where past indicators point to the possibility of high-grade copper and cobalt mineralization.”
The proposed initial drilling program at the Treasure Box Mine includes up to thirteen drill holes. Total drilling is anticipated to be 5,850 feet with a minimum drilling length of three drill holes totalling 1,350 feet.
The company is in discussions with several drilling companies to provide drilling services for the phase 1 drilling campaign in the near future.
Global Energy Metals holds a diversified global portfolio of exploration and growth-stage battery mineral assets.
Global Energy Metals (GEMC) is unchanged trading at $0.23 per share as of 11:20 am EST.
