GEMC’s Mitchell Smith on the ‘megatrend opportunity’ in the battery metals supply chain

In a recent InvestorIntel interview, Chris Thompson speaks with Mitchell Smith, President, CEO, and Director of Global Energy Metals Corporation (TSXV: GEMC | OTCQB: GBLEF) (“GEMC”) about how GEMC provides investment exposure to the ‘megatrend opportunity’ in the battery metals supply chain.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Mitchell went on to say that GEMC offers exposure to nickel, cobalt, copper, and other metals integral to the electric vehicle and the energy storage markets through its assets in some of the world’s top tier mining jurisdictions in  proximity to end-use markets. Providing an update on GEMC’s various assets located in Canada, the USA, Australia and Norway, Mitchell told InvestorIntel that GEMC recently listed on the OTCQB exchange in the US as there is increasing interest there in establishing a domestic battery materials supply chain.

To watch the full interview, click here

About Global Energy Metals Corporation

Global Energy Metals Corp. offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified global portfolio of exploration and growth-stage battery metal assets.

Global Energy Metals recognizes that the proliferation and growth of the electrified economy in the coming decades is underpinned by the availability of battery metals, including cobalt, nickel, copper, lithium and other raw materials. To be part of the solution and respond to this electrification movement, Global Energy Metals has taken a ‘consolidate, partner and invest’ approach and in doing so has assembled and is advancing a portfolio of strategically significant investments in battery metal resources.

As demonstrated with the Company’s current copper, nickel and cobalt projects in Canada, Australia, Norway and the United States, GEMC is investing-in, exploring and developing prospective, scalable, assets in established mining and processing jurisdictions which are in proximity to end-use markets. Global Energy Metals is targeting projects with low risks in logistics and processing , so that the projects can be fast tracked to enter the supply chain in this cycle.  The Company is also collaborating with industry peers to strengthen its exposure to these critical commodities and the associated technologies required for a cleaner future.

Securing exposure to these critical metals powering the eMobility revolution is a generational investment opportunity. Global Energy Metals believes this is the time to be part of the electrification movement.

To learn more about Global Energy Metals Corp., click here

Disclaimer: Global Energy Metals Corp. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken,  as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please email info@investorintel.com.




Fueling the GEMC project pipeline of growth stage battery metals

If you are an investor looking for opportunities to participate in the green revolution you have many options to choose from. There are new ETFs popping up weekly that have a variety of themes from EVs, renewable energy, battery materials, and the list goes on….and on. Wherever you decide to start is entirely up to you, but for me, I don’t know that I want to try and pick which technology will rule the day. Personally, I’m not convinced that full battery electric vehicles will ultimately be the answer. I think some sort of fuel cell/battery hybrid vehicle will be the best answer for efficiency and utility. However, with all the momentum behind BEVs and charging stations, etc. I could be completely wrong, even if my thesis is accurate. So rather than try and make a bet on what technology ends up ruling the day, it seems like it would be prudent to take a step back and look at what materials are common to the majority of these technologies. That way it doesn’t matter if my Hybrid Theory (I had to throw in a reference to the debut album of one of my all-time favorite bands – Linkin Park) is valid or not, things like copper, cobalt, lithium, nickel, rare earths, tin and the like will definitely be part of the energy transition to a lower carbon footprint in whatever form it takes.

To that end, today we are going to look at an intriguing company that gives exposure to many of the commodities listed above plus some precious metals sprinkled in, over numerous projects located in safe mining jurisdictions all over the world. And all that with a market cap of just over $5 million. Global Energy Metals Corp. (TSXV: GEMC | OTCQB: GBLEF) (GEMC) has cobalt, copper and nickel projects in Canada, Australia, Norway and the United States. GEMC is investing in, exploring and developing prospective, scalable assets in established mining and processing jurisdictions in close proximity to end-use markets. GEMC is targeting projects with low logistics and processing risks, so that they can be fast tracked to enter the supply chain in this cycle.  The Company is also collaborating with industry peers to strengthen its exposure to these critical commodities and the associated technologies required for a cleaner future.

GEMC currently boasts six projects in varying states of development and ownership share. A quick summary of these are as follows:

Source: GEMC Investor Presentation

As efficient stewards of capital, GEMC is actively negotiating deals to get some of these properties explored using other people’s money. For example, on June 28th the Company signed a Definitive Option Agreement with Metal Bank Limited to commence work program on the Millennium Cobalt-Copper-Gold Project. An initial exploration program at Millennium commenced the first week of July including drilling of up to 4 holes for up to 800m RC drilling of the untested Northern Zone scheduled for early August. With that said, the Company recently raised $1.1 million to enable it to push forward on its own with exploration programs in Nevada and Idaho. In Nevada, GEMC recently expanded the drill program from 1,400 metres (6 to 8 drill holes) to 2,100 metres (9-10 drill holes) to capitalize on having drill contractors onsite at Lovelock so that the company can test historically high-grade copper and cobalt mineralization at Treasure Box. At Lovelock they will focus on making new copper-nickel-cobalt discoveries along newly defined conductors. Additionally, on July 14th GEMC announced a summer exploration program at the Monument Peak Project in Idaho including soil sampling, geological reconnaissance sampling, a drone magnetics survey and photogrammetry.

Now don’t get me wrong, I’m not implying that an investment in Global Energy Metals is the same as buying a critical materials ETF. But with ample news expected over the next few months, GEMC has a lot of torque and leverage to minerals integral to key technologies of the electric vehicle and energy storage markets. Yes, there is an awful lot of risk involved with junior mining companies. Nevertheless, based on yesterday’s close of $0.19 and only 27 million shares outstanding, the Company has a market cap of $5.1 million. Do your homework and decide how much value you ascribe to the assets Global Energy Metals has assembled.




GEMC’s Pipeline of Growth Stage Battery Metal Projects is a Dealmaker’s Delight

GEMC now has a total of 6 combined battery and precious metals projects (3 pending completion)

Battery metals miner Global Energy Metals Corporation (TSXV: GEMC) (“GEMC”) continues to be an under the radar company with huge potential yet to be recognized by the market. GEMC’s combined 6 projects (3 pending) have key battery metals and some have precious metals and all are in good locations in low risk mining countries.

GEMC offers investors exposure to 6 projects (some pending) containing battery metals and some precious metals

Source: GEMC investor presentation

Global Energy Metals 6 combined projects

1) Millennium Cobalt Project and Mount Isa Cobalt-Copper-Gold Project (100% owned) –  Queensland, Australia

The Millennium Project is a significant cobalt-copper deposit that remains open for expansion. It has a historic (not to be relied upon) JORC (2012) Inferred Resource of 3.07 million tonnes @ 0.14% Co, 0.35% Cu and 0.12g/t Au (using CuEq cutoff of 1.0%). GEMC plans to do further work to bring the Resource up to being a NI43-101 compliant resource.

Exploration at the Mount Isa Project to date has returned outstanding, high-grade intercepts and there is excellent potential to significantly improve the JORC Resources in tonnes and grade with multiple high-grade targets awaiting further exploration and test work.

In total GEMC’s Australian land position of 2,560 hectares provides a district-scale cobalt-copper-gold exploration and development opportunity.

Some of GEMC’s excellent drill results at their Australian projects, including high grade cobalt

Source: GEMC

2) Lovelock Mine & Treasure Box Projects (85%) – Nevada, USA

These Projects (567 hectares) are located in the Stillwater Range with good access, skilled workforce, first world infrastructure and only 150 kilometres east of Sparks Nevada, home to the world’s largest battery factory – Tesla’s Gigafactory 1. Past mining on the properties included mining grades of 14% cobalt and 12% nickel. In recent news GEMC announced they have applied to amend the permit for initial drilling of 1,400 metre short-hole drill program at the Lovelock Project to begin in May 2021.

3) Werner Lake Cobalt Project (70%) – Ontario, Canada

The past producing property has a Updated NI 43-101 (2018) Indicated Mineral Resource of 79,400 tonnes at 0.43% Co not including the 2018 drill program. 0.43% cobalt is considered an excellent grade and in line with the exceptional DRC cobalt mines for grade. The Project is prospective for cobalt, copper, nickel and gold.

4) Monument Peak (pending purchase completion, 50%) – Idaho, USA

The past producing ~558.5 hectare property has high-grade, near surface, copper-silver mineralization. The property encompasses two small, past producing Cu-Ag-Au mines: the Jackson Mine and the Hungry Hill Copper Mine. At the Hungry Hill Mine, about 1 km east of the Jackson Mine, a small amount of production (15 tons) reportedly contained 24% Cu, 480 g/t Ag and 4.4 g/t Au. You can read the latest news here.

5) Chance Lake & Amiral Projects (pending purchase completion, 50%) – Quebec, Canada

The Projects are early stage nickel-copper-cobalt-PGE exploration projects. Chance Lake has a historical (not be relied upon) Resource estimate of 716,031 tons at 0.66% Cu, 0.89% Ni, 0.10% Co for the massive sulfide zone, or 967,393 tons at 0.49% Cu and 0.73% Ni for the combined massive sulphide and disseminated sulphide zones.

The Amiral Project has had historical (not to be relied upon) sampling of the Amiral Showing which returned 1.07% Ni and 0.35% Cu over 6.5 m, including 1.54% Ni and 0.29% Cu over 2.1 m (GM59166). At the Trench 4 Showing, historical sampling returned 0.63% Ni and 0.89% Cu (GM62800). You can read more here.

6) Rana Nickel Project (pending purchase completion, 10% +1% NSR royalty) – Norway

The Project is a drill-ready, low CapEx, Class-1 nickel (sulphide) project with strong exploration upside. The Råna Nickel Project portfolio includes four exploration licenses including the past producing Bruvann Nickel Mine in the Råna mafic-ultramafic intrusion in Northern Norway. You can read the latest news here.

Global Energy Metals Corporation offers very significant exploration exposure to the EV battery metals and some precious metals at an incredibly low market cap

Source: GEMC investor presentation

Closing remarks

The past 6 months has seen a superb recovery in the EV metal miners led by rapidly rising cobalt and lithium prices. GEMC appears to have been missed in that recovery despite making enormous positive strides forward.

For those investors looking for an under the radar, early stage, super low market cap (C$3.5M), junior battery metal (and some precious metal) miner with 6 combined promising projects (3 pending purchase completions) in safe locations (Australia, USA, Canada, Norway) then look no further than Global Energy Metals. Risks are high due to the early stage but the upside potential is enormous. Don’t miss this one.

Disclosure: The author is long Global Energy Metals Corporation (TSXV: GEMC).




Mitchell Smith on the battery manufacturing and production plant proximity advantages of GEMC’s US and European Projects

Mitchell Smith discusses the close proximity of GEMC’s Norwegian nickel-copper-cobalt project to an emerging European battery manufacturing hub and how GEMC’s Lovelock Cobalt-Nickel-Copper Project in Nevada is located on the doorstep of the world’s largest lithium-ion battery production plant…

In a recent InvestorIntel interview, Tracy Weslosky spoke with Mitchell Smith, President, CEO and Director of Global Energy Metals Corp. (TSXV: GEMC | OTCQB: GBLEF) (‘GEMC’) about their recent announcement to acquire a strategic interest and NSR Royalty on a past-producing Norwegian nickel-copper-cobalt project.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Mitchell went on to say that the Rana project is one of Norway’s most significant past-producing nickel projects that is in close proximity to an emerging European battery manufacturing hub. “We see it as a near-term supply source for the European battery manufacturing market,” he added. Mitchell also provided an update on GEMC’s Lovelock Cobalt-Nickel-Copper Project in Nevada located on the doorstep of the world’s largest lithium-ion battery production plant. He said that there is a lot of emphasis placed on the localized supply chain of battery materials in the US and the Lovelock project represents an opportunity to supply those materials.

To watch the full interview, click here.

Global Energy Metals Corporation

Global Energy Metals is focused on offering investment exposure to the raw materials deemed critical for the growing rechargeable battery market, by building a diversified global portfolio of battery mineral assets including project stakes and sector specific equity positions. GEMC anticipates growing its business through the acquisition and development of battery mineral projects alongside  key strategic partners.  The Company holds 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mount Isa, Australia positioning it as a leading cobalt-copper explorer and developer in the famed mining district in Queensland, Australia. The Company holds an 85% interest in two battery mineral projects, the Lovelock Cobalt Mine and Treasure Box Project, located on the doorstep of the world’s largest lithium-ion battery production plant, GigaNevada that Tesla Motors Ltd. and partner Panasonic Corp. have built in Nevada, USA. Additionally, the Company holds a 70% interest in the past-producing Werner Lake Cobalt Mine project in Ontario, Canada.

To learn more about Global Energy Metals Corp., click here

Disclaimer: Global Energy Metals Corp. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation.  Forward-looking statements are based on the opinions and assumptions of management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements.  Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company.  The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on www.sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please email info@investorintel.com.




Global Energy Metals to Host Investortalk.com Webinar Highlighting the Company’s Investment Exposure to the Electrified Future

March 16, 2921 (Source) — Global Energy Metals Corporation (TSXV:GEMC) | (OTC:GBLEF) | (FSE:5GE1) (“Global Energy Metals”, the “Company” and/or “GEMC”) is pleased to announce that it will be hosting an InvestorTalk.com Webinar on March 17th, 2021 at 9:00 am EST. The pre-market webinar will provide a corporate overview presented by President & CEO, Mitchell Smith, followed by a live Q&A session.

Highlights will include:

Participants may register for the InvestorIntel.com Investor Talks series webinar at the following link: 

Investor Talk with Mitchell Smith of Global Energy Metals Corp.

Global Energy Metals is developing a strong, diversified portfolio of strategic battery mineral projects and believes its projects are well positioned for further exploration and development at a time when there is renewed interest in the battery minerals sector as price fundamentals are realigning due to the much anticipated surge in demand and market growth that is supported by a global movement towards electric vehicle and new energy storage adoption.

Global Energy Metals’ current portfolio of cobalt, copper and nickel holdings is well exposed to this global transition towards a lower-carbon economy.

The Company previously announced a private placement offering, subject to Exchange approval, for a minimum of 2,000,000 units (the “Units”) of the Company at a price of $0.25 per Unit (the “Offering”), with each Unit comprised of one share and one transferrable share purchase warrant (a “Warrant”). Each transferrable warrant will be exercisable to purchase an additional share of the Company for a period of 24 months from the closing date at a price of CAD$0.30, subject to acceleration.

The net proceeds of the Offering will be used to fund the acquisition of the Monument Peak, Amiral and Chance Lake projects (the “Acquisition”) as well as for business development and working capital purposes.

For details on the financing and Acquisition please refer to the Company’s news release dated March 2, 2021.

InvestorIntel.com

InvestorIntel.com is a leading online source of investor information that provides public market coverage for both investors and industry alike. Offering coverage of emerging markets and investment opportunities to discerning investors, InvestorIntel is considered an online influencer in market analysis and video content. InvestorIntel.com has partnerships with InvestorChannel.com for data-driven market feeds, Moovly.com for video media platform technology, and Investor-Talks.com for regular pre-market presentations by CEOs involved in the capital markets.

Global Energy Metals Corporation

(TSXV:GEMC | OTC:GBLEF | FSE:5GE1)

Global Energy Metals is focused on offering investment exposure to the raw materials deemed critical for the growing rechargeable battery market, by building a diversified global portfolio of battery mineral assets including project stakes and sector specific equity positions. GEMC anticipates growing its business through the acquisition and development of battery mineral projects alongside  key strategic partners.  The Company holds 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mount Isa, Australia positioning it as a leading cobalt-copper explorer and developer in the famed mining district in Queensland, Australia. The Company holds an 85% interest in two battery mineral projects, the Lovelock Cobalt Mine and Treasure Box Project, located on the doorstep of the world’s largest lithium-ion battery production plant, GigaNevada that Tesla Motors Ltd. and partner Panasonic Corp. have built in Nevada, USA. Additionally, the Company holds a 70% interest in the past-producing Werner Lake Cobalt Mine project in Ontario, Canada.

For Further Information:

Global Energy Metals Corporation

#1501-128 West Pender Street

Vancouver, BC, V6B 1R8

Email: info@globalenergymetals.com

t. + 1 (604) 688-4219

www.globalenergymetals.com

Twitter: @EnergyMetals | @USBatteryMetals | @ElementMinerals

Cautionary Statement on Forward-Looking Information:  

Certain information in this release may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although Global Energy Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

GEMC’s operations could be significantly adversely affected by the effects of a widespread global outbreak of a contagious disease, including the recent outbreak of illness caused by COVID-19. It is not possible to accurately predict the impact COVID-19 will have on operations and the ability of others to meet their obligations, including uncertainties relating to the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak, and the length of travel and quarantine restrictions imposed by governments of affected countries. In addition, a significant outbreak of contagious diseases in the human population could result in a widespread health crisis that could adversely affect the economies and financial markets of many countries, resulting in an economic downturn that could further affect operations and the ability to finance its operations.

For more information on Global Energy and the risks and challenges of their businesses, investors should review the filings that are available at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.




Battery metals influencer Mitchell Smith on lithium-ion batteries, Tesla’s GigaFactory and GEMC

In a recent InvestorIntel interview, Peter Clausi speaks with Mitchell Smith, President, CEO and Director of Global Energy Metals Corp. (TSXV: GEMC | OTCQB: GBLEF) (‘GEMC’), about the acquisition of an 85% interest in the Lovelock Mine and Treasure Box Projects located on the doorstep of the world’s largest lithium-ion battery production plant, the Gigafactory One that Tesla Motors Ltd. and partner Panasonic Corp. have built in Nevada, USA.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Mitchell started by saying that the COVID-19 pandemic “has highlighted the importance to regionalize supply and localization of new supply chain of critical minerals.” Mitchell, who was recently ranked as one of the top influencers in the battery minerals sector, continued by saying that the projects have very high grades of nickel, cobalt and copper deposit and have historically produced materials grading 14% cobalt and 12% nickel. He added, “because of fragmented ownership the projects were never explored using modern technique.”

To watch the full interview, click here

Global Energy Metals Corp.

Global Energy Metals is focused on offering investment exposure to the raw materials deemed critical for the growing rechargeable battery market, by building a diversified global portfolio of battery mineral assets including project stakes and sector specific equity positions. GEMC anticipates growing its business through the acquisition and development of battery mineral projects alongside key strategic partners. The Company holds 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mount Isa, Australia positioning it as a leading cobalt-copper explorer and developer in the famed mining district in Queensland, Australia. The Company has acquired 85% interest in two battery mineral projects, the Lovelock Cobalt Mine and Treasure Box Project. Additionally, the Company holds a 70% interest in the past-producing Werner Lake Cobalt Mine project in Ontario, Canada.

To learn more about Global Energy Metals Corp., click here

Disclaimer: Global Energy Metals Corp. is an advertorial member of InvestorIntel Corp.




Focused on feeding the EV boom with battery metals, Global Energy Metals understands the value of their Nevada location

Without doubt one of the biggest disruptions this decade will be the rapid move to electric vehicles (EV). As reported here, UBS recently forecasted US$100kWh batteries by 2022, EV/ICE (Internal Combustion Engine) parity by 2024 and that “there are not many reasons left to buy an ICE car after 2025”. Three of the key metals in demand to feed the EV boom will be cobalt, nickel, and copper. Today I discuss a company that has all three as well as some gold potential. The Company still has a very low market cap and has 3 combined projects in safe countries. These include a recently purchased project (Lovelock Mine & Treasure Box) in Nevada only 150 kilometers from Tesla’s gigafactory.

That company is Global Energy Metals Corp. (TSXV: GEMC | OTCQB: GBLEF) (‘GEMC’). Their focus is to build a portfolio of battery metal assets across key locations such as the USA, Canada, and Australia.

GEMC’s 3 projects are:

  • Lovelock Mine & Treasure Box Projects – Nevada, USA (85%)
  • Werner Lake Cobalt Project – Ontario, Canada (70%)
  • Millennium Cobalt Project (flagship) and Mount Isa Cobalt-Copper-Gold Projects – Queensland, Australia (100%)

GEMC’s 3 combined battery metal projects – USA (Lovelock Mine & Treasure Box), Canada (Werner Lake), and Australia (Millennium & Mount Isa)

Source

The Lovelock Mine & Treasure Box Projects in Nevada USA (85%)

In a very exciting and strategic move recently announced, GEMC has issued shares and made a cash payment as consideration for its acquisition of an 85% interest in the Lovelock Mine and Treasure Box Projects. The properties will be held in GEMC’s newly established U.S. Battery Metals Corp., a new U.S. listed vehicle and wholly owned subsidiary of GEMC.

The Lovelock Mine and property consists of approximately 1,400 acres (567 hectares) in the Stillwater Range of Nevada, USA. It was discovered by George Lovelock and Charles Bell in about 1880 and saw limited production of nickel, copper and cobalt beginning in 1883. GEMC reported that “the general average of the 200 tons shipped in 1886 averaged 14% cobalt and 12% nickel“, which is extremely high grades. After intermittent production no further production from the Lovelock Mine is known for well over a century. Several of the rock samples collected in 2017 showed strong enrichment in cobalt, nickel and copper.

The Treasure Box Project hosts mine workings from limited copper production, which occurred until early into the 20th century. A reverse circulation hole drilled on the Treasure Box in 1976 returned 1.55% copper over 12.2 metres from a depth of 25.9 to 38.1 metres.

Both projects are at the very early stage but appear to have good exploration potential based on their history. A bonus is their location in mining friendly Nevada, USA, and just 150 kilometers from the Tesla Gigafactory.

The Lovelock Mine & Treasure Box Projects are located effectively on the doorstep of Tesla’s Gigafactory in Nevada just 150kms away

Source

Werner Lake Cobalt Project in Ontario, Canada (70%)

The Werner Lake Cobalt Project has an Updated NI 43-101 (2018) Indicated Mineral Resource of 79,400 tonnes at 0.43% Co not including the 2018 drill program. This is an excellent grade for a western located project. There is also exploration potential for copper and gold.

Millennium Cobalt Project and Mount Isa Cobalt-Copper-Gold Projects – Queensland, Australia (100%)

The Millennium Project is a significant cobalt-copper deposit which remains open for further expansion. There is a historical JORC (2012) Inferred Resource estimate which showed grades of 0.14% Co, 0.35% Cu and 0.12g/t Au (using CuEq cutoff of 1.0%). This historical resource estimate is not yet NI43-101 compliant. GEMC intends to upgrade this resource to a current NI43-101 complaint resource.

The Mount Isa Projects include Mount Dorothy and Cobalt Ridge. Early stage drilling results included 7m @ 0.14% Co, 2.55% Cu, and 2m @ 0.12% Co, 0.13% Cu at Mount Dorothy, and exploration rock chip sampling results of 0.31% Co, 3.63% Cu, 1.25g/t Au at Cobalt Ridge.

Closing remarks

GEMC has a current market cap of just C$2.8m. Perhaps the reason the market cap is so low is that the company has had to endure the past 2.5 year cobalt bear market, and has only recently made the USA acquisition.

Recently, companies with USA EV metal assets have done very well as we saw with Piedmont Lithium, Lithium Americas, Westwater Resources, and many others. For investors that are positive on the outlook for EVs and the key EV metals (cobalt, copper, nickel) then GEMC should definitely be on your radar. Plus there is always the chance of GEMC finding gold.