Global Energy Metals Secures Drilling Contractor and Prepares to Mobilize for First-Ever Drill Program at Lovelock Cobalt-Nickel-Copper Project in Nevada

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Vancouver, BC – TheNewswire – September 29, 2021 – World Society of Energetic Metals (TSX Venture Exchange: GEMC) | (OTCQB: GBLEF) | (FSE: 5GE1) (“Global Energy Metals”, the “Company” and / or “GEMC“), a company involved in the exposure of investments to the battery metals supply chain, is pleased to announce that it has obtained O’Keefe Drilling Company, an established drilling contractor based in Butte, MT, to perform up to 1,000 meters of district-wide reverse circulation drilling, the Lovelock Cobalt-Nickel-Copper (“Lovelock”) project located in the prolific Belt IOCG of the Stillwater chain in Nevada, United States.

Strong points

  • – Up to 1,000 meters of targeted reverse circulation drilling;

    – Drilling will focus on making new discoveries of copper-nickel-cobalt along newly defined conductors at Lovelock;

    – Recent geophysical studies have identified priority drilling targets which complement the field exploration work previously carried out;

    – There is a strong potential for discovery in and around the Lovelock properties as well as on the identified regional targets; and

    – Modern exploration techniques and methods are used on the Company’s US properties with the aim of making new discoveries of battery metals essential to technologies enabling a low carbon economy.

Timothy Strong, Director of Project Development for Global Energy Metals, said:

In addition to the historic mining of high-grade cobalt, nickel and copper, recent electromagnetic and exploration fieldwork suggests that the set of lands that make up Lovelock remains very promising for new discoveries and that the extended system has the potential for high contents. We look forward to starting this initial drilling program at Lovelock and will systematically test additional regional targets over the coming months.

The majority of the first pass drilling program this season will focus on confirming intersections of cobalt-nickel-copper containing veins that correlate with historic underground mining and mapped shallow cobalt-nickel-copper occurrences. . It is expected that the drill program will demonstrate wider mineralization across the width and depth of the occurrence that remains open in all directions.

As previously reported at the end of 2020, an independent interpretation of the regional structure of the Lovelock property, particularly near the historic high-grade cobalt and nickel mining that occurred at the Lovelock mine suggest that the Lovelock mine is located in a strong structural control corridor with several subparallel structures indicating the potential for several mineralized zones linked to these structures. Especially the A geophysical study identified high priority drill targets that complement previous field exploration work.

Interpretation of the data has enabled a better understanding of the area, extending from previously mined deposits to major undeveloped exploration prospects and targets, and significantly improves the Company’s ability to successfully target and explore new deposits. buried high-grade cobalt-nickel-copper. deposits across the large footprint in a very promising mining district.

Qualified person

Mr. Paul Sarjeant, P. Geo., Is the Qualified Person for this release as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

World Society of Energetic Metals

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

Global Energy Metals Corp. provides exposure to investments in the growing rechargeable battery and electric vehicle market by creating a diversified global portfolio of mineral battery assets in the exploration and growth phase.

Global Energy Metals recognizes that the proliferation and growth of the electrified economy over 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 ‘consolidation, partnership and investment’ approach and in doing so has assembled and advanced a portfolio of strategically important investments in resources. metallic batteries.

As evidenced by the Company’s current copper, nickel and cobalt projects in Canada, Australia, Norway and the United States, GEMC invests, explores and develops potential and scalable assets in established mining and processing jurisdictions. close to end-use markets. . Global Energy Metals targets projects with low logistics and processing risks, so that they can be accelerated to enter the supply chain in this cycle. The Company is also working with industry peers to strengthen its exposure to these critical raw materials and associated technologies required for a cleaner future.

Securing exposure to these essential minerals that are fueling the electric mobility revolution is a generational investment opportunity. Global Energy Metals believes it is time to be part of this electrification movement.

For more information:

World Society of Energetic Metals

# 1501-128 Pender Street West

Vancouver, BC, V6B 1R8

Email: [email protected]

t. + 1 (604) 688-4219

www.globalenergymetals.com

Twitter: @EnergyMetals | @USBatteryMetals | @ElementMinerals

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Caution regarding forward-looking information:

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

GEMC’s operations could be significantly affected by the effects of a generalized global outbreak of a contagious disease, including the recent disease outbreak 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 the governments of affected countries. In addition, a significant outbreak of contagious diseases in the human population could lead to a generalized health crisis that could negatively affect the economies and financial markets of many countries, resulting in an economic downturn that could further affect operations and the ability to fund its operations. . .

For more information on Global Energy and the risks and challenges facing their businesses, investors should consult the filings available at www.sedar.com.

Neither the 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.

We seek refuge.

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