GEMC.V · 2021-11-24 12:00:00

Powered BY Cobalt … Driven BY Demand Global Energy Metals’ Exploration Program at Monument PEAK Project IN Idaho Identifies Extensive Copper-Silver-GOLD Mineralization

Exploration Programs

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GLOBAL ENERGY METALS’ EXPLORATION PROGRAM AT

MONUMENT PEAK PROJECT IN IDAHO IDENTIFIES EXTENSIVE

COPPER-SILVER-GOLD MINERALIZATION

Vancouver, BC / TheNewswire / November 24, 2021 / Global Energy Metals

CorporaVon TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy

Metals” , the “Company” and/or “GEMC”), a company involved in the baGery

metals supply chain, is pleased to report that it has completed a program of

rock and soil sampling, and geological mapping at the Monument Peak

copper-silver-gold project in Lemhi County, Idaho, United States.

The exploraUon program, conducted by Dahrouge Geological ConsulUng USA

(“DGC”), included the collecUon of 557 soil samples and 13 rock samples (see

Figure 1).

Phase 1 Highlights of the Soil Sampling and Geological Reconnaissance

Sampling:

•In total 557 soil samples and 13 rock samples collected,

•Rock samples ranged up to 5.61% Cu, 175 g/t Ag, 17.6 g/t Au; the samples

returned an arithmeUc average of 2.18% Cu, 63 g/t Ag, 3.65 g/t Au,

•Soil samples show strong geochemical (Cu, Ag, Au) anomalism along the

known mineralized trend, which extends for 3,200+ metres,

•A mineralized pit in the south part of the property was iden Uﬁed 200

metres due east of previous known mineralizaUon,

•A newly idenUﬁed historical trench between the south and central showings

conﬁrms conUnuity of mineralizaUon, and

•Workings, outcrops, and soil geochemistry imply the mineralized system

could be conUnuous over its enUre known strike length of 3,200+ metres.

During the course of exploraUon acUviUes, ﬁeld crews idenUﬁed several new

areas of visible copper mineralizaUon (see Figures 2-4). The strongly mineral-

ized samples contained variable amounts of chalcopyrite and copper oxide

minerals, consistent with the known Cu-Ag-Au mineralizaUon on the property.

Timothy Strong, Project Development Manager commented:

“We are very excited by the results generated by our recent work program at

Monument Peak. While prospec<ng and soil geochemistry indicate a much

larger footprint to the polymetallic mineraliza <on at the property, the

observa<on and discovery of several addi <onal areas with strong copper,

silver and gold mineraliza<on provides us with new high-priority targets for a

future drill program. It is astonishing that in this mature mining and

explora<on district in Idaho, a strategic project like the Monument Peak

property remains so under-explored and can so easily beneﬁt from explora<on

techniques being deployed.”

Figure 1. Monument Peak loca<on map highligh<ng rock and soil samples

collected.

The 2021 rock samples con2nue to show strong enrichment of precious metal

enrichment. 12 of the 13 rock (grab) samples returned from 7.6 to 175 g/t Ag

and 0.16 to 17.6 g/t Au.

Table 1. 2021 Rock Sample Results

Figure 2. Sample 151404: 0.61 % Cu, 48.2 g/t Ag, 2.44 g/t Au. Rock sample

with copper oxide staining located in a newly discovered historical pit in the

south of the property.

Sample ID Cu (%) Ag (g/tonne) Au (g/tonne)

151401 5.61 42.8 0.955

151402 2.76 20.1 0.535

151403 0.91 93.0 1.03

151404 0.61 48.2 2.44

151405 - 1.0 -

151406 2.51 7.6 1.43

151407 0.32 47.5 1.01

151408 4.63 175 17.4

151409 3.59 112 1.63

151410 4.93 87.8 17.6

151411 1.40 29.9 0.626

151412 0.44 20.3 0.161

151413 0.69 139 2.72

Figure 3. Sample 151409: 3.59 % Cu, 112 g/t Ag, 1.63 g/t Au. Rock sample

from outcrop within historical mineralized trench located along strike between

the central and southern showings.

Figure 4. Sample 151410: 4.93 % Cu, 87.8 g/t Ag, 17.6 g/t Au. Rock sample

from historical mineralized trench located along strike between the Jackson/

Baker Adit and Anderson Occurrence.

Data collected during the summer/fall 2021 explora Uon programs at

Monument Peak will be uUlized to prepare an independent technical report to

assist with drill targeUng and permieng.

All soil and rock samples were shipped to Actlabs in Kamploops, BC for mulU-

element analysis (including silver) by aqua regia digesUon with ICP-OES ﬁnish

(code 1E3) for rock samples and ICP-MS ﬁnish (code UT1) for soil samples and

gold analysis by ﬁre assay with AA ﬁnish (package 1A2B-30).

Monument Peak Copper-Silver-Gold Project, Idaho, USA

The Monument Peak Project consists of 69 claims covering approximately

1,380 acres (~558.5 hectares). It is an exploraUon-staged, high-grade, copper-

silver-gold project, which covers two small past producing copper mines:

Jackson and Hungry Hill. Sporadic development and producUon in the area

occurred primarily during the early 1900’s, with some addiUonal development

in the 1950’s. The most recent exploraUon occurred during the 1970’s and

1980’s.

Mitchel (1972) described the Cu-Ag-Au mineralizaUon at Monument as having

“unusual conUnuity” in associaUon with structural zones within serici Uc

quartzites, which can be traced along 3,200 m strike that vary from 3 to 6 m

width.

The mineralizaUon is described (Lavery, 1988) as “syngene Uc and ﬁts a

volcanic-hosted (massive) sulﬁde model … where … the copper-mineralized

secUon might be as much as 175 feet thick”.

A previous program undertaken by DGC in 2020, included the collecUon of 56

rock samples to conﬁrm historical results, as announced in a previous news

release dated April 27, 2021. The ﬁeld work conﬁrmed both the presence of

signiﬁcant Cu, Ag mineralizaUon, but also the presence of signi ﬁcant gold

mineralizaUon. The samples were collected from three main areas over

3,200 m strike and from the separate Hungry Hill Mine; the arithmeUc average

of all samples was 2.34% Cu, 57.6 g/t Ag, and 0.68 g/t Au.

Project highlights follow (from North to South):

•North Showing: grab samples to 0.57% Cu, 248 g/t Ag, 57.5 g/t Au;

•Jackson Adit: grab samples to 13.6% Cu, 2,589 g/t Ag, 17.1 g/t Au;

•Chip Sample: 3.0 m of 7.03% Cu, 109 g/t Ag

•Chip Sample: 1.8 m of 3.11% Cu, 101 g/t Ag

•Chip Sample: 6.1 m of 4.32% Cu, 99 g/t Ag

•Anderson Occurrence: grab samples to 3.9% Cu, 89 g/t Ag, 2.5 g/t Au.

•Hungry Hill Mine (2 km east of main trend): 2.4 m of 17% Cu.

Qualiﬁed Person

Mr . Paul Sarjeant, P . Geo., is the qualiﬁed person for this release as deﬁned by

NaUonal Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Global Energy Metals Corporation

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

Global Energy Metals Corp. o ﬀers investment exposure to the growing

rechargeable ba^ery and electric vehicle market by building a diversi ﬁed

global por_olio of explora<on and growth-stage ba^ery mineral assets.

Global Energy Metals recognizes that the prolifera <on and growth of the

electriﬁed economy in the coming decades is underpinned by the availability

of ba^ery metals, including cobalt, nickel, copper, lithium and other raw

materials. To be part of the solu <on and respond to this electri ﬁca<on

movement, Global Energy Metals has taken a ‘consolidate, partner and invest’

approach and in doing so have assembled and are advancing a por _olio of

strategically signiﬁcant investments in ba^ery metal resources.

As demonstrated with the Company’s current copper, nickel and cobalt

projects in Canada, Australia, Norway and the United States, GEMC is

inves<ng-in, exploring and developing prospec <ve, scaleable assets in

established mining and processing jurisdic<ons in close proximity to end-use

markets. Global Energy Metals is targe<ng projects with low logis<cs and

processing risks, so that they can be fast tracked to enter the supply chain in

this cycle. The Company is also collabora <ng with industry peers to

strengthen its exposure to these cri <cal commodi<es and the associated

technologies required for a cleaner future.

Securing exposure to these cri<cal minerals powering the eMobility revolu<on

is a genera<onal investment opportunity. Global Energy Metals believe the the

<me to be part of this electriﬁca<on movement.

For Further InformaVon:

Global Energy Metals CorporaUon

#1501-128 West Pender Street

Vancouver, BC, V6B 1R8

Email: [email protected]

t. + 1 (604) 688-4219

www.globalenergymetals.com

TwiGer: @EnergyMetals | @USBaQeryMetals | @ElementMinerals

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