GEMC.V · 2021-04-27 12:00:00

Powered BY Cobalt … Driven BY Demand Global Energy Metals Receives Results from Idaho-Based Monument PEAK Project Confirming Presence of Significant Copper, Silver and GOLD Mineralization

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GLOBAL ENERGY METALS RECEIVES RESULTS FROM IDAHO-BASED

MONUMENT PEAK PROJECT CONFIRMING PRESENCE OF

SIGNIFICANT COPPER, SILVER AND GOLD MINERALIZATION

Vancouver, BC / TheNewswire / April 27, 2021 / Global Energy Metals

CorporaIon TSXV:GEMC | OTC:GBLEF | FSE:5GE1 (“Global Energy Metals” ,

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

exposure to the ba5ery metals supply chain, is pleased to announce results of

the 2020 surface sampling program at the Monument Peak copper-silver-gold

Project (“Monument Peak”), located in Lemhi County, Idaho, United States.

The Monument Peak Project consists of 69 claims covering approximately

1,380 acres (approximately 558.5 hectares). It is an exploraPon-stage, high-

grade, copper-silver-gold project, which covers two past-producing copper

mines: Jackson and Hungry Hill. Past work on the project from the early

1900s through the 1980s idenPﬁed signiﬁcant copper, silver mineralizaPon

along a 3,200 m trend that is generally from 3 to 6 m thick, but locally report-

ed to be as much as 53 m across.

The fall 2020 program, undertaken by DG Resource Management Ltd., includ-

ed the collecPon of 56 rock samples to conﬁrm historic results. The ﬁeld work

conﬁrmed both the presence of signiﬁcant Cu, Ag mineralizaPon, but also the

presence of gold mineralizaPon.

Highlights are as follows:

•A total of 56 rock samples from three main areas over 3,200 m strike

and from the separate Hungry Hill Mine, and

•ArithmePc average of all grab samples 2.34% Cu, 57.6 g/t Ag, 0.68 g/t

Au.

Field crews visited four known mineral occurrences (Jackson/Baker, Hungry

Hill Mine, Anderson and North Showing) and conﬁrmed the high-grade Cu-Ag

(+/- Au) mineralizaPon at all locaPons. Outcrop is sparse throughout the

property and commonly only exposed by historic workings. Observed mineral-

izaPon style and grade is similar across all showings, with notably higher cop-

per grades (up to 20.9% Cu) at Hungry Hill, while the North Showing had the

highest gold values (up to 11.4 g/t Au). High grades of silver (greater than 80

g/t Ag) were associated with all mineral occurrences.

Sample results are summarized in Table 1 and highlighted below:

•North Showing: caved adit with abundant copper oxide staining

around adit portal;

•Baker/Jackson: several large trenches (to 50 m length); open adit of

unknown length within folded schists and quartzites, abundant cop-

per oxide staining, hemaPte and quartz veins;

•Anderson Showing: numerous trenches and pits; and

•Hungry Hill Mine: Two adits with road to base, historical mine cart

system. Abundant bornite/quartz veins occur within sheared chlorit-

ic schists at adit portal.

MineralizaPon is primarily hosted by quartzites, phyllites and schists of the

Precambrian Belt Series and is associated with copper oxide stain, hemaPte

and quartz veins.

Figure 1 – 2020 Rock Sample ID’s

Table 1 – Notable Results for the 2020 Rock Samples

ID EasRng Northing Zone Cu (%) Ag (ppm) Au (ppm) Sample

Source Sample Type Showing

147851 285820 5012013 12 1.81 20.1 2.300 Boulder Grab North

147853 285901 5011969 12 0.41 3.8 0.206 Outcrop Grab North

147855 285911 5011983 12 0.43 9.0 0.460 Boulder Grab North

147856 285908 5011986 12 1.19 79.5 11.40 Boulder Grab North

147857 286217 5010754 12 3.80 27.5 0.388 Boulder Grab Baker/Jackson

147858 286206 5010753 12 7.09 84.8 0.330 Boulder Grab Baker/Jackson

147859 286206 5010755 12 2.36 3.8 0.144 Boulder Grab Baker/Jackson

147860 286260 5010719 12 0.45 11.1 0.043 Boulder Grab Baker/Jackson

147861 286260 5010720 12 6.92 106.0 0.599 Boulder Grab Baker/Jackson

147862 286259 5010719 12 7.19 108.0 0.452 Boulder Chip Baker/Jackson

147863 286211 5010655 12 3.86 23.6 0.137 Boulder Grab Baker/Jackson

147864 286201 5010579 12 2.43 19.7 0.220 Outcrop Grab Baker/Jackson

147865 286205 5010572 12 10.80 163.0 1.510 Boulder Grab Baker/Jackson

147866 286204 5010575 12 1.26 18.0 0.059 Boulder Grab Baker/Jackson

147867 286149 5010597 12 0.70 324.0 0.920 Boulder Grab Baker/Jackson

147868 286150 5010598 12 2.98 4.7 1.650 Boulder Grab Baker/Jackson

147871 289399 5008544 12 0.28 17.7 0.130 Boulder Grab Hungry Hill

147879 285912 5011927 12 0.58 12.1 0.258 Boulder Grab North

147882 285908 5011987 12 1.10 16.7 1.460 Outcrop Grab North

147884 286208 5010745 12 7.24 71.1 2.190 Boulder Grab Baker/Jackson

147885 286206 5010745 12 0.51 3.4 0.025 Boulder Grab Baker/Jackson

147886 286253 5010710 12 5.94 187.0 2.020 Boulder Grab Baker/Jackson

147887 286253 5010710 12 0.70 9.7 0.050 Outcrop Grab Baker/Jackson

147889 286210 5010578 12 0.46 7.1 0.039 Outcrop Grab Baker/Jackson

147890 286210 5010577 12 1.10 28.0 0.921 Outcrop Grab Baker/Jackson

147891 286211 5010582 12 0.49 2.5 0.023 Boulder Grab Baker/Jackson

147892 286146 5010592 12 6.16 133.0 0.487 Boulder Grab Baker/Jackson

147893 286229 5010480 12 1.17 883.0 2.280 Boulder Composite Baker/Jackson

Mitchell Smith, President & CEO, comments:

"The ongoing consolidaAon of strategically located baCery metals projects has

allowed Global Energy Metals to establish itself as a dominant holder of highly

prospecAve criAcal metals projects with strong exploraAon and development

upside.

Early exploraAon of Monument Peak has shown not only excepAonally high

grades of copper, which will be needed for the US’s domesAc supply to conAn-

ue the electriﬁcaAon of their transportaAon system, but also signiﬁcant con-

centraAons of gold and silver."

The company is currently planning for addiPonal spring/summer reconnais-

sance exploraPon at Monument Peak, which will include the complePon of a

NI 43-101 compliant technical report, and which is intended to provide rec-

ommendaPons for an aggressive summer/fall drill program.

Quality assurance/quality control

All rock samples collected (grab) as well as quartz blanks and cerPﬁed refer-

ence materials were shipped by ground to AcPvaPon Laboratories Ltd. in Kam-

loops, B.C., for mulP-element analysis (including silver) by aqua regia diges-

Pon with ICP-OES ﬁnish (code 1E3) and gold analysis by ﬁre assay with AA ﬁn-

ish (package 1A2B-50). Over-limit results for gold, silver, copper, lead and zinc

were determined by the relevant analyPcal package.

Management cauPons that prospecPng surface rock sample assays, as pre-

sented herein, are selecPve by nature and represent a point loca Pon and

therefore may not necessarily be fully representaPve of the mineralized hori-

zon sampled.

147894 289753 5009086 12 0.59 2.7 0.093 Outcrop Grab Hungry Hill

147895 289751 5009248 12 1.80 36.0 0.260 Boulder Grab Hungry Hill

147896 289750 5009247 12 2.37 2.9 0.011 Boulder Grab Hungry Hill

147897 289767 5009247 12 20.90 305.0 0.873 Outcrop Grab Hungry Hill

147898 289768 5009246 12 3.23 90.0 0.266 Outcrop Grab Hungry Hill

147899 289768 5009250 12 16.50 307.0 0.006 Outcrop Grab Hungry Hill

147903 286887 5009235 12 2.96 18.5 1.900 Boulder Grab Anderson

147904 286882 5009236 12 2.51 131.0 2.600 Boulder Grab Anderson

147905 287075 5009156 12 1.84 46.4 2.100 Outcrop Grab Anderson

147906 287082 5009145 12 1.61 1.7 0.171 Boulder Grab Anderson

ID EasRng Northing Zone Cu (%) Ag (ppm) Au (ppm) Sample

Source Sample Type Showing

Figure 2 North Zone - 1.19% Cu, 79.5 g/t Ag, 11.4 g/t Au

Figure 3 Baker Zone - 0.70% Cu, 324 g/t Ag, 0.92 g/t Au

Figure 4 Baker Zone - 1.17% Cu, 883 g/t Ag, 2.28 g/t Au

Figure 5 Hungry Hill - 20.90% Cu, 305 g/t Ag, 0.87 g/t Au

Qualiﬁed Persons

Jody Dahrouge, BSc, P . Geo., President of DG Resource Management and a

qualiﬁed person as deﬁned by NI 43-101, supervised the preparaRon of the

technical informaRon in this news release.

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

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

Global Energy Metals Corporation

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

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

rechargeable baCery and electric vehicle market by building a diversi ﬁed

global por_olio of exploraAon and growth-stage baCery mineral assets.

Global Energy Metals recognizes that the prolifera Aon and growth of the

electriﬁed economy in the coming decades is underpinned by the availability

of baCery metals, including cobalt, nickel, copper, lithium and other raw

materials. To be part of the solu Aon and respond to this electri ﬁcaAon

movement, Global Energy 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 baCery metal resources.

As demonstrated with our current copper, nickel and cobalt projects in

Canada, Australia, Norway and the United States, we’re invesAng-in, exploring

and developing prospecAve, scaleable assets in established mining and

processing jurisdicAons in close proximity to end-use markets. We’re targeAng

projects with low logisAcs and processing risks, so that they can be fast

tracked to enter the supply chain in this cycle. We’re also collaboraAng with

industry peers to strengthen our exposure to these criAcal commodiAes and

the associated technologies required for a cleaner future.

Securing exposure to these criAcal minerals powering the eMobility revoluAon

is a generaAonal investment opportunity. We believe the the Ame to be part of

this electriﬁcaAon movement.

For Further Informa[on:

Global Energy Metals CorporaPon

#1501-128 West Pender Street

Vancouver, BC, V6B 1R8

Email: [email protected]

t. + 1 (604) 688-4219

www.globalenergymetals.com

Twi5er: @EnergyMetals | @USBaGeryMetals | @ElementMinerals

Cau[onary Statement on Forward-Looking Informa[on:

Certain informaAon in this release may consAtute forward-looking statements

under applicable securiAes laws and necessarily involve risks associated with

regulatory approvals and Amelines. Although Global Energy Metals believes

the expectaAons expressed in such forward-looking statements are based on

reasonable assumpAons, 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 obliga Aon to update these forward-looking

statements in the event that management’s beliefs, esAmates or opinions, or

other factors, should change.

GEMC’s operaAons 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 operaAons and the ability of others to meet

their obligaAons, including uncertainAes relaAng to the ulAmate geographic

spread of the virus, the severity of the disease, the duraAon of the outbreak,

and the length of travel and quaranAne restricAons imposed by governments

of aﬀected countries. In addiAon, a signiﬁcant outbreak of contagious diseases

in the human populaAon could result in a widespread health crisis that could

adversely aﬀect the economies and ﬁnancial markets of many countries,

resulAng in an economic downturn that could further aﬀect operaAons and

the ability to ﬁnance its operaAons.

For more informaAon on Global Energy and the risks and challenges of their

businesses, investors should review the ﬁlings that are available at

www.sedar.com.

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term is deﬁned in the policies of the TSX Venture Exchange) accepts

responsibility for the adequacy or accuracy of this release.

We seek safe harbour.

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