공시 • Jul 15
Global Energy Metals Announces Summer Exploration Program At the Monument Peak Copper-Silver-Gold Project in Idaho, USA
Global Energy Metals announced plans for an exploraOon program during the 2021 summer field season at the Monument Peak Copper-Silver-Gold project ("Monument Peak") in Idaho, USA. The phased exploraOon program conducted by Dahrouge Geological ConsulOng USA (DGC) will commence on or before July 17th with exploraOon results released as they become available. Preliminary analysis of the summer exploraOon program will follow and lead to the preparaOon of an independent technical report. To establish the project's resource potenOal, work will include drone geophysical surveys and soil sampling, as follows: Phase 1 - Soil Sampling and Geological Reconnaissance Sampling (10-day program) Soil sampling program, 2-person crew targeOng 517 samples, Document and sample historical dumps, workings, and addiOonal outcrops, and Expand knowledge of geological units. Phase 2- Drone MagneRcs Survey and Photogrammetry: Conduct drone magneOcs survey over the enOre Monument Peak Property: 130 line km at 50 m spacing, and Data processing using Oasis Montaj sodware. Conduct high resoluOon photogrammetry survey over the enOre Monument Peak Property 95 line km, and DSM generaOon and orthoimage using DJI terra. Data collected during the summer 2021 exploraOon at Monument Peak will be uOlized to prepare an independent technical report and be used for the generaOon of drill targeOng /permigng. The Monument Peak Project consists of 69 claims covering approximately 1,380 acres (~558.5 hectares). It is an exploraOon-staged, high-grade, copper- silver-gold project, which covers two small past producing copper mines: Jackson and Hungry Hill. Sporadic development and producOon in the area occurred primarily during the early 1900's, with some addiOonal development in the 1950's. The most recent exploraOon occurred during the 1970's and 1980's. Mitchel (1972) described the Cu-Ag-Au mineralizaOon at Monument as having "unusual conOnuity" in associaOon with structural zones within sericiOc quartzites, which can be traced along 3,200 m strike that vary from 3 to 6 m width. The mineralizaOon is described (Lavery, 1988) as "syngeneOc and fits a volcanic-hosted (massive) sulfide model . where . the copper-mineralized secOon might be as much as 175 feet thick". A previous program undertaken by DGC in 2020, included the collecOon of 56 rock samples to confirm historic results, as announced in a previous news release dated April 27, 2021. The field work confirmed both the presence of significant Cu, Ag mineralizaOon, but also the presence of significant gold mineralizaOon. The samples were collected from three main areas over 3,200 m strike and from the separate Hungry Hill Mine; the arithmeOc 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. Field crews visited four known mineral occurrences (Jackson/Baker, Hungry Hill Mine, Anderson and North Showing) and confirmed the high-grade Cu-Ag (+/- Au) mineralizaOon at all locaOons. Outcrop is sparse throughout the property and commonly only exposed by historic workings. Observed mineralizaOon style and grade is similar across all showings, with notably higher copper 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.