Sampling Program At The Lovelock Project

VANCOUVER - Global Energy Metals Corporation reported on its Nevada based Lovelock project. Initial AI assessment resulted in discovery of several new areas. There has been successfully identified strong nickel, cobalt, copper and silver showings within the property boundaries. Evidence has been presented for other mineralized zones outside the property boundary. Sampled target areas produced promising results with new areas identified. Results of this initial field work at the Project are encouraging and additional work is warranted.

A total of 40 samples were collected, with the focus being on target areas previously identified. The primary objectives of the program were to confirm locations of historical mining/ exploration, perform an initial assessment of the proposed lithologies and structures on the property, and to determine target areas for future mineral exploration. Highlighted analytical results from 8 different locations.

The results of this initial field work at the Lovelock Property are encouraging and additional exploration is recommended. Roughly half of the sampled Goldspot target areas produced promising results. The next phase of work should include detailed geologic and structural mapping over the Property’s extent, and a systematic rock and soil sampling program across more focused target areas delineated during this program and results derived during geologic and structural mapping.

The 2022 sampling of the Lovelock Property was successful in identifying existing nickel, cobalt, copper and silver showings within the property boundaries, as well as identifying potential mineralized trends along proposed faults and lithologic contacts. The fieldwork focused on identifying mineralized host rocks and delineating potential mineralized structures. Although fieldwork produced some strong results, a large part of the property remains to be prospected. It is recommended that future field work include detailed geologic mapping and accurate structural measurements of this proposed structure, with further sampling focused along the strike length of the faulting in that area. Also that future work continue to delineate the extent of mineralization along structures within the HMC intrusives. Areas with notable oxidation and strong alteration should be carefully mapped, and the ore-fluid containing structures identified. Sampling along the strike length of these structures throughout the Property would be the next phase of field exploration and sampling. The northeastern extent of the property, especially along the strike length of the mineralized fault zone, will need to be visited and sampled.

There is evidence for other mineralized zones outside the Property boundary. Most of the work conducted in the 2022 field program was focused on historical workings and on the delineated structure-contact targets identified by Goldspot. It is recommended additional mapping and prospecting is conducted within and beyond the limits of the current claim boundary along strike of the main structure, in order to better understand the controls on mineralization. Once surface extents and detailed mapping are completed and assessed, the next phase would be to develop a drill program to test the depth of mineralization at the unconformity contact, explore for mineralization not exposed at surface, and develop a structural framework of the mineralized fault systems.