Global Energy Metals Corporation (TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1), a critical mineral exploration company, has announced significant results from recent diamond drilling at the Millennium Project in northwest Queensland, Australia. These results, solely funded by joint venture partner Metal Bank Limited (MBK), include high-grade graphite intervals.

Millennium Project High-Grade Graphite Results

High-grade graphite was discovered from drill hole MI24DD001, with notable intervals:

• 2.6m @ 19.2% TGC from 168.4m
• 5.8m @ 17.4% TGC from 180m
• 3.8m @ 17.6% TGC from 188m

Graphite mineralization extends over 2km of strike, and further sampling and assay programs are in progress.

Drilling Highlights

All drill holes intersected varying levels of sulphide mineralization, including chalcopyrite (copper) and cobaltite (cobalt). Due to growing corporate interest, a data room has been established for the project.

CEO’s Statement

Mitchell Smith, CEO & President, stated: “These initial results are encouraging and highlight large-scale graphite targets adjacent to the established cobalt-copper-gold resource at Millennium. Metal Bank is re-assaying samples for graphite to assess resource potential. The Millennium project has attracted significant corporate interest.”

Drilling Details

Three diamond drill holes (384m) were completed in June. Drilling targeted resource extensions in the central zone and tested the Fountain Range-Quamby Fault Zone. MI24DD01 intersected graphitic metasediment unit, revealing high-grade graphite. Other significant results include:

• 23m @ 0.32% Cu and 0.09% Co from 156m (MI22RD03)

Geological Context

Graphite at Millennium is associated with metamorphosed carbonaceous sediments near mafic units and siliceous sediments. Graphite intersections extend over a total strike length of more than 2km north and south.

Strategic Location and Future Plans

Millennium is strategically located between other NW QLD graphite projects. The geology matches nearby deposits like Corella and Burke. Metallurgical tests on these deposits show high-grade concentrate suitable for battery manufacturing.

Global Energy Metals Corporation aims to extract maximum value from its Australian assets. Growing graphite demand, driven by the electric vehicle battery sector, underscores the project’s significance. The company plans further surface mapping, sampling, and low-cost re-assaying to unlock additional graphite potential.

Qualified Person: Mr. Paul Sarjeant, P. Geo., a shareholder and Director of the Company.

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