Aug 21, 2018

Millennium cobalt under the microscope

Millennium cobalt under the microscope

Global Energy Metals has engaged ALS Metallurgy to perform mineralogical, comminution and metallurgical test work on drill core samples from the Millennium cobalt project in north-west Queensland.

The testing builds on preliminary hydrometallurgical studies that demonstrated the potential for the recovery of saleable cobalt and copper concentrates, the company said.

“Commencing the metallurgical program following the very successful first phase confirmation drill program gives us a solid head start on understanding of the deposit’s metallurgical properties and economic potential for a future feasibility study,” Global Energy Metals Corp president and chief executive Mitchell Smith said.

“We are excited to be partnering with an experienced and well-seasoned team of professionals, in ALS Metallurgy, who have a unique expertise in cobalt deposits.”

Previous work has included 1141m of drilling aimed to test the up-dip continuity at the Millennium North deposit and confirm historical estimates of cobalt mineralisation reported in 2016 by partner Hammer Metals.

GEMC entered into a binding agreement in June to acquire Hammer Metals’ stake in the Millennium asset and Mount Isa Projects to hold 100 per cent.

 

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