Explorer looks to ‘next-step’ options for cobalt projects
Global Energy Metals says it is weighing up 'next-step options', including new strategic partnerships, to advance its portfolio of copper-cobalt-gold projects in North-West Queensland.
It comes as it continues to work towards a royalty sale to Electric Royalties after receiving Australian Financial Investment Review Board approval.
Global Energy Metals has established tenement holdings totalling 2560ha across the Mount Isa and Cloncurry district through subsidiary Element Minerals Australia, including properties with significant cobalt exploration potential.
Key assets include the Millennium, Mount Dorothy and Cobalt Ridge projects.
In a project update, the company said exploration to date had. . .
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