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Global Energy Metals Identifies Numerous New Strong Magnetic Trends Utilizing Cutting-Edge UAV-MAG Airborne Geophysics Surveying on its Battery Minerals Project in Nevada
Global Energy Metals Corporation is pleased to announce an update regarding its unmanned airborne magnetometer survey.
Global Energy Metals Corporation (TSXV:GEMC, OTC:GBLEF, FSE:5GE1) (“Global Energy Metals”, the “Company” and/or “GEMC”) is pleased to announce an update regarding its unmanned airborne magnetometer survey on the Company’s Nevada based battery minerals project located in the Stillwater Mountain Range, approximately 150km east of the Tesla Gigafactory in Sparks, Nevada.
Interpretation of the data is ongoing but preliminary data suggests the following:
– The focus of the initial work program at Lovelock was to further evaluate the subsurface geology and identify areas for future drilling, and serve as an important resource for the creation of a 3D geological model of the nickel-copper-cobalt rich property.
– Good correlation between surface mineralization and historic IP conductors.
– The survey has identified numerous new strong magnetics trends that appear to correlate very well with historic zones of mineralisation.
– The area over the mine was covered by 50-metre line spacing to acquire detailed data for interpretation and modelling.
– Survey covers 248 line kilometers, 12.4 square kilometre area of the historically high-grade Cobalt-Nickel-Copper project.
– Further intepretation of the data is underway with results pending.
– The survey was flown by MWH Geo-Surveys International Inc. (“MWH”), a leader in the UAV space.
Commenting on the survey and its application to the overall global electrification, CEO Mitchell Smith stated the following:
“The EV market is still in its infancy worldwide, but as it continues to mature it presents a tremendous opportunity for exploration and development companies. The United States, like many other nations waking up to the need for resource sovereignty, is seeking to bolster its economic and national security by providing a scalable supply chain of critical minerals, like cobalt, to avoid dependence on competing countries for raw materials.”
“This survey aids in our understanding of a drill ready project in Nevada, home to the world’s largest battery manufacturing facility, and spotlights these projects as a potential future source of cobalt, nickel and copper that are required to produce the vast amount of raw material the EV battery and new energy economy demands.”
This first ever high-quality, detailed magnetic survey completed on the property highlights multiple zones of interest. With additional interpretation and ground truthing the survey will assist Global Energy Metals in planning and executing a targeted ground exploration program culminating in drill testing.
UAV Magnetic Survey
MWH’s UAV mag system uses a GEM GSMP-35U sensor flown under a D-RTK DJI Matrice 600 Pro hexacopter. Due to the high data capture rate, slower flight speeds and lower altitude, the magnetic data is of high accuracy and resolution. Data will be processed and presented as TMI map (PDF) & ASCII grid formats.
Figure 1. Preliminary data image for the north area of the Lovelock and Treausre box Projects.
Figure 2. Preliminary data image for the south area of the Lovelock and Treausre box Projects.
MWH Geo-Surveys International Inc.
MWH Geo-Surveys have since 1980 been exclusively conducting gravity and magnetic surveys and their related topographic surveys. They have extensive experience around the world including surveys in Argentina, Bolivia, Chad, Colombia, Cuba, Eritrea, Ethiopia, Finland, Gambia, Guatemala, Honduras, Indonesia, Iraq, Ireland, Italy, Kenya, Liberia, Madagascar, Mali, Mexico, Mongolia, Nigeria, Oman, Peru, Philippines, Senegal, Spain, Sudan, Thailand, Trinidad, Tunisia, Turkey, Yemen and Zimbabwe. Additional information can be found at www.mwhgeo.com
While the UAV magnetic survey technology is new, MWH has been a leader in developing a field proven system integrating the UAV equipment, the magnetic system and flight controlling software. Their UAV systems have been successfully utilized worldwide on numerous successful surveys consisting of more than 20,000 flown kilometers.
Mr. Paul Sarjeant, P. Geo., is the qualified person for this release as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed and verified the technical information contained herein.
(TSXV:GEMC, OTCQB:GBLEF, FSE:5GE1)
Global Energy Metals is focused on offering security of supply of cobalt, a critical material to the growing rechargeable battery market, by building a diversified global portfolio of cobalt assets including project stakes, projects and other supply sources. GEMC anticipates growing its business by acquiring project stakes in battery metals related projects with key strategic partners. Global Energy Metals now holds 100% of the Millennium Cobalt Project and two neighbouring discovery stage exploration-stage cobalt assets in Mt. Isa, Australia. It also currently owns 70% of the Werner Lake Cobalt Mine in Ontario, Canada, has an option to acquire an 85% interest in two cobalt exploration projects in Nevada, 150km East of the Tesla Gigafactory.
For Further Information:
Global Energy Metals Corporation
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
t. + 1 (604) 688-4219 extensions 236/237
Cautionary Statement on Forward-Looking Information:
Certain information in this release may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although Global Energy Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change. For more information on Global Energy and the risks and challenges of their businesses, investors should review the filings that are available at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Highlights: – Former Xstrata plc executive, Mr. Ian Woolsey, has joined Jervois as Group Manager Information Technology – Mr. Woolsey will lead the IT integration of Freeport Cobalt in Finland, Idaho Cobalt Operations in the United States and the São Miguel Paulista nickel-cobalt refinery in Brazil – Mr. Woolsey joins Jervois after more than 10 years with Glencore Xstrata where he led the IT integration of major …
– Former Xstrata plc executive, Mr. Ian Woolsey, has joined Jervois as Group Manager Information Technology (“IT”)
– Mr. Woolsey will lead the IT integration of Freeport Cobalt in Finland, Idaho Cobalt Operations in the United States and the São Miguel Paulista nickel-cobalt refinery in Brazil
– Mr. Woolsey joins Jervois after more than 10 years with Glencore Xstrata where he led the IT integration of major cross-border transactions including the Xstrata acquisition of MIM Holdings, Falconbridge and the Xstrata-Glencore merger
TheNewswire – 8 September 2021 – Jervois Global Limited (“ Jervois ” or the “ Company ”) (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) is pleased to announce Mr. Ian Woolsey has joined as Group Manager (“ GM ”) – Information Technology (“ IT ”).
Mr. Woolsey has over 30 years of global experience across IT Strategy and Planning, ERP Program Management, Chief Information Officer and Chief Technology Officer roles across the Resources and Government sectors, including a decade of CIO / IT leadership experience with Glencore Xstrata. He has a proven track record in:
– Global ERP strategy and implementation;
– IT transformational change, including post-M&A integration for rapid delivery of synergies; and
– Executive management of the IT function with significant resources and expenditure, across diverse functions, cultures, and geographies.
Mr. Woolsey joined Xstrata plc in 2003 as the Global IT Projects Manager, responsible for the implementation of standard IT infrastructure across 10 business units in 7 countries. He transitioned to Toronto, Canada in 2006, with responsibility for delivering the successful IT integration of the newly acquired Falconbridge business. In 2008, Mr Woolsey transferred to Xstrata Nickel as General Manager Business Services, where he led the successful deployment of an integrated SAP solution for Xstrata Nickel’s global operations, across 7 sites in 4 languages.
This included coverage for Xstrata’s Integrated Nickel Operations, which included the custom feed and intermediate purchasing and recycling division, Xstrata Nickel International Limited, ran by current Jervois commercial executive Mr. Klaus Wollhaf.
Mr. Woolsey returned to Australia in 2012 as General Manager Business Systems and Integration for Xstrata Coal, then led IT integration efforts across Glencore Copper following the sale of Xstrata to Glencore in 2013.
Prior to Xstrata, Ian was an Associate Partner with Accenture, working across Australia and Asia for more than a decade, and began his career with IBM Australia.
Since 2014 when he left Glencore, Mr. Woolsey has continued to focus on delivering ERP-enabled transformation initiatives for Mining and Public Sector organisations. He holds a Bachelor of Engineering (Electrical) and Master of Commerce (Economics) from the University of New South Wales, Australia.
Jervois is pleased to welcome an operating executive of Mr. Woolsey’s caliber as it implements the requisite IT systems, reporting and governance controls across its expanding portfolio of operating assets.
On behalf of Jervois Global Limited
Bryce Crocker, CEO
For further information, please contact:
Investors and analysts:
Chief Financial Officer
Mob: +61 420 582 887
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule”, “expected” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to integration of businesses into the Jervois group and certain other factors or information. Such statements represent Jervois’ current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by Jervois, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. Jervois does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2021 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia
AustralianSuper announces that it acquired 47,534,965 ordinary shares in the capital of Jervois Mining Limited on 27 October 2020 and a further 13,120,773 Shares on 3 December 2020 such that immediately following the second acquisition, AustralianSuper held a total of 108,450,700 of the issued and outstanding Shares in Jervois. The Shares were acquired pursuant to private placements by Jervois to institutional and …
AustralianSuper announces that it acquired 47,534,965 ordinary shares (“Shares”) in the capital of Jervois Mining Limited (ASX: JRV) (TSXV: JRV) (“Jervois”) on 27 October 2020 and a further 13,120,773 Shares on 3 December 2020 such that immediately following the second acquisition, AustralianSuper held a total of 108,450,700 (or approximately 13.71%) of the issued and outstanding Shares in Jervois.
The Shares were acquired pursuant to private placements by Jervois to institutional and sophisticated investors. The average purchase price per Share was AUD0.305/ CAD0.29 for an aggregate total purchase consideration of AUD18.5 million/ CAD17.6 million .
The head office of Jervois is located at Suite 508, 737 Burwood Road, Hawthorn East, Victoria , 3123, Australia .
AustralianSuper acquired the Shares for investment purposes in the normal course of its business and not with the purpose of influencing the control or direction of Jervois. AustralianSuper may in the future, subject to market conditions, make additional investments in or dispositions of Jervois’ securities for investment purposes.
This news release is issued by AustralianSuper pursuant to National Instrument 62-104 Take-Over Bids and Issuer Bids of the Canadian Securities Administrators. AustralianSuper will file a report in respect of its acquisition of Shares with the applicable securities commission or securities regulator in each Canadian jurisdiction in which Jervois is a reporting issuer. A copy of the report may be obtained from Janine Cooper (phone: +61 3 8677 3203) at Level 33/50 Lonsdale Street Melbourne , Victoria , 3000, Australia . AustralianSuper has also made the necessary disclosures on the Australian Stock Exchange (ASX).
AustralianSuper is Australia’s largest superannuation fund and is regulated by the Australian Prudential Regulation Authority. AustralianSuper manages more than A$200 billion of members’ retirement savings on behalf of more than 2.3 million members from around 333,000 businesses as at 30 November 2020 .
View original content: http://www.newswire.ca/en/releases/archive/January2021/06/c5867.html
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HIGHLIGHTS: -James May becomes Jervois’ CFO after almost 15 years in leadership roles with Rio Tinto -Mr May’s most recent role in Rio Tinto was as Interim Vice President, Sales and Marketing for the Energy & Minerals portfolio, based in Singapore -Mr May was also previously the CFO of Energy Resources of Australia Limited, an ASX-listed uranium miner, majority owned by Rio Tinto -Mr May also worked in various …
-James May becomes Jervois’ CFO after almost 15 years in leadership roles with Rio Tinto
-Mr May’s most recent role in Rio Tinto was as Interim Vice President, Sales and Marketing for the Energy & Minerals portfolio, based in Singapore
-Mr May was also previously the CFO of Energy Resources of Australia Limited, an ASX-listed uranium miner, majority owned by Rio Tinto
-Mr May also worked in various business development and finance roles with Rio Tinto and prior to that commenced his career with Deloitte in the United Kingdom
25 November 2020 – TheNewswire – Jervois Mining Limited (” Jervois ” or the ” Company “) (ASX: JRV) (TSX-V: JRV) (OTC: JRVMF) announces the appointment of James May as Chief Financial Officer (” CFO “) / Executive General Manager (” EGM “) Finance, as it advances the financing and construction of its Idaho Cobalt Operations (” ICO “) in the United States and restart of the Sao Miguel Paulista (” SMP “) refinery in Sao Paulo, Brazil .
Mr May joins Jervois with more than 20 years of experience in the global resources industry. He began his career with Deloitte in London within its energy and resources division, before joining Rio Tinto in 2006.
At Rio Tinto, Mr May spent time in a variety of global positions of increasing seniority, culminating in the role of Interim Vice President – Sales and Marketing, for the Energy and Minerals sales portfolio, based in Singapore. The role is responsible for commodity sales generating more than US$2 billion of revenue annually. Mr May was also responsible for new business initiatives and marketing projects for the portfolio, including the evaluation of commercial opportunities in lithium and other battery metals.
Prior to moving to Singapore in 2018, Mr May spent four years in Darwin as Chief Financial Officer of Energy Resources of Australia Limited, an ASX-listed uranium miner majority owned by Rio Tinto. In this role he was responsible for leadership of all finance, commercial, business development and governance activities.
Mr May also spent time in corporate roles with Rio Tinto as part of the group business development team focused on corporate strategy, M&A and related projects, and in roles with group finance.
Mr May is an outstanding executive to join Jervois, and his financial, commercial, and marketing experience will be of enormous value to the Company. He will be based in Melbourne, Australia, and will start on 1 March 2021.
Mr May will be supported by a new Group Controller, Craig Morrison. Mr Morrison is currently Group Financial Controller for an Australian agriculture business with revenues approaching A$200 million, where he oversees all finance and accounting operations. Previously, Mr Morrison was Group Financial Reporting Manager based in London, United Kingdom, for a NASDAQ-listed LNG midstream infrastructure company with a market capitalization of approximately US$1 billion. Mr Morrison will also be based in Melbourne, Australia.
From 1 March 2021, Jess Birtcher will relinquish his position as Acting CFO and pass these responsibilities to Mr May, which will allow Mr Birtcher to focus on his ICO Finance Manager role ahead of a restart of construction activities on site in Salmon, Idaho, in Q2 2021.
On behalf of Jervois Mining Limited
Bryce Crocker, CEO.
For further information, please contact:
Investors and analysts:
Chief Executive Officer
Mob: +61 420 582 887
“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”
Copyright (c) 2020 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Australia is hoping to lead the way in robotics, and these are some of the country's top robotics stocks by market cap.
Robotics is a broad term covering everything from design to the construction and operation of robots. It also includes the use of robots in roles normally played by humans, often to reduce errors or speed up processes.
This list includes a wide range of ASX-listed companies that employ robotics. Data was sourced using TradingView's stock screener on November 24, 2021, and stocks are listed in order of market cap from largest to smallest.
1. WiseTech Global (ASX:WTC)
Market cap: AU$17.19 billion; current share price: AU$52.90
Technology powerhouse WiseTech Global provides software solutions to logistics businesses in 130 countries around the world. Its CargoWise platforms are designed using workflows, automation and robotics. The WiseTech Global Group includes more than 30 businesses.
The company has performed positively on the ASX over the past year, with its share price rising about 70 percent since the start of 2021. The company expects to continue this momentum in during its 2022 fiscal year, with projected EBITDA growth of 26 to 38 percent.
2. Altium (ASX:ALU)
Market cap: AU$5.47 billion; current share price: AU$41.67
Altium is a leading global software company that focuses on 3D-printed circuit board (PCB) design. Although seemingly obscure, the PCB design tool Altium Designer is used by robotics companies like Robotics Kanti. The company also sponsors student robotics design competitions that focus on PCB design.
The 2021 fiscal year was strong for Altium, which reported a revenue increase of 6 percent, to AU$180.2 million, and announced a final dividend of AU$0.21 per share.
3. Vection Technologies (ASX:VR1)
Market cap: AU$249.49 million; current share price: AU$0.25
Vection Technologies is a multinational software company with offices in Western Australia, as well as Subiaco and Casalecchio di Reno in Italy. The company uses robotics technology in addition to 3D, virtual reality, augmented reality, industrial internet of things and CAD solutions.
The business is split into two sections: information technology development and outsourced services. The company also collaborates with Autodesk Technology Centres, the Microsoft Mixed Reality Team and Cisco Systems Italy.
4. FBR (ASX:FBR)
Market cap: AU$116.95 million; current share price: AU$0.05
FBR designs, develops and builds robots for the global construction market. The company's dynamically stabilised offerings are made to work outdoors using FBR's Dynamic Stabilisation Technology.
This technology was first used in the Hadrian X, a brick-laying robot that can build structural walls more efficiently than traditional methods and with less waste. The first commercial building to have its structural walls built by Hadrian X in 2020 was completed and tenanted in 2021.
5. Bill Identity (ASX:BID)
Market cap: AU$44.18 million; current share price: AU$0.25
Previously known as BidEnergy, Bill Identity provides a series of bill management solutions leveraged using its Robotic Process Automation (RPA). The RPA system helps clients increase their efficiency and serves customers across Australia, New Zealand, the UK, the US and Europe. The company had a strong year, with total operating revenue growth of 55 percent year-on-year to AU$14.6 million in its 2021 fiscal year.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article
Robotics is an area of investing that is growing in Australia ― but is it a sector worth investing in?
The global robotics industry is expected to grow at a compound annual growth rate of 7.8 percent through 2028 according to the Global Industrial Robotics Market Analysis 2020. Robotics is an area of investing that is growing in Australia ― but is it a sector worth investing in?
Broadly speaking, robotics is the design and construction of robots. This can include core automation and production, industrial software, robot technology and integration of robotics. From drones to self-driving cars to toys ― robotics is a growing industry that is beginning to permeate our daily lives.
The distinction between robotics and AI can be a little confusing, but essentially think of robotics like the body and AI like the brain. Both can exist separately, and they are powerful when combined. The goal of a robot is to complete a task faster and more efficiently than a human.
What does the market look like?
The COVID-19 pandemic has seen technology sectors such as robotics accelerate as businesses have faced global challenges. Robotics has been able to help keep spaces safer by replacing humans with robots on factory lines, in eCommerce warehouses or on healthcare frontlines taking temperatures or disinfecting spaces.
What is Australia doing to support the robotics sector?
In early 2020, the Robotics Australia Network was formed to accelerate growth of the domestic robotics industry. The network aims to strengthen global competitiveness and cement Australia as a global leader in robotics.
How does the Australian robotics sector stack up?
According to the International Federation of Robotics, in a ranking of the world's most automated countries it's not even in the top 10. Number one is Singapore, followed by South Korea then Japan.
The investment space for pure robotics companies is relatively small, with greater opportunities to invest in more broader technology, AI and automation stocks.
Who are the big players in robotics stocks?
Robotics stocks in Australia are companies with a strong crossover to other technology sectors like artificial intelligence and virtual reality.
Vection Technologies (ASX:VR1)
Market Cap AU$77.56 million
Vection is a multinational software company with offices in Western Australia as well as Subiaco and Casalecchio di Reno in Italy. The company uses robotics technology as well as 3D, virtual reality, augmented reality, industrial IoT and CAD solutions. The business is split into two sections: IT development and outsourced services. The company also collaborates with Autodesk Technology Centers, the Microsoft Mixed Reality Team and Cisco Systems Italy.
Bill Identity (ASX:BID)
Market Cap AU$52.97 million
Previously known as BidEnergy, Bill Identity is a series of bill management solutions leveraged using robotic process automation, which helps clients increase efficiency. The company serves customers across Australia, New Zealand, the UK, the US and Europe. Bill Identity had a strong year, with total operating revenue growth of 55 percent year-on-year to US$14.6M in FY21.
What are the other ways to invest in robotics?
Another way to get into the robotics sector is investing in robotics exchange traded funds (ETFs), a popular choice that offers exposure to the industry of robotics and artificial intelligence rather than a single company. Two major ETFs in the robotics sector are:
- BetaShares Global Robotics and Artificial Intelligence ETF (ASX:RBTZ)
- The ROBO Global Robotics and Automation ETF (ARCA:ROBO)
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article.