Global Energy Metals Corporation announced significant results have been achieved through the Ni-Cu-Co geochemical assessment of 209 rock samples collected during the 2023 field season at Werner Lake Project (Werner Lake, or the Project) located in northwestern Ontario. The results are extremely encouraging for Werner Lake and confirm the Cu-Co potential of the Project, as well as the discovery of high-grade nickel sulphide at surface. With 209 samples taken as part of the program, 12 samples exceeded grades of more than 1% cobalt or 1% copper and 3 samples returned results greater than 1% Ni.

These over-limit samples are being re-assayed with results pending. High-grade nickel sulphide (greater than 1% Ni) rock chips at Werner Lake, which has predominately been explored for cobalt and copper. Rock chips also returned high grade samples including 6.22% Cu and >1% Co.

Three surface samples exceeded grades of 1% Ni (exceeded upper detection limit) over-limit assays of these samples are pending. Additionally, more than 12 samples exceeded grades of 1% cobalt or 1% copper (exceeded upper detection limit) including individual sample results of: Sample F0015125 - 6.22% Cu and 0.5% Co; Sample F0015010 - 3.48% Cu and >1% Ni; Sample F0014501 - >1% Co and 0.2% Cu; and, Sample F0015073 - >1% Ni and 0.8% Cu. The discovery of the nickel sulphide potential will now be prioritized and targeted for the upcoming HTM drilling program scheduled to begin towards the end of September.

The HTM field team collected 209 rock samples over the course of June and July, and coupled with results from the spring ground magnetic survey, has greatly assisted in delineating the Ni-Cu-Co drill targets. These results support the systematic exploration approach that High-Tech is taking in unlocking value at Werner Lake and has encouraged the Company to explore further Nickel sulphide potential in the area. The old Gordon Lake Mine is located 3.5 km to the East of Werner Lake, which produced 1,370,285 tons averaging 0.92% Ni and 0.47% Cu1 and has existing reserves of 170,420 tonnes averaging 0.85% Ni and 0.35% Cu1.

To the west of Werner Lake is the Norpax Deposit that has a historic resource of 1,010,000 tonnes 1.2% Ni and 0.5% Cu. HTM is looking forward to building upon its current Mineral Resources Estimate (MRE) at Werner Lake which currently totals 720,000 lbs @ 0.51% Co & 0.24% Cu. HTM is actively evaluating numerous new project possibilities near Werner Lake.

It is consistently conducting thorough internal assessments of projects that align with the Company's goal of specializing in baGery metals. Of special interest are ventures that enhance the Company's involvement in the recently discovered nickel potential of Werner Lake.