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Metal Energy Corp. (TSXV: MERG, OTCQB: MEEEF)
Metal Energy Corp.’s focus is exploration and development of critical raw materials for the modern “electrification-of-things” industry, such as electric vehicles and renewable energies. The Company has recently acquired the SourceRock lithium brine project in Ontario, the first of its kind.
SourceRock differs from other brine deposits in that the rocks and fluids are over 1 billion years old, providing ample timeframe for Li concentration within brines. A “proof-of-concept” drill program is planned before year end 2023. The Company’s second project is high-grade nickel within the Thompson Nickel Belt, Manitoba. Metal Energy completed 12,500 metres of diamond drilling in 2022: all drill holes intersected Ni sulphide mineralization, including highlights such as 36.55 m of 1.13% Ni(eq), 68.55 m of 0.82% Ni(eq), and 85.3 m of 0.67% Ni(eq).
James Sykes
CEO
James Sykes, Metal Energy Corp.’s CEO, is a serially successful explorationist, with having been directly and indirectly involved with the discovery of over 550 M lbs. of U3O8 in the Athabasca Basin area of northern Saskatchewan. He is currently the CEO, President and Director of Baselode Energy Corp., which has just made a recent and new high-grade uranium discovery: ACKIO. He has worked in rare earth element exploration, having discovered a number of high-grade REE zones in northern Saskatchewan, a role that led him to become familiar with the growing metal demands required to meet the electric vehicle renaissance, and develop connections with EV-metal interested parties in the USA, Europe, and Asia.
TSXV: MERG, OTCQB: MEEEF