A battery metals explorer to fortify the North American supply chain

Metal Energy is undertaking this exploration work from a well-funded position, with $4,317,092 in cash and minimal liabilities as of June 30, 2022 [Open in your browser]( [Investor Alert] [Stockhouse.com]( A battery metals explorer to fortify the North American supply chain --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( battery metals explorer to fortify the North American supply chain) [LinkedIn]( [Email](mailto:?subject=A battery metals explorer to fortify the North American supply chain&body= Trevor Abes, The Market Herald According to IFP Energies Nouvelles, a major energy and environment researcher, electric vehicle (EV) demand could lead to a fourfold increase in annual nickel demand by 2050. This is because nickel, historically used to make stainless steel, has become a preferred chemical feed to produce cathodes for lithium-ion (Li-ion) batteries, which power the latest-generation EVs. Nickel offers Li-ion batteries the greatest possible storage capacity and energy density while being highly cost-effective. In other words, the metal delivers a longer range for vehicles with a battery that is both smaller and lighter. As environmental consciousness spreads across the globe, ongoing advances in Nickel Cobalt Aluminum, Nickel Manganese Cobalt, and Li-ion batteries mean nickel is set to play a pivotal role in energy storage systems, including intermittent sources such as wind and solar. That said, according to IFP, securing high-purity nickel to meet EV demand alone will require new mining sites, as well as additional production capacity, because discoveries of class-1 nickel sulphide deposits were less significant than their lower-quality laterite counterparts over the last 20 years. The metal's price – up over 90 % over the past five years to approximately US$23,400 per tonne – has also been extremely volatile, which discouraged investment. EV sales reached a high of 6.6 million in 2021, or 9 % of overall new vehicle sales, which is almost double 2020's figure, bringing total EVs on the road to 16.5 million. According to the International Energy Agency, EV sales in 2022 will rise to a 13 % global share, which sets a pace in line with a 2050 net zero emissions scenario. Copper is facing a similar supply crunch, with an EV requiring 2.5x more copper than an internal combustion vehicle for wiring, inverters and motor construction. Wood Mackenzie estimates a 12x increase in demand by 2050, which could make the metal a potential rival for oil as an energy security concern. Additionally, current planned and existing global production falls short of supplying the 27 million EVs S&P Global forecasts to be sold annually by 2030. This sets the stage for nickel, copper and other battery metal companies to create shareholder value by securing reliable domestic supplies for the electrification revolution. One such company, Metal Energy ([TSXV:MERG]( is advancing a highly prospective project in a politically stable Canadian jurisdiction, which also happens to be one of the richest nickel districts in the world. [SEE COMPANY PROFILE]( Manibridge The flagship Manibridge project – located in Manitoba's Thompson Nickel Belt – spans 4,368 ha over 19 claims in the shadow of a world-class nickel, copper and cobalt deposit. The deposit is backed by historical production from Falconbridge of 1.3 million tonnes grading 2.55 % nickel and 0.27 % copper to a depth of 381 m (1971-1977). Manibridge is also 20 km from Wabowden, which offers significant infrastructure, including talent, machinery, logistics support, and year-round highway and rail access. Phase 2 of Metal Energy's ongoing 10,000 m, 33-hole drill program at Manibridge has targeted high-grade, high-tenor sulphide nickel zones 300-600 m from the past-producing mine. The company drilled 5,331 m over 19 drill holes (MNB007 to MNB025) between June 6 and July 28, 2022, with drill hole depths averaging between 225 m and 400 m. All 16 drill holes that intersected bedrock also intersected Ni-Cu-Co sulphide mineralization, with sulphide-rich lithostratigraphy ranging from 1 m thick (MNB018) to 55 m thick (MNB015) at an average of over 15 m. While 14 drill holes intersected two or more zones of Ni-Cu-Co sulphides, all drill holes showed evidence of sulphide mineralization. Selected historic and recent drill intersections at Manibridge Results to date illustrate the potential for numerous multi-million-tonne deposits, with the company permitted for 100,000 m of diamond drilling over the next three years. It plans to drill 40,000 m in 2023 with the intention of establishing an NI 43-101 resource by year-end. Metal Energy is undertaking this exploration work from a well-funded position, with $4,317,092 in cash and minimal liabilities as of June 30, 2022. It currently owns 70 % of Manibridge and expects to earn the remaining 30 % from CanAlaska Uranium (TSXV:CVV) by the end of 2022. "Combined with [the six drill holes from the winter program]( we have a 100 % nickel sulphide intersection success rate in all of our completed drill holes at Manibridge. We've drilled wide- and tight-spaced drill holes across a 1 km strike length and as deep as 700 m," stated James Sykes, Metal Energy's CEO, who brings over 15 years of experience in exploration and discovery. "We are excited to renew our phase 2 drill program and complete the remaining 4,669 m as we progress southwest along this fertile corridor towards the old mine workings," he added. Massive net-textured and brecciated sulphides (MNB001 at 269 m depth) from phase 1 exploration at Manibridge. With battery metal demand at the start of an exponential era of growth, investors stand to benefit from exposure to companies with ample upside potential and the infrastructure and expertise to develop it into reality. Given the breadth of Metal Energy's offering, the company clearly fits the bill on all counts, finding itself poised to ride the global investment shift away from fossil fuels toward environmental stewardship by actively contributing to a greener future. [INVESTOR UPDATES]( Investment case According to IFP, Canada contributed 6.1 % of global nickel production (150,000 tonnes) while housing 3 % of reserves (2,800,000 tonnes) in 2020, with U.S. figures coming in at 0.6 % (16,000 tonnes) and 0.1 % (100,000 tonnes), respectively. According to National Resources Canada, the country was responsible for 2.9 % of global copper production (570,000 tonnes) in 2020, with the U.S. accounting for 6 % (1.2 billion tonnes). With these national outputs in mind, an economic discovery from Metal Energy's potentially multi-million tonne, district-scale exploration project could play a leading role in North American emissions reduction while offering the possibility of outsized returns. Participating in this option on the green transition comes at a value-conscious entry point since growing recessionary fears have driven the stock to an all-time low, just as the company announced an [OTCQB listing]( to expand its presence in the U.S. market. Given how Metal Energy's market cap roughly matches its cash in the bank, this means investors gain a stake in Manibridge essentially for free. Such a discount, far from the norm in the age of large-cap tech stocks, represents a generational opportunity to partake from the ground floor in what amounts to the next industrial revolution, one where trillions of dollars of investment will be required to reduce carbon use to sustainable levels. And the institutions and individual investors behind those trillions, no longer interested in profits at the expense of the environment, will doubtlessly reserve their allocations for companies on the right side of history, for whom sustainability is inseparable from the bottom line. With its success tied to a healthier planet, Metal Energy finds itself in this differentiated position. Considering nickel and copper's unique roles in EV technology and the dominance of Li-ion batteries in the EV marketplace, the company holds all the elements of a blue-sky opportunity, one where every investment can both accelerate emissions reduction and profit from it as production at Manibridge grows increasingly worthwhile. [VIEW COMPANY WEBSITE]( FULL DISCLOSURE: This is a paid article of The Market Herald. --------------------------------------------------------------- [stockhouse]( Stockhouse Publishing Ltd. 1100 – 609 West Hastings Street | Vancouver | BC | V6B 4W4 | CA [Unsubscribe]( | [Manage Preferences]( [Facebook]( [Twitter]( [LinkedIn]( This email was sent to you by Stockhouse Publishing Ltd. because you consented to receive messages from us. You may manage your subscription preferences at any time. You may contact our email compliance officer at compliance@stockhouse.com The advertiser featured in this Stockhouse Publishing Ltd. Alert has paid a fee in cash not exceeding $5,000 to have their corporate information featured. The information shown is solely the responsibility of the advertiser [Metal Energy], not Stockhouse Publishing Ltd, whose only function was as a supplier of media facilities. 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