Global Energy Metals Enters Into Option Agreement to Advance the Monument Peak Silver Copper Gold Project, Idaho

Global Energy Metals entered a four-year option agreement (dated April 24, 2026) with Grounded People Apparel to advance the Monument Peak silver–copper–gold project in Idaho. Grounded can earn 100% of the project through staged cash ($650,000), equity ($750,000 in shares) and at least $250,000 in first-year exploration spending; GEMC retains a 1.0% NSR royalty with the option for Grounded to buy back half of it for $1.0M (pre-5th anniversary) or $2.0M (on/after year five). The deal is positioned as non-dilutive for GEMC and preserves upside via royalty and board nomination rights. Market impact: modestly bullish — it preserves GEMC’s silver exposure (XAGUSD) and funds near-term exploration, but is unlikely to move broader silver prices materially.