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NA Proactive news snapshot: PlantX Life Inc, Mandalay Resources Corporation, Nerds On Site Inc, Mountain Valley MD Holdings Inc, First Cobalt Corp, TruTrace Technologies Inc UPDATE
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First Cobalt Corp completes its Cobalt Camp transaction with Kuya Silver
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NA Proactive news snapshot: Nerds On Site Inc, Mountain Valley MD Holdings Inc, First Cobalt Corp, TruTrace Technologies Inc UPDATE
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First Cobalt Geophysical Survey Identifies New Drill Targets at Idaho Project
First Cobalt Corp. is pleased to announce that a geophysical survey of its Iron Creek cobalt-copper deposit in Idaho, USA has identified several new drill targets. Data provides further support for a resumption of drilling to expand the Iron Creek deposit and test new targets over a 2-kilometer radius within the Property. Highlights: High chargeability zones were detected along strike of the Iron Creek cobalt-copper …
First Cobalt Corp. (TSXV: FCC) (OTCQX: FTSSF) (the “Company”) is pleased to announce that a geophysical survey of its Iron Creek cobalt-copper deposit in Idaho, USA has identified several new drill targets. Data provides further support for a resumption of drilling to expand the Iron Creek deposit and test new targets over a 2-kilometer radius within the Property.
The
First Cobalt signed multiple refinery feedstock agreements.
(Editor’s note: This report also includes coverage of grain-oriented electrical steel, or GOES.)
First Cobalt signs refinery feedstock agreements
Toronto-based First Cobalt announced Tuesday it has achieved a “key milestone” with new refinery feedstock agreements reached with
Glencore AG and
IXM SA.
The cobalt hydroxide deals will see First Cobalt receive a total of 4,500 tonnes per year beginning in 2022. The feedstock will come from Glencore’s KCC mine and
China Molybdenum Co.’s parent company of IXM SA Tenke Fungurume mine.
The agreements represent 90% of projected capacity for the Canadian refinery. Furthermore, the deals will yield “22,250 tonnes per year of battery grade cobalt sulfate,” per the company’s announcement.