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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.


TSXV:ELBM - Post by User

Post by Goldfatheron Oct 24, 2017 8:48am
93 Views
Post# 26849178

NEWS

NEWS

First Cobalt Commences Exploration on Cobalt One and CobalTech Properties

TORONTO, ON — (October 24, 2017) – First Cobalt Corp. (TSX-V: FCC, OTCQB: FTSSF) (the “Company”) announces the commencement of prospecting and structural mapping on properties owned by Cobalt One Ltd. (ASX: CO1) and CobalTech Mining Inc. (TSX-V: CSK), the results of which will be used to plan a winter drill program for the consolidated land package in Ontario, Canada.

Highlights

  • Cobalt One and CobalTech have provided property access to First Cobalt’s exploration team in anticipation of the merger completion
  • Prospecting targets include Caswell, Ophir and Silver Banner, which are known to be cobalt-rich, along with several mines in the Kerr Lake and Maiden Lake areas

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