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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

Comment by rotten2coreon Jul 19, 2018 9:58am
109 Views
Post# 28337887

RE:News release

RE:News releaseThe Waite zone continues to be extended! This zone will not be included in the initial resource estimate due in October, however it is very encouraging to see consistent drilling success. The zones are being connected and extended nicely. Of particular interest is the very high grade copper coming out of the wait zone. Some results are well over 1% copper! Looks like they intend to have an expanded resource estimate which will include this zone in 2019. With the underground workings in the No Name zone already established, they may be targeting underground mining here, with an open pit Co/Cu open pit operation to the west. As I've said in the past, Iron Creek is a gem! GLTA
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