Fabled Silver Gold Corp T.FCO

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INN: Please tell us about First Cobalts refinery in Ontario. How will this act as a revenue stream opportunity for the company? TM: Our cobalt refinery is the only permitted cobalt refinery in North America today. In bringing it on stream as the cobalt market takes off, we can help present North American buyers with the opportunity to purchase locally-sourced cobalt. It also gives us a source of cash flow and capital that we can use to further our Iron Creek project. Recently, weve released the results of three studies on the refinery, which outlined the permitting timeline, the restarting CAPEX and engineering, and where wed source material from since were not in production ourselves. In short, were looking at an 18- to 24-month timeline to get the refinery restarted and US$25 million in capital. As for the feedstocks, there are a variety of sources we can draw from, such as battery recycling or arsenic feedstocks as were one of the only refineries in North America that can treat ores containing arsenic