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International Cobalt Corp C.BVC


Primary Symbol: C.CO

International Cobalt Corp is an exploration stage company. It operates through the Mineral properties segment. The company manages its business & exploration activities through the geographical region of Canada and the United States.


CSE:CO - Post by User

Post by Sylt1204on Jan 20, 2021 12:54pm
45 Views
Post# 32334287

1. Fly CO

1. Fly CO World Class Cobalt Area - Blackbird Creek The Blackbird mining region was home to the only cobalt mine in the USA. The project of our top pick hosts several historic cobalt deposits at once. Extensive cobalt mining took place there between 1902 and 1968. Surface samples of 0.71% cobalt over 7 metres indicate a world-class cobalt project. Drill hole DDH-70-2A with 0.4% cobalt over 7.9 metres has confirmed hopes of a high-grade cobalt project. Historical assays returned world-class cobalt concentrations of just under 2%. Top geologists believe the Blackbird Creek project has cobalt concentrations of up to 6%. Just for comparison, eCobalt Solutions (WKN A2APZ7) has cobalt mineralisation averaging 0.55%. The project is considered highly profitable according to the current economic feasibility study due to its excellent geological conditions. With the acquisition of the 4 areas, International Cobalt (WKN A2DN7F) becomes the largest land package owner in the Idaho Cobalt Belt and one of the largest cobalt explorers in North America. The gain in land area offers several new opportunities for International Cobalt (WKN A2DN7F).On the one hand, the company was able to secure promising areas where mines were already in operation and some of which are still in operation. The gain of historically recorded resource data offers the possibility to extend the already started exploration programme to these areas in order to be able to prove even larger resources. Another aspect is the proximity of the new areas to the neighbouring cobalt companies of eCobalt Solutions (WKN A2APZ7) and First Cobalt Corporation (WKN A2ASGU). Again to clarify, the Iron Creek area recently acquired by First Cobalt (WKN A2ASGU) for approximately $150 million is only 3 kilometres from the new Twin Peaks area! It is probably only a matter of time before interest in the International Cobalt (WKN A2DN7F) areas will arise.
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