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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 Marshallon May 18, 2021 7:07am
195 Views
Post# 33220441

Idaho Expansion

Idaho ExpansionIt will be interesting to see if FCC start looking for copper as well.

From their last release


The land package lies immediately to the west of the Iron Creek Project, where drilling identified some of the highest-grade copper mineralization, including 2.22% Cu over 13.4m (Figure 2; Table 1). Drilling in this area also encountered typical cobalt mineralization at depth that has not been tested along strike toward the west. Cobalt and copper mineralization follow separate trends in the west, so the West Fork property provides access to test both. A previous geophysical survey will be extended to the West Fork property to potentially trace mineralization along the westward strike extension. Bedrock mapping and geochemical surveys are also planned to cover the entire West Fork property.

Figure 1. Bedrock geology map showing Iron Creek Project and newly acquired West Fork property (CNW Group/First Cobalt Corp.)


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