Cobalt mining

ALX Resources Corp. Provides Exploration Update for Saskatchewan and Ontario Projects

Wednesday, May 12, 2021 - 12:30pm

ALX\'s inaugural 2021 drilling successfully intersected the targeted Broken Hammer Shear Zone, which is known to be prospective for high-grade gold mineralization.

Key Points: 
  • ALX\'s inaugural 2021 drilling successfully intersected the targeted Broken Hammer Shear Zone, which is known to be prospective for high-grade gold mineralization.
  • The receipt of drill results is taking longer than expected due to high processing volumes and pandemic-related delays at the laboratory.
  • Electra is prospective for nickel, copper and cobalt ("Ni-Cu-Co"), platinum group elements ("PGEs") and gold mineralization.
  • Forward-looking statements in this news release include references to ALX\'s exploration projects, prospective for minerals, and the Company\'s plans to undertake exploration activities at its projects.

Eddy Adds M&A Specialist to the Board of Directors

Wednesday, May 12, 2021 - 1:00pm

On behalf of the board and management, we all look forward to working with Gordon in creating additional value in EDDY.

Key Points: 
  • On behalf of the board and management, we all look forward to working with Gordon in creating additional value in EDDY.
  • His capital markets expertise and M&A experience will be invaluable as we build out a corporate theme in the energy metals segment.
  • Edison Cobalt Corp.\'s acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential.
  • The Company intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.\nOn behalf of the Board of Directors:\n'

Battery Mineral Resources McAra Resource - Metallurgical Sample Assays Yield High Grade Cobalt

Monday, May 10, 2021 - 1:30pm

DST concluded that the McAra high grade material could be treated as cobalt concentrate and that pyrolysis could remove 99% of the arsenic, with no cobalt loss and a 20% mass loss to generate a calcine product containing about 10% cobalt,

Key Points: 
  • DST concluded that the McAra high grade material could be treated as cobalt concentrate and that pyrolysis could remove 99% of the arsenic, with no cobalt loss and a 20% mass loss to generate a calcine product containing about 10% cobalt,
  • We are looking forward continuing our cobalt drilling program, not only at McAra but throughout our significant land holdings in the greater cobalt embayment.
  • "\nThe McAra mineral resource is located 100 kilometers ("km") northeast of Sudbury, Ontario and about 30 km southeast of the town of Shining Tree (Figure 1).
  • Battery is engaged in the discovery, acquisition, and development of battery metals (cobalt, lithium, graphite, nickel & copper), in North America and South Korea.

Grizzly Increases Holdings by 30% Focusing on New Geophysical Targets at Its Robocop Copper-Cobalt-Silver Property

Tuesday, May 4, 2021 - 1:30pm

The additional acreage is shown in Figure 1 below and brings the total property land holdings to 3,663 hectares (9,053 acres).

Key Points: 
  • The additional acreage is shown in Figure 1 below and brings the total property land holdings to 3,663 hectares (9,053 acres).
  • The survey further indicates that historical drilling on the property, which returned promising grades of Copper, Cobalt and Silver, was concentrated on the periphery of the recently identified EM targets are located.
  • We are looking forward to targeting the heart of these anomalies with our 2021 exploration program.
  • Further integration of the geophysical interpretation with the geological model is ongoing and is required prior to commencing additional ground work.

Edison Arranges Private Placements

Friday, April 30, 2021 - 9:29pm

b'Vancouver, British Columbia--(Newsfile Corp. - April 30, 2021) - Edison Cobalt Corp (TSXV: EDDY) ("Edison Cobalt" or the "Company") is pleased to announce it has arranged non-brokered private placements of 2,006,000 flow-through common shares (the "FT Units") at a price of $0.18 per Flow-Through Share, for gross proceeds of $361,080 and 19,878,000 non-flow-through units (the "non FT Units") at a price of $0.135 per Unit, for gross proceeds of $2,683,530.\nEach FT unit will consist of one common share and one warrant.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - April 30, 2021) - Edison Cobalt Corp (TSXV: EDDY) ("Edison Cobalt" or the "Company") is pleased to announce it has arranged non-brokered private placements of 2,006,000 flow-through common shares (the "FT Units") at a price of $0.18 per Flow-Through Share, for gross proceeds of $361,080 and 19,878,000 non-flow-through units (the "non FT Units") at a price of $0.135 per Unit, for gross proceeds of $2,683,530.\nEach FT unit will consist of one common share and one warrant.
  • The closing of the private placement is subject to TSX Venture Exchange approval.\nEdison Cobalt Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals.
  • Edison Cobalt Corp.\'s acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential.
  • The Company is looking to build a portfolio of quality assets capable of supplying critical materials to the battery industry.

Cobalt Blockchain Receives Claim for Entitlement to Payments from Former Contractor

Wednesday, April 28, 2021 - 1:52pm

b'Toronto, Ontario--(Newsfile Corp. - April 28, 2021) - Cobalt Blockchain Inc. (TSXV: COBC) (OTC Pink: COBCF) ("COBC" or the "Company") yesterday received correspondence on behalf of a former independent contractor claiming an entitlement to payment of outstanding "salary" and expenses of US$329,000, 300,000 common shares of the Company and payment in respect of the termination of their services.

Key Points: 
  • b'Toronto, Ontario--(Newsfile Corp. - April 28, 2021) - Cobalt Blockchain Inc. (TSXV: COBC) (OTC Pink: COBCF) ("COBC" or the "Company") yesterday received correspondence on behalf of a former independent contractor claiming an entitlement to payment of outstanding "salary" and expenses of US$329,000, 300,000 common shares of the Company and payment in respect of the termination of their services.
  • The contractor was engaged to provide limited DRC-related consulting services to the Company in 2018.
  • The Company believes the claims for entitlement to be completely without merit and intends to vigorously defend them.\nCobalt Blockchain Inc. (TSXV: COBC) is a Canadian resource company expanding its exploration and development business to include cobalt assets in the Democratic Republic of the Congo.
  • The Company believes that it is the first mining and mineral trade company set up specifically to procure cobalt in compliance with the Organization for Economic Co-operation and Development ("OECD") due diligence framework.

Cobalt Releases Milestone Update to Market-Leading Portfolio Monitoring Platform

Wednesday, April 28, 2021 - 2:03pm

b'BOSTON, April 28, 2021 /PRNewswire/ --Cobalt Software, Inc. ("Cobalt"), a leading portfolio monitoring solutions provider for the private capital industry, today released a new version of its platform for private equity and venture capital firms.

Key Points: 
  • b'BOSTON, April 28, 2021 /PRNewswire/ --Cobalt Software, Inc. ("Cobalt"), a leading portfolio monitoring solutions provider for the private capital industry, today released a new version of its platform for private equity and venture capital firms.
  • The platform redefines the portfolio monitoring technology category to meet widespread demand for sophisticated but intuitive data analysis, performance reporting, and data collection tools in the private capital sector.\n"With this new platform release, Cobalt has definitively leap-frogged the portfolio monitoring category on accessibility, sophistication, and value provided to private capital leaders and their teams," said Jason Weinstein, CEO of Cobalt.
  • It\'s the kind of sophistication the industry has come to expect from every technology they use, and now, portfolio monitoring need not be the exception.
  • To learn more, including scheduling a customized demonstration of the platform, please contact: sales@cobaltgp.com .\nCobalt is private capital\'s premiere portfolio monitoring solution.

Capstone Achieved Record Operating Cash Flow of $95 million in Q1 2021 and Is Now Debt Free

Tuesday, April 27, 2021 - 10:15pm

The key highlights include:\nIncreased Optionality: Consolidating 100% ownership in Santo Domingo simplifies ownership and capital structure and streamlines negotiations for partnerships and project financing.

Key Points: 
  • The key highlights include:\nIncreased Optionality: Consolidating 100% ownership in Santo Domingo simplifies ownership and capital structure and streamlines negotiations for partnerships and project financing.
  • It would be the only refined cobalt project in the Americas not dependent on third party DRC feed.
  • Dial-in numbers for Toronto: (+1) 416-764-8677 and North American toll free: 888-390-0541.
  • Capstone\'s strategy is to focus on the optimization of operations and assets in politically stable, mining-friendly regions, centred in the Americas.

Cobalt Iron Signs With Global Systems Integrator Rahi Systems to Distribute Compass for SaaS Backup

Tuesday, April 13, 2021 - 2:00pm

b'Cobalt Iron Inc. today announced its partnership with Rahi Systems, a global IT systems integrator.

Key Points: 
  • b'Cobalt Iron Inc. today announced its partnership with Rahi Systems, a global IT systems integrator.
  • As the newest member of the Cobalt IronClad Partner Advantage (IPA) program, Rahi Systems will distribute Cobalt Iron\xe2\x80\x99s Compass\xc2\xae enterprise software-as-a-service (SaaS) backup platform worldwide to enterprises in need of advanced, automated, and modern data management and protection.\nRahi Systems is a global provider of IT infrastructure, data center transformation, audio/video, networking, data storage, and security solutions.
  • Many enterprises still rely on an overly complex legacy backup infrastructure and backup and recovery methods that are labor-intensive and expensive.\nComplexity is virtually eliminated with Cobalt Iron\xe2\x80\x99s SaaS backup platform, which dramatically reduces the time needed to back up data.
  • Together with our IPA partners, we\xe2\x80\x99re delivering the most powerful and disruptive data protection solution in the market.\xe2\x80\x9d\n\xe2\x80\x9cRahi are proud to announce our partnership with Cobalt Iron.

Globex: Payments Received, Projects Sold with Retained Gross Metal Royalties

Wednesday, March 31, 2021 - 3:27pm

In addition Globex received the second $50,000 option payment from Starr Peak Mining (STE-TSXV) pursuant to the Normetmar/Normetal/Lac Turgeon/Rousseau option agreement.

Key Points: 
  • In addition Globex received the second $50,000 option payment from Starr Peak Mining (STE-TSXV) pursuant to the Normetmar/Normetal/Lac Turgeon/Rousseau option agreement.
  • In other news, Globex has optioned the Massif du Nord and Lac Suzanne copper/nickel projects to Canada Silver Cobalt Works Inc. (CCW).
  • The option terms payable to Globex are $50,000 in cash payments within a 12-month period and $100,000 in exploration expenditures.
  • Globex retains a 2% Gross Metal Royalty, one percent of which may be purchased for $1.5 million.