Despite early weakness among technology and material shares dragging down Canadas. They are well-positioned to carry out exploration at our Redcastle property adjacent to Iron Creek with the expertise, staffing, and infrastructure already in place locally. Bullboard - Stock Discussion Forum Electra Battery Materials V.ELBM. Ryan McDermott, CEO of Phoenix Copper, said: 'First Cobalt has been drilling from surface and underground workings at Iron Creek since 2018. Upon completion Pheonix and Cobalt will enter into a joint venture agreement. Directly to the south: Iron Creek Project (First Cobalt Corp), historic cobalt mine, with a historic estimate of 1.3 million tons grading 0.59 cobalt. US focused precious metals producer and exploration company Phoenix Copper Ltd has announced announce that it has entered into an earn-in agreement with First Cobalt Idaho, in respect of the Redcastle Cobalt property on the Idaho Cobalt Belt.įirst Cobalt will pay US$50,000 and issue 200,000 unrestricted shares to Phoenix before completing two phases over a five-year period.
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