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ELBM / Electra Battery says its positive updated mineral resources estimate paves way for PEA at its Iron Creek project in Idaho

Electra Battery says its positive updated mineral resources estimate paves way for PEA at its Iron Creek project in Idaho
Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) reported an updated mineral resource estimate (2023 MRE) for its Iron Creek cobalt-copper project in the Idaho Cobalt Belt, a 34-mile-long formation containing some of the largest primary cobalt deposits in North America, that paves the way for exploration activities and development of a preliminary economic assessment (PEA). “Continued exploration and development of the Idaho Cobalt Belt will help to reduce North America's reliance on foreign sources of cobalt supply particularly as demand for critical minerals will grow exponentially in the coming years,” said Electra CEO Trent Mell said in a statement. Read More
Posted: Mar 10 2023, 10:07
Author Name: Proactive Investors
Views: 111427

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