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The Markets
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Electra Battery Materials announces acquisition of Cobalt Property in Idaho

Electra Battery Materials announces acquisition of Cobalt Property in Idaho

Electra Battery Materials CEO Trent Mell joined Steve Darling from Proactive to share news the company has made an acquisition of a Cobalt Property near the company’s projects in Idaho called CAS. Mell telling Proactive the company optioned a land package over over 5 kilometres adjacent to the Iron Creek deposit. The historic drilling included 6.25 metres at 0.51% cobalt and 7.5 ppm gold from 77.5 to 83.8 metres. The Company is currently advancing permitting for 92 drill pads encompassing Iron Creek, Ruby and CAS, which could be explored over a 10-year period.

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