Cruz Cobalt Corp (CVE:CUZ, OTCBB:BKTPF) was back in the news today, saying it had started operations at its 'War Eagle' cobalt prospect in British Columbia.
"We plan to be operational on multiple projects throughout 2018," said the firm's president James Nelson.
READ: Cruz Cobalt set for airborne work at its three British Columbia projects
"We anticipate being one of the most active junior cobalt companies this year and management is very optimistic about the landscape for domestically and ethically sourced cobalt.”
It comes as last week, the group told investors it would embark on an airborne work program at its British Columbia cobalt properties.
Cruz currently has nine cobalt projects located throughout North America, comprising four in Ontario, three in British Columbia, one in Idaho and one in Montana.
Its 4,935-acre War Eagle cobalt prospect in British Columbia covers a past-producing mine.