25
May
13:17
COBALT, COPPER: Phoenix Copper, First Cobalt sign Idaho earn-in agreement
Phoenix Copper has signed an earn-in agreement with First Cobalt Idaho, a subsidiary of First Cobalt Corp, for its Redcastle cobalt property in Idaho.
The 242.8-hectare Redcastle property adjoins First Cobalt’s developing Iron Creek cobalt-copper project, Kallanish reports. The property lies about 750 metres east of First Cobalt’s Ruby Zone, which is exposed at the surface.
First Cobalt will pay $50,000 and issue Phoenix Copper 200,000 unrestricted sh…
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