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Northern Cobalt Ltd.
Summary
| Project: | Snettisham | |
|---|---|---|
| Deposit: | Snettisham | |
| Location: | United States | |
| Commodities: | Iron-Titanium-Vanadium | |
| Date: | 6/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-6-2019: Northern Cobalt Ltd. announces a Resource Estimation report for its Snettisham deposit at the Snettisham project. Iron ore exploration Target for Snettisham. Previously the company had been primarily focussing on the vanadium content of the iron | |
| Resources: | High grade exploration target of 297 - 551Mt @ 28 - 52% Fe | |
| CP/QP: | [Overall Report]: Michael Schwarz (Internal) | |
| ABSTRACT: | Previously the company had been primarily focussing on the vanadium content of the iron ore as the main value driver for the project, and now with the recent sustained price increases for iron ore we have undertaken an assessment of the value of the magnetite iron ore to contribute to the economics of the project in addition to vanadium. There are several critical infrastructure requirements for processing a vanadium-rich magnetite concentrate and exporting it to market. These include | |
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