Electra Secures 10-Year Permit to Advance Exploration for Idaho Copper and Cobalt Properties
Electra Battery Materials Corporation (ELBM)
Company Research
Source: GlobeNewswire
TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that it has secured a 10-year exploration permit for its Idaho copper and cobalt properties, including its Iron Creek project, in the Idaho Cobalt Belt, U.S.A. Covering 91 designated drill pad locations and hundreds of potential drill targets, this long-term permit enhances project certainty, offers greater planning flexibility, and significantly reduces administrative requirements compared to annual permits. Approved by the U.S. Forestry Service, this permit enables Electra to advance its exploration of critical mineral resources essential to the U.S. economy across the Iron Creek Deposit, the Ruby Project, as well as the neighboring CAS and Redcastle option agreement properties. Trent Mell, Electra CEO, said, “Securing this 10-year exploration permit is an important milestone for copper and cobalt mining in the U.S. and
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ELBM
Sec Filings
- 12/23/24 - Form 6-K
- 12/20/24 - Form 6-K
- 11/27/24 - Form 6-K/A
- ELBM's page on the SEC website