M2 Cobalt

M2 Cobalt starts drilling the Bombo nickel-cobalt targets

M2 Cobalt starts drilling the Bombo nickel-cobalt targets

M2 Cobalt (MC.V) has now dispatched a second drill rig to the Bombo exploration target on the Bujagali licenses, as the company wants to follow up on what appears to be an interesting nickel-cobalt-copper target. At Bombo, M2 has successfully outlined three separate large high-priority drill targets based on a […]

M2 Cobalt expands land position, starts drilling

M2 Cobalt expands land position, starts drilling

M2 Cobalt (MC.V) has entered into a definitive agreement to acquire an additional 4 exploration licenses in Uganda, comprising of a total land package of 850 square kilometers that’s either contiguous with or close to the existing Kilembe and Bujagali exploration licenses. The total price tag is US$550,000 in cash […]

M2 Cobalt: airborne survey reveals 721 exploration targets

M2 Cobalt: airborne survey reveals 721 exploration targets

M2 Cobalt (MC.V) has now received the final results from its helicopter VTEM survey on the Kilembe properties. The company completed almost 3,000 line kilometers of flying to complete a high-resolution database of exploration targets on the property. M2 Cobalt was specifically looking for buried Kilembe-style deposits, which would carry […]

M2 Cobalt wants to accelerate the Bombo exploration program

M2 Cobalt wants to accelerate the Bombo exploration program

M2 Cobalt’s (MC.V) exploration program in Uganda is in full swing as the airborne and ground survey on the Bombo target (part of one of the Bujagali exploration licenses) has been completed and the crews have moved onto the copper-cobalt-gold zone on another Bujagali exploration license. A total of 3,000 […]

M2 Cobalt is ready to go in Uganda!

M2 Cobalt is ready to go in Uganda!

M2 Cobalt (MC.V) has started its exploration program in Uganda where it’s trying to prove up a copper-cobalt district on the land package it has been assembling for the past several years now. This year’s exploration program (the very first program since the properties were vended into M2 Cobalt) will […]