Of all the ‘cobalt hopefuls’ out there, only a handful will effectively see it through an advanced stage exploration phase and only a minority will effectively be producing cobalt anytime soon.

M2 Cobalt has just completed a substantial capital raise on the back of the acquisition of seven cobalt exploration licenses in Uganda. These licenses are either located right across the border from the DRC, which hosts numerous copper-cobalt mines or are on trend with a number of major producing mines in the DRC. M2’s properties consist of the Kilembe property and Bujagali property which are respectively described as ‘rejuvenating’ and ‘developing’ a copper-cobalt region in the official NI 43-101 Technical Report on the properties.

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Suite 2000-1177 West Hastings Street
Vancouver, BC, V6E 2K3, Canada
+1 604 669 2191