Tag: $MC

M2 Cobalt merges with cash-rich Jervois Mining

M2 Cobalt merges with cash-rich Jervois Mining

M2 Cobalt (MC.V) has been in a trading halt since yesterday and although the company hasn’t issued a press release yet, an ASX-listed company released an interesting piece of information last night. Jervois Mining (ASX:JRV), an Australian company with a market capitalization of just over A$60M, has entered into a […]

Exploration Outlook 2019

Exploration Outlook 2019

2018 is almost over and it wasn’t a great year for the natural resources sector. Some metals did very well, but this didn’t mean the share price of the companies moved along with the commodity price increases. Gold appears to be ending the year on a (relatively) strong note, but […]

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 […]