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 […]

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: 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 […]

Cobalt market – supply vs demand forecast (2017-2025)  - Source: Canaccord Genuity estimates

M2 Cobalt enters into definitive agreements to acquire 7 cobalt licenses in Uganda

M2 Cobalt (MC.V), the new name of Accend Capital (ADP.V) has announced it has entered into a definitieve agreement with several number-companies in BC to acquire their respective interests in no less than seven exploration licenses in Uganda. The company acquires these seven licenses as part of a cobalt-focused acquisition […]