ICR pins hopes on Canadian cobalt

BEN Cooper, the Sydney-based head of corporate at Vested Equities, and a director of unlisted Queensland shale oil-vanadium new float hopeful QEM, is also having a crack at the cobalt space with an attempt to list International Cobalt Resources with a A$5-6 million initial public offer.

ICR pins hopes on Canadian cobalt ICR pins hopes on Canadian cobalt ICR pins hopes on Canadian cobalt ICR pins hopes on Canadian cobalt ICR pins hopes on Canadian cobalt
The Canadian-focused company has planted its flag around the town of Cobalt, Ontario, and in Quebec, and has secured three foundation projects: Blue Mac, Dickson and Bambino.
 
The Blue Mac and Dickson projects were secured from TSXV-listed explorer CBLT Inc, which has previously done deals with ASX-listed explorers Krakatoa Resources and Winmar Resources in the same Gowganda-Cobalt area.
 
Blue Mac covers less than 6sq.km, but ICR argues it could contain a significant shallow deposit based on includes a newly discovered quartz vein which has returned significant results for cobalt and gold.
 
Past work at Blue Mac includes a 15m-deep shaft from 1923 from which gold up to 186gpt was reportedly re...

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