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Re: unit36 post# 509

Wednesday, 11/15/2017 11:08:52 AM

Wednesday, November 15, 2017 11:08:52 AM

Post# of 773
Thanks for the headsup Unit36

eCobalt Management Update on the Idaho Cobalt Project’s Marketing, Construction and Project Optimization

Vancouver, B.C. November 15, 2017 – eCobalt Solutions Inc. (ECS-TSX) (“eCobalt” or the “Company”) is pleased to communicate the progress to date on the Idaho Cobalt Project’s (“ICP”) construction, cobalt marketing and project optimization.

The ICP, located in East Central Idaho, is the only environmentally permitted, primary cobalt project located in the United States. It is 100% owned by the Company’s wholly owned subsidiary, Formation Capital Corporation, U.S. Last week, the Company SEDAR filed its recently completed Feasibility Study (“FS”) Technical Report in accordance with National Instrument 43-101 (see Company news release dated November 10, 2017). The FS was prepared by Micon International (“MI”) in conjunction with SNC Lavalin (“SNC”) both of Toronto, Canada. The FS outlines the production and processing feasibility of the ICP as an underground mine and mill, developing the Company’s Ram deposit and the Cobalt Production Facility (“CPF”), a hydrometallurgical refining operation located on a railhead in Blackfoot, Idaho. The FS recommends the ICP progress through detailed engineering, procurement and construction phases with consideration of several opportunities to improve the economics of the project.

Read more at:
http://www.ecobalt.com/news/news-releases/ecobalt-management-update-on-the-idaho-cobalt-project-s-marketing-construction-and-project-optimization

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