Our focus is on the exploration and development of our assets across our cobalt, lithium and graphite projects in North America and South Korea. We continue to assess additional land opportunities in North America.
Island 27 Project
The Island 27 drill-ready project, located in the north of the Ontario Cobalt belt; immediately south of the gold-rich Larder Lake-Cadillac Fault Zone, part of the Abitibi Gold Greenstone Belt.
BMR, in joint-venture with Golden Valley Mines Ltd. is drill testing extensions. The project is located immediately south of the gold-rich Larder mineralized zone.
An area historically explorated for gold has overlooked cobalt potential.
A single drill hole intercept returned 4.18% Co, 0.38% Ni and 12.1 g/t Ag over 4m. Because the intercept was not gold, there was no follow-up until BMR joint-ventured the project. BMR continues to advance exploration in this area.