The namesake metal of the town of Cobalt is the focus of a Vancouver company which has acquired a former silver mine property near the historic northeastern Ontario community. CobalTech Mining, formerly known as Big North Graphite, closed the acquisition of the former Duncan Kerr property from Trio Resources of Toronto on Nov. 23.
The company has plans to dig into the leftover piles of mineralized material on the surface to source cobalt.
Their 32-hectare property, located three kilometres southeast of the town in Coleman Township, contains the underground remnants of the former Kerr and Lawson silver mines, which operated intermittently from the mid-1900s through to the 1960s. Continue Reading →