CANEX Metals Inc. is a Canadian Junior Exploration Company with an experienced exploration team focussed on identifying, acquiring and developing high potential exploration projects. CANEX is focused on a new gold discovery at the Gold Range Project in Arizona where ongoing work has identified a 5km long fault zone containing numerous mineralized zones and exploration targets. Chip samples from Gold Range have returned 8.5 g/t gold over 5.6 metres, 28.1 g/t gold over 1 metre, 17.2 g/t gold over 1.1 metres, 7 g/t gold over 1.2 metres, and 2.34 g/t gold over 8 metres.  

First Cobalt is a North American battery materials company with leading ESG credentials that is currently expanding and recommissioning their refinery capable of producing battery grade cobalt. 

First Cobalt is on the cusp of becoming North America’s first producer of cobalt sulphate through their refinery in Canada. The company also has a cobalt-copper mineral exploration asset in the state of Idaho called the Iron Creek Project and has recently announced some work carried out on battery recycling.

After a couple of quiet years First Cobalt is getting pretty busy now as they move towards doubling the footprint of the plant going from 12 tonnes - 55tpa of production. Phase I will be completed in October 2022, at which time the facility will produce 25,000 tonnes per year of battery grade cobalt sulphate. This will be a short timeline with the permitting process and equipment starting to arrive on site early in 2022 and incremental stages of de-risking the process towards production. First Cobalt will be operating in under 18 months which is what makes them unique as a company in this market.

A Phase II expansion plans to recycle lithium-ion battery material in the form of black mass to recover cobalt, nickel, copper and other battery materials. The final product will be marketed to EV and battery manufacturers in North America and Europe. 

The drilling programme continues this year with 2022 being the big drill year when they plan to start step out drilling as they are open on strike and on depth. 

The Iron Creek Project in Idaho is a high grade primary cobalt deposit that sits on patented property within the Idaho Cobalt Belt. First Cobalt aims to build an underground ‘mine of the future’, leveraging current best practices and technology to minimize the environmental footprint of a future operation. 

Blackwolf Copper and Gold Ltd, formerly Heatherdale Resources Ltd, is a Canada-based is a mineral exploration and development company. The Company focuses on base and precious metal projects located in Alaska and British Columbia. It holds interest in Niblack project, which is located on Prince of Wales Island in southeast Alaska. The Niblack project hosts resources of copper, gold, silver and zinc.

Cobalt Blue Holdings Ltd (ASX:COB) is a pure-play cobalt exploration and project development company focusing on advancing the Broken Hill Cobalt Project in New South Wales as well as downstream value-adding.

The company’s commercial aim is to make battery-ready cobalt sulphate from a new pilot facility on a scale sufficient to provide test samples for global commercial partners.

This pilot plant in Broken Hill will allow COB to produce varying specifications of cobalt products, which are in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.

Led by a team recognized for discovering, building, operating, and growing major gold deposits in West Africa, Montage Gold is a well-funded exploration and development company focused on unlocking the potential of its flagship asset, the Koné Gold Project. Discover the Montage story and the incredible team behind it.

Karora Resources is a multi-asset mineral resource company focused primarily on the acquisition, exploration, evaluation and development of precious metal properties. It is Karora’s vision to become the next sustainable high quality mid-tier producer.

After the transformational acquisition of the Higginsville Gold Operations, Karora’s primary operations are the Beta Hunt Underground Mine and the Higginsville Gold Operations including the Higginsville Open Pit mines and 1.4Mtpa Higginsville mill.

Mkango Resources Limited (TSXV/AIM: MKA) is developing the 51% owned Songwe Hill rare earths project in Malawi with the ongoing bankable feasibility study funded by strategic partner, Talaxis Limited, a subsidiary of Noble Group. Malawi is known as “The Warm Heart of Africa”, a stable jurisdiction with major road, rail and power developments. In parallel, Mkango is developing complementary downstream technologies via its 75.5% interest in green technology incubator, Maginito Limited (www.maginito.com), which recently invested in UK rare earth (NdFeB) magnet recycler, HyProMag Limited (www.hypromag.com). 

Signature Resources is a Canadian based advanced stage exploration company focused on expanding the 100% owned Lingman Lake Gold deposit, located within the prolific Red Lake district in Northwestern Ontario, Canada. The project has a 234,000 ounce historical high-grade gold resource estimate that is contained within the first 180m of surface and open in all directions.

Signature is focused on rapidly expanding the known mineralized envelope with its 100% owned diamond drill rig and aims to publish a maiden NI 43-101 compliant resource in 2022.

The Lingman Lake Gold deposit is in the prolific northern Red Lake district within a massive land package with huge regional Gold potential. This covers nearly 90% of the entire Lingman Lake Greenstone Belt within their claim package so the district-level potential for further discovery is significant, and they have entered into the growth phase. 

They are through their initial funding and have recently completed a 3,000m initial drill programme working to step out and expand the scale of the discovery towards eventually achieving a 43-101 compliant resource and moving the historical resource into that compliance along with a significant expansion of scale in grade and ounces.

Moving forward to increase the resource, Signature is primarily drilling for scale. The company is planning a well defined focused drill programme and will move quickly to determine the extent of the mineralisation. Once they have mapped the size of the resource, they plan to do in-fill drilling to increase grade and scale. The remainder of assay results are due back within the month and these will be combined with results from the geophysics programme to formulate plans going forward. 

Calidus Resources (ASX:CAI) is an ASX listed gold exploration & development company which controls the 1.5 million ounce Warrawoona Gold Project located in the East Pilbara district of the Pilbara Goldfield in Western Australia. The recent consolidation of this goldfield will transform the Company into a new Australian gold development company with significant potential to unlock further resources and new discoveries within the emerging gold belt of the Pilbara Goldfields district, which is a historically proven gold mining region.

Orezone Gold Corporation (ORE:TSX.V) is a Canadian development company which owns a 90% interest in Bomboré, one of the largest undeveloped gold deposits in Burkina Faso. Bomboré hosts a large oxide resource underlain by a larger, open sulphide resource, and will be developed in two stages. Orezone is now fully funded to bring Bomboré into production with the first gold pour scheduled for Q3-2022.