Big news out of Vancouver yesterday as Declan Cobalt’s Tisová copper-cobalt mining project announced it has completed exploration efforts on the Czech-German border. Declan Cobalt is a leader in discovering sources of Ethical Cobalt after the humanitarian backlash against cobalt mining practices in the Congo.
Here are five exciting takeaways from yesterday’s announcement:
The target areas are close to the surface
Declan Cobalt’s consultant, Cambria Geosciences, has compiled a 3d geological model for the drill targets which are all less than 700m below the surface with some as close as 400m below the surface
Drilling begins soon.
The drilling contractor, geologists, and assistants will be mobilized soon with drilling expected to commence in early February. The drill targets are all close to local access roads and permits are well underway.
Declan’s President is excited about the announcement.
In a statement, Declan President Wayne Tisdale said: ““The team brought together to advance the exploration have successfully integrated the historical data and the modern geophysics to define excellent first pass shallow drill targets on Declan’s Czech-German copper-cobalt project. Declan’s drilling in February will further enhance our understanding of Tisová’s potential.”
Declan’s mine is huge!
The Tisová Mine, owned by Declan, is one of the largest sources of copper/cobalt in Eastern Europe, at 15,928 hectares granted and applied.
Ethical Cobalt is a major concern for large tech companies.
Finding a rich source of copper/cobalt in Eastern Europe allows Declan to avoid human rights issues common to cobalt mined from “artisanal mines” in the Congo. Cobalt is the prime ingredient in batteries used in electric cars, with one of the largets plants in Europe located only 150km from Declan’s Tisová Mine.
Find out more about Declan and Ethical Cobalt here and keep reading TrendScan for more information about this exciting company.
(Note: In this article we mention Declan Cobalt. Declan Cobalt is a client of TrendScan and members of the TrendScan team own options to stock in Declan Cobalt.)