Global Cobalt (TSXV:GCO), a strategic metals company focused on developing its Karakul cobalt project in Russia’s Altai Republic, has been busy these past few months. To find out what the company has been up to, Andrew Topf, senior editor at the Investing News Network, interviewed Erin Chutter, Global Cobalt’s president, CEO and director.
In the video below, Chutter discusses the three main goals of the drill and technical work program going on at Karakul, as well as the company’s recently started feasibility study; she notes that Global Cobalt is fully funded for the current work program, including a NI 43-101 resource and metallurgical composition work.
Chutter also explains the details of Global Cobalt’s preliminary offtake agreement with Beijing Easpring Material Technology, talks about what it’s like to operate in Russia and provides her outlook for cobalt prices.
Since this video was filmed, Global Cobalt has drilled and logged the first core at Karakul.
Securities Disclosure: Andrew Topf holds no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Global Cobalt is a client of the Investing News Network. This article is not paid-for content.