ePower Metals Inc

ePower Metals—Advancing High-Quality Cobalt Exploration Projects

Overview

ePower Metals Inc (TSXV:EPWR) is a resource exploration company focused on advancing a high-quality portfolio of cobalt projects, with the goal of providing cobalt to the ever-growing rechargeable battery sector. Currently, ePower Metals is dedicated to exploring and advancing its Brokopondo and Panther Creek cobalt properties.

The Brokopondo property is located in geopolitically stable and mining-friendly Suriname, South America. Along with having a stable political environment, Suriname offers mining companies established infrastructure, a skilled workforce, low costs of operation and clearly defined mining regulations.

The property could offer bulk tonnage potential and ePower Metals is hoping to achieve this by focusing on the model used by Geovic Mining Corp. (OTCMKTS:GVCM) in Cameroon. Additionally, the property has reported historical sample grades of 0.5 percent to 1.5 percent cobalt. ePower Metals has set aside US$350,000 for an initial exploration program which will include property-wide soil sampling and definition auger drilling. The company hopes that auger drilling will enable them to begin drafting a NI 43-101 resource estimate for the property.

The Panther Creek property is situated upon Idaho’s cobalt belt, a proven region rich in mining history and historical cobalt mining projects. ePower Metals’ property is located alongside the eCobalt Solutions (TSX:ECS; OTCQX:ECSIF; FRA:ECO) Idaho cobalt property, which has a measured and indicated resource of 45.7 million pounds of cobalt, 65.8 million pounds of copper and 68,000 ounces of gold.

Company Highlights

  • Acquired Brokopondo property in mining friendly and geopolitically stable Suriname, South America
  • Rapid expansion and exploration potential at Brokopondo