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Global Cobalt Corp. (TSXV:GCO,OTCBB:GLBCF) has engaged Wardell Armstrong International to begin the preparation of a gap analysis in order to meet the requirements of the Russian Techniko-Ekonomicheskoe Obosnovanie Konditsy for its Karakul Cobalt Project. The study will have the primary objective of identifying any missing data that might impede the completion of the TEO Konditsy requirements. It will also serve to identify areas of cost savings and outline specific work requirements as Global Cobalt also meets Canadian regulatory requirements.
As quoted in the press release:
During this Gap Analysis phase, WAI will compare historical data and outline future work that will satisfy both regulatory environments. Differences related to project design, level of technical detail required for baseline studies, level of public consultation, consideration and disclosure of information, labour, coverage of community and social issues and the preparation of a social and environmental management system will all be taken into consideration. This comparison will be an important exercise to alleviate knowledge gaps and justify recommendations for subsequent stages of project advancement.
Global Cobalt CEO, Erin Chutter, said:
The appointment of an internationally recognized consulting firm with considerable expertise in the Russian GKZ process is of great benefit to Global Cobalt. We look forward to working with Wardell Armstrong in identifying the work required to meet TEO Konditsy requirements.
Click here to read the Global Cobalt Corp. (TSXV:GCO) press release
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