Global Cobalt Corporation (TSXV:GCO) CEO Erin Chutter talks about the Karakul Cobalt Deposit in the Republic of Altai, Russia and enormous support from shareholders and insiders.
Global Cobalt Corporation (TSXV:GCO) CEO Erin Chutter spoke to Resource Investing News at the Vancouver Resource Investment Conference about the Company’s flagship project, the Karakul Cobalt Deposit in the Republic of Altai, Russia. The Company has had enormous support from shareholders and insiders, recently closing an over-subscribed $2.379 million private placement with shareholders participating in $1.7 million of it. In 2014, Global Cobalt is working towards an NI 43-101 compliant resource estimate, a PEA and potential expansion of the resource.
Global Cobalt Corporation is a Canada-based strategic metals company focused on the development of a new mining region in the Republic of Altai. Global Cobalt will build upon the success of the Altai Projects while aggressively expanding and exploring existing properties to meet the demand for cobalt and other strategic metals.