eCobalt Solutions Inc. (TSX: ECS; OTCQB: ECSIF) (the “Company” or “eCobalt”) is providing an update on its Feasibility Study (“FS”) and recently initiated pre-construction activities on its 100% owned Idaho Cobalt Project (“ICP”) in anticipation of final FS receipt expected later in September. The ICP is the only near term, environmentally permitted and primary cobalt project located in the United States. In 2016 eCobalt commissioned the FS with Micon International Limited (“Micon”) and SNC-Lavalin (“SNC”).
As quoted in the press release:
Paul Farquharson, President & CEO of eCobalt commented, “We are encouraged by the recent progress and preliminary results of the Feasibility Study. As we anticipate results to be filed in September, we are fast tracking key pre-construction activities at the mine site this fall in preparation for the expected recommencement of construction in 2018 after project financing is completed”. He continued, “The recent addition of Floyd Varley, COO, and LLee Chapman, VP Administration has proven instrumental in the advancement of the Idaho Cobalt Project towards these pivotal goals.”