Phoenix Copper enters agreement with First Cobalt Idaho | 24 May 2021
24 May 2021 | 13:56pm StockMarketWire.com - US focused precious metals producer and exploration company Phoenix Copper Ltd has announced announce that it has entered into an earn-in agreement with First Cobalt Idaho, in respect of the Redcastle Cobalt property on the Idaho Cobalt Belt. First Cobalt will pay US$50,000 and issue 200,000 unrestricted shares to Phoenix before completing two phases over a five-year period. Upon completion Pheonix and Cobalt will enter into a joint venture agreement. Ryan McDermott, CEO of Phoenix Copper, said: 'First Cobalt has been drilling from surface and u...