Chilton Cobalt is located about an hour's drive northwest of Montreal, providing easy access to infrastructure.
Early explorations have identified anomalies of cobalt, nickel, copper, and chromium, indicating the site’s potential for hosting critical minerals.
CBLT optioned Chilton Cobalt to PowerStone Metals in 2022, for which it was issued shares in PowerStone. CBLT then distributed some of those shares to its shareholders, allowing them to directly participate in PowerStone’s efforts.
The option expires in December 2024.
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