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    NetworkNewsWire Coverage  910  0 Kommentare Quantum Cobalt Corp. (CSE: QBOT) (FRANKFURT: 23B) is "One to Watch" - Cobalt Prices To Rocket As Tech Giants Scramble For Supplies - Seite 2

    What's changed is that we are using so much cobalt that it's forced a look at the origins, and that scrutiny is leading consumers away from the DRC.

    Even with conflict cobalt, we're still looking at a potential 20 percent gap in supply by 2025.

    So the market is betting big on new cobalt suppliers, and there's no better place to be than Ontario's "Cobalt Belt," where Quantum Cobalt has three projects with promising exploration upside.

    Fortunes were made here in silver more than a century ago. Now fortunes are about to be made in cobalt.

    #2 Quantum Cobalt Plays, Made in North America

    Right in the heart of Ontario's cobalt belt, Quantum Cobalt (CSE: QBOT) has the Nipissing Lorrain Cobalt Project, which has in the past produced over 16,500 tons of the critical metal.

    According to the company, the cobalt mineralization here is striking. Past production of 5 tons of material was reported to be an unusually high grade of 22 percent cobalt. That's impressive when you consider that most projects are deemed valuable with as little as 0.05 percent cobalt, says CEO Greg Burns.

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    And that's just one project in this massive cobalt belt. The company has already launched exploration to identify targets in two other projects in the heart of this cobalt belt: Rabbit and Kahuna.

    The Rabbit project is just 55 kilometers north of Ontario's prolific Cobalt district, with historic work returning an assay of 8.76 percent cobalt.

    The Kahuna Cobalt-Silver property, covering 77 claims over 1,200 hectares, has also seen mineralization of cobalt discovered in past work.

    The company has mobilized field crews to carry out first-pass exploration on both of these properties, and we expect rapid news flow on prospecting, geologic mapping, geochemical mapping, geochemical surveying and sampling to locate and delineate mineralized structures.

    Nearby, First Cobalt Corp. -- which pulled out of the DRC to expand in safer Canada, has past-producing assets and a market capitalization of CAD$39 million, which is expected to reach CAD$156 million pending an acquisition transaction. It all suggests that 27 Quantum, with its three cobalt projects at ground zero -- may be undervalued.

    The past production on these properties suggests that 27 Quantum has significant exploration and development potential, and it's coming into this game right at the edge of the cobalt cliff. And it's got the team to back it up.

    #3 Big Institutional Backing for Veteran Explorers and Value-Creators

    Jerry Huang, a Quantum Cobalt director, is an instrumental player in Energold Drilling Corp., a leading drilling solutions company servicing the mining and energy sectors in the America's, Africa and Asia. Internationally recognized for a social and environmental approach to drilling and operating 270 rigs in 24 countries worldwide, Huang brings a wealth of knowledge and expertise in exploration and drilling.


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    Verfasst von Marketwired
    NetworkNewsWire Coverage Quantum Cobalt Corp. (CSE: QBOT) (FRANKFURT: 23B) is "One to Watch" - Cobalt Prices To Rocket As Tech Giants Scramble For Supplies - Seite 2 NEW YORK, NY--(Marketwired - Nov 16, 2017) - The Democratic Republic of Congo supplies some 60 percent of the world's cobalt -- a desperately sought after metal that is the driver of our electric vehicle (EV) boom and the fodder of battery …