Notable mining companies in Idaho include Hecla Mining Company and Jervois Mining
Ranked 8th jurisdiction globally by Fraser Institute
Mining has a direct economic impact in Idaho. Generates over $980M in mineral production annually.
Next to historical Blackbird mining camp, where Cobalt-Copper-Gold deposits were developed and mined between 1902 and 1968.1
Benefits from being close to infrastructure. Less than one kilometer from powerlines.
Covers portion of historically developed Haynes Satellite Deposit in historical Blackbird Mining Camp. Three adit entrances developed by Haynes Satellite Co, between 1917 and 1920.
Southeast of the Jervois Global Idaho Cobalt Operations. Will be one of the only producing primary cobalt asset in US, full scale production planned for early 2023.
The Company’s Qualified Person(s) have not verified the geological information pertaining to other adjacent and/or comparable properties. The information about mineralization on adjacent properties is not indicative of mineralization on the Haynes Cobalt Project. See “Comparables” on slide 2. Sources: 1 – Johnson, R., Close, T., & McHugh, E.: Mineral resource appraisal of the Salmon National Forest, Idaho (1998)
Note: A USCM Qualified Person has not done enough work to verify the results of the historical exploration. Source: (1) Slack, J.F.: Strata bound Fe Co Cu Au Bi Y REE deposits of the Idaho Cobalt Belt: multistage hydrothermal mineralization in a magmatic related iron oxide copper gold system. Econ. Geol. 107, 1089 1113 (2012)
Primary cobalt project located in Idaho Cobalt Belt. The Idaho Cobalt Belt is NW-SE trending zone of Co-Cu-As-Au-Ag +/-REE occurrences (approx. 55 km long and approximately 10 km wide).
The Company’s Qualified Person(s) have not verified the geological information pertaining to other adjacent and/or comparable properties. The information about mineralization on adjacent properties is not indicative of mineralization on the Haynes Cobalt Project. Sources: 1 – Johnson, R., Close, T., & McHugh, E.: Mineral resource appraisal of the Salmon National Forest, Idaho (1998)
Historic gold-copper underground workings cross. property boundary and correlate to cobalt mineralization.
Controls the majority of the historic underground development. Mapped and sampled.
In 1980 defined a two-kilometer trend of tourmaline bearing brecciated rocks on the property. Tourmaline bearing breccia related to cobalt mineralization at the historical workings.
NI 43-101 technical report with recommendations of: Phase 1: property wide Induced Polarity (IP) geophysical survey, additional rock sampling and mapping. Phase 2: drill testing targets that were defined by the previous work.
Note: A USCM Qualified Person has not done enough work to verify the results of the historical exploration
US controls 0.7% of total world-wide cobalt reserves yet is expected to account for a significant amount of demand for the unplanned new supply requirements needed to fuel the EV and technology industries.
No Data Found
1 – United States Geological Survey: Rare Earths Data Sheet Mineral Commodity Summaries (2020), 2 – Darton Commodities Ltd., Cobalt: Market Review (2020-2021)
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