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M2 Cobalt mobilising second rig to Uganda project as program expands

Simon Clarke, chief executive of M2 Cobalt Corp (CSE:MC, OTCMKTS:MCCBF), tells Proactive London's Andrew Scott they're set to add a second drill to their project in Bujagali, Uganda.

''We've got over 12 targets which are all bigger than a square kilometre each ... so very large targets, we have several which have district-size potential ... but we've been blown away by what we've found on the ground''.

M2's reported mineralization of up to 0.5% nickel, 0.68% cobalt and 1% copper in several key areas.

Quick facts: M2 Cobalt Corp

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TSX-V:MC
Market: TSX-V
Market Cap: $0.00
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M2 Cobalt and Jervois Mining become one in a friendly merger

M2 Cobalt (CVE:MC) CEO Simon Clarke sat down to chat with Steve Darling  from Proactive Investors Vancouver to discuss M2 and Jervois merging to create one company. M2 will make up 22.1 percent of Jervois. Clarke tells Proactive the merger is friendly and  will also give M2 one seat...

on 01/22/2019

2 min read