World-class team with proven history in large-scale resource development in energy and natural
resources industries both domestic and international
Lithium demand growth is compounded by tight supply conditions. Lithium carbonate price has
risen from US$5,500 to trade at US$13,000 per tonne on the spot market over the past 3 years
(Strachan Corp., April 2016)
Large acreage position over 20,000 acres in highly prospective lithium-brine basins - continuing
aggressive acquisition strategy
Q2 2016 completed Fish Lake Valley acquisition strategy at 18,550 contiguous acres, the dominant
claim holder in this large and well understood lithium brine basin.
Q2 2016 acquired 2,240 acre San Emidio property, located in north Nevada, next stage of strategy
to diversify asset base by identifying & acquiring the best lithium properties in Nevada
Fast, low cost, low risk exploration with plans to follow with inexpensive evaluation & pilot phases
to prove resources
Investigating strategic financing opportunities with leading industry participants
Equinox Gold is a Canadian mining company with a multi-million-ounce gold reserve base, near-term and growing gold production from two past-producing mines in Brazil and California, and an acquisition underway to purchase a producing gold mine in California. Construction is well advanced at the Company’s Aurizona Gold Mine in Brazil with the objective of pouring gold by year-end 2018, and the Company is advancing its Castle Mountain Gold Mine in California with the objective of commissioning Phase 1 operations by the end of 2019. On September 19, 2018, Equinox Gold announced its intention to acquire the Mesquite Gold Mine with the expectation of completing the acquisition before year-end 2018. Further information about Equinox Gold’s portfolio of assets and long-term growth strategy is available at www.equinoxgold.com or by email at ir@equinoxgold.com.
World-class team with proven history in large-scale resource development in energy and natural
resources industries both domestic and international
Lithium demand growth is compounded by tight supply conditions. Lithium carbonate price has
risen from US$5,500 to trade at US$13,000 per tonne on the spot market over the past 3 years
(Strachan Corp., April 2016)
Large acreage position over 20,000 acres in highly prospective lithium-brine basins - continuing
aggressive acquisition strategy
Q2 2016 completed Fish Lake Valley acquisition strategy at 18,550 contiguous acres, the dominant
claim holder in this large and well understood lithium brine basin.
Q2 2016 acquired 2,240 acre San Emidio property, located in north Nevada, next stage of strategy
to diversify asset base by identifying & acquiring the best lithium properties in Nevada
Fast, low cost, low risk exploration with plans to follow with inexpensive evaluation & pilot phases
to prove resources
Investigating strategic financing opportunities with leading industry participants
Equinox Gold is a Canadian mining company with a multi-million-ounce gold reserve base, near-term and growing gold production from two past-producing mines in Brazil and California, and an acquisition underway to purchase a producing gold mine in California. Construction is well advanced at the Company’s Aurizona Gold Mine in Brazil with the objective of pouring gold by year-end 2018, and the Company is advancing its Castle Mountain Gold Mine in California with the objective of commissioning Phase 1 operations by the end of 2019. On September 19, 2018, Equinox Gold announced its intention to acquire the Mesquite Gold Mine with the expectation of completing the acquisition before year-end 2018. Further information about Equinox Gold’s portfolio of assets and long-term growth strategy is available at www.equinoxgold.com or by email at ir@equinoxgold.com.
BeMetals Presentation - January 4, 2022DerekIwanaka1
A 22 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 24 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and tier 1 targeted copper exploration along the western extension of the Zambian Copperbelt.
A 24 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 23 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 29 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 24 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 25 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 25 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
A 25 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
BeMetals is a precious and base metals exploration and development company with wholly owned projects in Japan and option agreements to acquire interests in mineral projects in Idaho and Zambia. BeMetals recently expanded its exposure into the gold sector through the acquisition of the Kazan Gold Project in Japan (Read more about Kazan here). In connection with the Company’s expansion into Japan, B2Gold Corp. (“B2Gold”) has become a strategic investor and currently holds approximately 19% of BeMetals’ outstanding shares. Pursuant to the option agreements, BeMetals has rights to acquire up to a 100% interest in the polymetallic (zinc-silver-gold-copper) South Mountain development project in southwest Idaho, USA and rights to acquire a majority interest in the Pangeni Copper Exploration project on the western extension of the Zambian Copperbelt .
BeMetals Presentation - February 1, 2022DerekIwanaka1
A 22 slide overview of BeMetals' exciting gold exploration in Japan, its zinc focused development asset in Idaho and their tier 1 targeted copper exploration on the western extension of the Zambian Copperbelt.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Let's dive deeper into the world of ODC! Ricardo Alves (OutSystems) will join us to tell all about the new Data Fabric. After that, Sezen de Bruijn (OutSystems) will get into the details on how to best design a sturdy architecture within ODC.
Search and Society: Reimagining Information Access for Radical FuturesBhaskar Mitra
The field of Information retrieval (IR) is currently undergoing a transformative shift, at least partly due to the emerging applications of generative AI to information access. In this talk, we will deliberate on the sociotechnical implications of generative AI for information access. We will argue that there is both a critical necessity and an exciting opportunity for the IR community to re-center our research agendas on societal needs while dismantling the artificial separation between the work on fairness, accountability, transparency, and ethics in IR and the rest of IR research. Instead of adopting a reactionary strategy of trying to mitigate potential social harms from emerging technologies, the community should aim to proactively set the research agenda for the kinds of systems we should build inspired by diverse explicitly stated sociotechnical imaginaries. The sociotechnical imaginaries that underpin the design and development of information access technologies needs to be explicitly articulated, and we need to develop theories of change in context of these diverse perspectives. Our guiding future imaginaries must be informed by other academic fields, such as democratic theory and critical theory, and should be co-developed with social science scholars, legal scholars, civil rights and social justice activists, and artists, among others.
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
2. 2
All statements, other than statements of historical fact, contained in this presentation constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation
Reform Act of 1995, and “forward-looking information” under similar Canadian legislation and are based on the reasonable expectations, estimates and projections of the First Cobalt Corp. (the
“Company” or “First Cobalt”) as of the date of this presentation. Forward-looking statements and forward-looking information include, without limitation, possible events, trends and opportunities
and statements with respect to possible events, trends and opportunities, including with respect to, among other things, the state of the cobalt market, global market conditions, the ability of the
Company to identify and acquire assets, results of exploration activities, the nature of potential business acquisitions, capital expenditures, successful development of potential acquisitions,
currency fluctuations, government policy and regulation, geopolitical uncertainty and environmental regulation. In particular, forward-looking information included in this presentation includes,
without limitation, the opportunity to leverage the First Cobalt refinery. Generally, forward-looking statements and forward-looking information can be identified by the use of forward-looking
terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or
variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements and
forward-looking information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the date of such statements, are
inherently subject to significant business, economic and competitive uncertainties and contingencies. The estimates and assumptions contained in this presentation, which may prove to be
incorrect, include, but are not limited to, the various assumptions of the Company set forth herein. Known and unknown factors could cause actual results to differ materially from those projected
in the forward-looking statements and forward-looking information. Such factors include, but are not limited to fluctuations in the supply and demand for cobalt, changes in competitive pressures,
including pricing pressures, timing and amount of capital expenditures, changes in capital markets and corresponding effects on the Company’s investments, changes in currency and exchange
rates, unexpected geological or environmental conditions, changes in and the effects of, government legislation, taxation, controls and regulations and political or economic developments or civil
unrest in jurisdictions in which the Company carries on its business or expects to do business, success in retaining or recruiting officers and directors for the future success of the Company’s
business, officers and directors allocating their time to other ventures, success in obtaining any required additional financing to make target acquisition or develop an acquired business, employee
relations, and risks associated with obtaining any necessary licenses or permits. Many of these uncertainties and contingencies can affect the Company’s actual results and could cause actual
results to differ materially from those expressed or implied in any forward-looking statements and forward-looking information made by, or on behalf of, the Company. There can be no assurance
that forward-looking statements and forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All
of the forward-looking statements and forward-looking information made in this presentation are qualified by these cautionary statements. Although management of the Company has attempted
to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that
cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake
to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws. Timelines used in this
presentation are for the purpose of aiding management in the planning and implementation of the project, and are not based on a detailed assessment of project requirements. Consequently, the
timelines are subject to material revision based on when technical reports and/or feasibility studies, if any, are completed. Future phases of the project are contingent upon completion of
preceding phases. Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction.
This presentation contains references to historical estimates. Dr. Frank Santaguida, P. Geo., is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral
Project (“NI 43-101”). Dr. Santaguida is also a Competent Person (as defined in the JORC Code, 2012 edition) who is a practicing member of the Association of Professional Geologists of Ontario
(being a ‘Recognised Professional Organisation’ for the purposes of the Australian Securities Exchange Listing Rules). Dr. Santaguida is employed on a full-time basis as Vice President, Exploration
for First Cobalt. He has sufficient experience that is relevant to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code and has reviewed and approved the
scientific and technical content in this presentation.
First Cobalt considers the Iron Creek cobalt and copper tonnage and grade estimates as historical estimates. The historical estimate does not conform to current CIM Definition Standards on
Mineral Resources and Mineral Reserves as outlined in NI 43-101 and have not been conformed to current CIM Definition Standards. FCC is not treating the historical estimates as current mineral
resources. A qualified person has not done sufficient work to classify the historical estimates as current mineral resources. More work, including drilling, will be required to conform the estimates
to current CIM Definition Standards. Investors are cautioned that the historical estimates do not mean or imply that economic deposits exist on the Iron Creek Property. FCC has not undertaken any
independent investigation of the historical estimates nor has it independently analyzed the results of the previous exploration work in order to verify the accuracy of the information. FCC believes
that the historical estimates are relevant to guide exploration on the Iron Creek Property.
Forward-Looking Statement
TSX.V: FCC ASX: FCC
OTCQX:FTSSF
3. 3
A vertically integrated North American pure
play cobalt company with three key assets:
1. Iron Creek Project (Idaho, USA)
Historic mineral resource estimate* (non-
compliant with NI 43-101) of 1.3M tons
grading 0.59% cobalt
2. First Cobalt Refinery
Only permitted cobalt refinery in North
America capable of producing battery
materials
3. Cobalt Camp (Ontario, Canada)
50 past-producing mines over 100 km2 in
historic mining camp
About First Cobalt
Corporate Overview
TSX Venture / ASX FCC
OTCQX FTSSF
Share Price (TSX.V Jun 12/18) C$0.60
52 week high/low C$1.65/C$0.42
Shares outstanding 335,838,989 basic
13,217,682 warrants
13,550,000 options
362,606,671 fully diluted
Ave. Daily Volume (20-day) 1,338,893 shares
Basic market capitalization C$202 million
Working Capital (Mar 31/18) Approx. C$25 million
*see pg. 2 for details
5. 5
Cobalt is largely a DRC-China Story
• 66% of the global production is in the Democratic Republic of Congo
• 80% of the cobalt chemical used in lithium-ion batteries is produced in China
• Another 10% from Finland, from a mine in Congo, majority-owned by a Chinese firm
2017 global mined production by country 2017 global cobalt refined supply
Source: Benchmark Mineral Intelligence
China 58%
80% of global
cobalt chemicals
production rising
DRC 66%
Expected to reach
72% by 2021
7. 7
DRC Supply Risks
New Mining Code Raises Royalties
•Royalty of up to 10% as cobalt classified as “strategic metal”
•New code also introduces 50% “super-profits” tax if commodity prices rise faster than expected
Gecamines Wants Larger Share of Revenue
•Plans to renegotiate with international partners, including Glencore and China Molybdenum, for larger share
of all mining contracts
Ethical Cobalt
•Child labour in artisanal mining puts pressure on end-users to look elsewhere
•Monitoring and tracing mechanisms being developed to certify “clean cobalt” in smartphones and EVs
Geopolitical Instability
•Never had a peaceful transition of power
•President Kabila has thus far refused to step down
8. 8
Cobalt Outside the DRC?
7%
3%
5% 1%
45%
38%
147 Mt
Terrestrial & Ocean Floor Deposits
Sediment-hosted stratiform Cu-Co Magmatic Ni-Cu(-Co-PGE) sulphide
Ni-Co laterite Other terrestrial
Seafloor Fe-Mn(-Ni-Cu-Co-Mo) nodules Seafloor Fe-Mn(-Co-Mo-REE) crusts
41%
15%
36%
8%
25.5 Mt
Terrestrial Deposits
Sediment-hosted stratiform Cu-Co
Magmatic Ni-Cu(-Co-PGE) sulphide
Ni-CO laterite
Other terrestrial
• Lots of cobalt in the world
• But cobalt has never been a focus of exploration
United States Geological Survey Estimates
9. 9
First Cobalt Refinery
Only fully permitted refinery
in North America capable of
producing battery-grade
cobalt material
50 past producing mines
on 11,700 hectares
Canadian Cobalt Camp
Iron Creek Project
Historic Resource of 1.3M
tons grading 0.59% cobalt
and 0.3% copper*
Mineral Resource
by October 2018
Iron Creek
Tesla Plant
Tesla Gigafactory
Google Headquarters
Apple Headquarters
Honda Plant
GMC Plant
GMC Plant
Chrysler Plant
Ford Plant
Toyota Plant
GMC Plant
Ford Plant
Chrysler Plant
North American Cobalt Solution
LG Chem
12. 12
Idaho Cobalt Belt
• Well-known mining district considered to contain
largest unmined resources in the U.S.
• District estimated at 16.8 Mt at 0.74% Co, 1.37%
Cu and 1.04 g/t Au (U.S. Geological Survey, 2017)
• Belt includes former producing Blackbird Mine
(1902-1968) and several other developed
prospects
• District extends over 60 km in strike length
13. 13
Located in Central Idaho, approximately 42 km from
the town of Salmon
• 727 hectares (1,797 acres) on 90 lode mining
claims with 9,100m of historic drilling
• Historic resource estimate (1980)
• New mineral resource expected in 2018
Mining patents at project area
• Shorter permitting timeline
Infrastructure already in place
• 600m of underground development from
3 adits
• All weather road connecting to highway 93
Iron Creek Cobalt Project
13
14. 14
• Historic estimate (circled area) of 1.3M tons
grading an average of 0.59% cobalt and 0.3%
copper*
• 460m of strike length (Noranda, 1980)
• Mineralization-style is semi-massive and
disseminated pyrite and chalcopyrite within
argillaceous sedimentary rocks
• Cobalt dominantly within fine grained
massive pyrite
• 2018 drilling aims to double the strike length
to 900 metres
• Stratigraphic sequence mapped at surface
and by drilling to extend along strike for
two kilometres
Iron Creek Geology
* Non-compliant with NI 43-101, see page 2 for details
15. 15
• 2017 – 40 drill holes and over
10,800m from surface
• Results confirm historic
mineralization
• Broader cobalt mineralization
zones in some areas
• NI 43-101 resource estimate
expected in October 2018
• 2018 – 70 drill holes and 30,000m
• Extend strike to 900m
• M&I infill drilling on maiden
resource area (460m strike)
• Testing dip extension of No Name
Zone and Waite Zone
2017-2018 Drilling
16. 16
Cross Section
• Drilling confirmed Waite Zone parallel to the historic No
Name zone
• Good continuity across the mineralized zones
• Both zones believed to extend to surface
HOLEID From_m To_m Width_m Co_pct Cu_pct Zone
IC17-21 39.32 56.21 16.89 0.29 0.25 No Name
including 53.00 56.21 3.21 0.53 0.33
IC17-21 82.78 90.53 7.74 0.16 0.41 Waite
IC17-21 108.81 112.90 4.08 0.55 0.01 Footwall_2
IC17-22 94.79 106.07 11.28 0.04 0.93 No Name
IC17-22 198.18 205.89 7.71 0.38 0.00 Waite
IC17-22 271.4244 278.4043 6.98 0.47 0.07 Footwall_2
IC17-23 60.90 68.28 7.38 0.28 0.21 No Name
IC17-23 121.4933 133.81 12.31 0.15 0.02 Waite
18. 18
• Hydrometallurgical cobalt-silver-nickel refinery
located in Cobalt, Ontario, commissioned in 1996
• The only fully permitted cobalt extraction refinery
in North America
• US$100 million replacement value (est.)
• Permits and processing infrastructure support a
fast-track to production
• Accessible by rail
Permitted Refinery
18
19. 19
North American Cobalt Processing Capability
Refinery Aerial
• Current facility on 40 acres, expandable to 120 acres, all fully permitted
• Bench-scale metallurgical studies underway for flowsheet design
• Expansion and recommissioning study in progress
• Facility has been on care and maintenance since 2015
Autoclave
20. 20
Opportunities for Early Cash Flow
• Sources of early cash flow
1. Third party mine or recycle feed material
2. Mill and refinery residue material
3. Historic muckpiles covering 50 mines
throughout the Cobalt Camp
• Infrastructure includes road, rail, power, patented
land, mining leases and a 100 tpd mill
• Mill equipment includes ball mill, shaker
tables, Knelson concentrator, jig and mobile
equipment
• Assessment underway across several muckpiles
and higher grade stockpile material
• Representative sampling program underway
• Testing ore sorting technology
Crushed Muckpiles
Muckpile Samples
22. 22
Historic Canadian Cobalt Camp
• First Cobalt controls 45% of the Cobalt Camp,
including 50 past producing mines
• Historically the most prolific cobalt mining camp
in Canada
• 50 million pounds of cobalt and 600
million ounces of silver mined over a 60-
year period
• Peak production from 1919 to 1931
• Limited historic exploration, focused on silver
• Never explored for cobalt or bulk mining
potential
• Shallow mining, typically < 200m depth
23. 23
Kerr Mineralized Zone
• Mineralized zone at Kerr #2 target has strike length
of over 350m
• Considered to be continuous based on oriented
core measurements
• Zone is a polymetallic network of veins and
disseminated mineralization
• Co, Ag, Cu, Pb, Zn
• Open along strike – drilling is ongoing
Intercepts include:
10.4m of 0.15% Co incl. 0.3m of 0.75% Co
4.6m of 0.27% Co incl. 0.3m of 0.44% Ni
5.0m of 0.10% Co incl. 0.3m of 1.45% Co, 940 g/t Ag
2.0m of 0.32% Co, 208 g/t Ag incl. 0.3m of 3.81% Co,
1,225 g/t Ag
8.0m of 31 g/t Ag
Nipissing
Diabase
24. 24
2018 Drill Program
Est. Metres Prospect
3,000 Bellellen, Keeley, Frontier
3,500 Kerr, Drummond, Conisil
4,000 Hamilton, Juno, Ophir
1,500 Caswell
1,500 Silver Banner
2,000 New Lake Region
3,000 Cross Lake Region
2,000 Maiden Lake Region
3,000 Silverfields
• 26,500m drilling on 15 different targets,
testing different geological settings
• Downhole geophysical surveys; televiewer
• Soil geochemistry
• Ground geophysics prior to drilling
25. 25
Planned Milestones
May17,2018
May31,2018
H22018
2019
US Cobalt/First
Cobalt transaction
expected to close
Iron Creek
• Metallurgical work
• Resource Estimate
• Extension Drilling
• Environmental studies
• Follow up drilling at Kerr #2
• Testing other prospective
targets
Canadian Cobalt Camp
First Cobalt Refinery
• Metallurgical work
• Technical report on restart
Iron Creek
• Infill and step-out drilling
• Preliminary Economic
Assessment
• Permitting
Canadian Cobalt Camp
• Advanced exploration
program for identified targets
First Cobalt Refinery
• Source early feedstock
• Detailed engineering for Iron Creek