VANCOUVER — eCobalt Solutions (TSX: ECS; US-OTC: ECSIF) hopes to restart construction at its Idaho Cobalt project (ICP) next year, which could set the stage for first production in early 2020. The site is located in east-central Idaho, roughly 40 km due west of the town of Salmon.
On Sept. 27, the company released a feasibility study (FS) modelling an underground mine that would annually produce 2.4 million lb. of cobalt, 3.3 million lb. of copper, and 3,000 oz. of gold over a 12.5 year life.
The permitted project leverages 725-tonnes-per-day in mill infrastructure that has been on care and maintenance since 2013, due to low commodity prices.
The company invested US$65 million in development initiatives before shelving the project around three years ago, which included earthworks, a ball mill, flotation and filtration circuits, pumps, grizzlies, hoppers and conveyors.
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