Lemhi County Cobalt Exploration Properties
Redcastle Project
Overview
Redcastle is one of Phoenix’s early-stage cobalt exploration properties located within the Idaho Cobalt Belt in Lemhi County. An earn-in agreement has been signed with Electra Battery Materials, a Canadian junior mining company developing the Iron Creek project which adjoins the Redcastle property. The Redcastle property is comprised of 30 unpatented mining claims totaling 2.43 square kilometers. A 2023 field program discovered a previously unknown copper anomaly within the Earn-In Agreement’s Area of Interest.
News
About the Idaho Cobalt Belt
The Idaho Cobalt Belt is a region in central Idaho known for its significant deposits of cobalt, a critical metal. The surge in demand for the essential metals that support global efforts to transition to cleaner energy solutions has led to increased activity on the cobalt belt in recent years. Cobalt is designated as a critical mineral by the U.S. government due to its essential use in renewable energy and defense applications.
Bighorn Project
Overview
The Bighorn Project is an early-stage cobalt exploration project comprised of 29 unpatented mining claims covering 2.35 square kilometers. The claims adjoin the historic Salmon Canyon copper-cobalt mine, a former producing mine. Both the Bighorn and Redcastle properties are located on the Idaho Cobalt Belt near Salmon, Idaho.
News
About the Idaho Cobalt Belt
The Idaho Cobalt Belt is a region in central Idaho known for its significant deposits of cobalt, a critical metal. The surge in demand for the essential metals that support global efforts to transition to cleaner energy solutions has led to increased activity on the cobalt belt in recent years. Cobalt is designated as a critical mineral by the U.S. government due to its essential use in renewable energy and defense applications.