Ann: Acquisition of High Grade Rusty Lake Cobalt-Silver Mine, page-17

Hi Guys,

An interesting proposition and one that I only stumbled across today.

In my initial reading on the Co 'opportunity' I think that it is important to read the history of mining around the area of "Cobalt" in the early 20th Century where MTC's Co assets are located.

You'll soon realise that the area is one of the most polluted locations in Canada, partly due to the high concentration of As in the Silver ore, of which Co was associated with.

When you look through the assays of the Rusty Lake grab samples you'll see >10,000 ppm As within most of the assays.

Whilst I am not a geologist/ metallurgist this has certainly attracted my attention as I know it is a huge issue for various other miners (e.g. gold) and in a Country such as Canada it could be quite prohibitive/ costly to deal with (as it should be).

Not dismissing this but just flagging it. I will try and find out more.

Cheers
john