LONGFORD TO ACQUIRE TWO HIGH GRADE COBALT-COPPER PROJECTS IN THE USA HIGHLIGHTS
Agreement to acquire 100% interest in two high grade Cobalt-Copper Projects in the USA: o the Colson Cobalt-Copper Project (Idaho); and o the Goodsprings Cobalt-Copper Project (Nevada)
Experienced resource development and capital markets executives, Mike Haynes and Richard Hill, to assume the roles of Managing Director and Non-Executive Chairman of Longford
Strong prevailing cobalt market conditions forecast to continue with a shortage of reliable supply and increasing technology fuelled demand
Projects ideally located in stable, mining friendly jurisdictions with direct access to the north American end product market
Extensive historic project data and in-country management team provide an opportunity to rapidly advance on-ground exploration and project development
Considerable potential to rapidly delineate high-grade cobalt-copper resources using modern exploration techniques and drilling
Immediate exploration programs planned for the Colson and Goodsprings CobaltCopper Projects in conjunction with ongoing drilling at the Keel Zinc Project in Ireland THE COLSON COPPER-COBALT PROJECT, IDAHO
Located in the USA’s premier high-grade cobalt district, the I
