International Cobalt Acquires District-Scale Gold-Cobalt Project, Idaho
Published: March 15, 2019 |
International Cobalt Corp. has acquired by staking, the JA Project located in the cobalt region of Lemhi County, Idaho.
The project is located within a geological trend that is prospective for cobalt and gold mineralization in the area of the Idaho Cobalt Belt (ICB). Based upon the company’s research and observations in the area, the 15 kilometre long “Jackass Zone” parallels the over-simplified trend of the ICB. Some researchers have connected the historical Blackbird mine, the Blackpine prospect and the Iron Creek deposit with a straight line to create the ICB. Detailed observations of the US Geological Survey Open File Report 90-0234A demonstrate that the properties of the Yellowjacket Formation rocks southeast of the ICB are amenable for cobalt mineralization. Observations include variably magnetic siltite beds of the Yellowjacket formation, and cobalt-bearing pyrite at another location.
The project is located approximately 25 km southwest of Revival Gold’s Beartrack gold deposit. Geologically, the project has the potential to host gold mineralization that is similar to other deposits located along the Panther Creek graben within the major northeast-trending Trans-Challis Structural Zone (TCSZ) (known as the Great Falls Tectonic Zone in Montana). This structural zone provides a controlling effect on the location of volcanic vents, dikes, mineralization, and normal faulting along its length. The TCSZ is about 260 kilometres long and has been active since Precambrian time. Gold deposits associated with the TCSZ include the Beartrack gold deposit (historical mines and current resources of Revival Gold), the historical Yellowjacket gold mines, the historical Grouse Creek gold mines, the Humbug gold prospect and other past producers to the northeast and southwest.
About International Cobalt
International Cobalt Corp., is a Canadian based mineral exploration and development business focusing on the burgeoning cobalt sector. The company seeks to add shareholder value by sourcing and developing projects in safe, progressive jurisdictions adhering to strict environmental, and social standards. The company has projects in the Idaho Cobalt belt, one of the premier locations to explore for primary cobalt deposits and in Atlantic Canada with a rich history of mine development and operation. International Cobalt is well funded to pursue its objectives.
To stop by International Cobalt’s website, CLICK HERE
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