Jervois Global Commences Drilling on Sunshine Deposit Adjacent to ICO; Costs Refundable by U.S. Department of Defense
2023-08-01 18:50:37 Mr. Bryce Crocker reports: Highlights: Jervois commences US$2.4 million surface drilling campaign at Sunshine deposit, fully-refundable by the United States (“U.S.”) Government per the previously announced Department of Defense (“DoD”) Defense Production Act (“DPA”) Title III US$15.0 million funding agreement Sunshine is an historic resource adjacent to Jervois’ 100% owned ICO deposit; […]
Expansion drilling consolidates RAM deposit extension at Jervois’ ICO
2023-02-20 17:12:48 Highlights: In-fill and expansion drilling campaigns at Jervois’s 100% owned Idaho Cobalt Operations (“ICO”) conducted throughout 2022 continue to return promising results, with all assayed drill results from last calendar year now returned oo3.1 metres calculated true width (“CTW”) @ 0.43% cobalt […]
Jervois Global Drilling Confirms RAM Deposit Expansion at ICO
2023-01-30 07:16:21 ICO is the only cobalt mine in the United States, with infill and expansion drill results increasing confidence in the mineral resource. Jervois expects that over time the ability to operate ICO for a longer mine life can be achieved, and at potentially higher production […]
Jervois Global Draws US$51 Million Bond to Complete Construction of ICO
2022-07-19 17:37:59 Victoria, Australia – TheNewswire – July 19, 2022 – Jervois Global Limited (“Jervois” or the “Company”) (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) has received confirmation from Nordic Trustee AS that the second and final draw down of US$51 million of its subsidiary’s bond offering (the “Bonds”) proceeds from the escrow account (the balance of the initial […]
Jervois’ ICO on Track for Q3 2022 Commissioning
2022-06-23 19:24:29 Highlights: Idaho Cobalt Operations (“ICO”) capital project schedule and costing review has led to Jervois Board approving a revised construction budget of US$107.5 million, up from US$99.1 million. This includes a rise in remaining (unused) contingency to US$3.8 million Once in production, ICO […]
Jervois Global Commits Further US$3.6 Million to ICO Drilling
2022-06-23 17:49:21 Highlights: Jervois Board has now approved an additional US$3.6 million drilling campaign to further define and expand the RAM deposit at ICO – from both additional underground positions, and also step out resource expansion holes targeting new mineralization from surface Once in production, […]
Jervois Global US$50 million bond drawdown to fund ongoing construction of ICO
2022-02-07 07:19:59 7 February 2022 – TheNewswire – Jervois Global Limited (“Jervois” or the “Company”) (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) has completed the first of two drawdowns of 50% of the US$100 million bond offering (the “Bonds”) proceeds from the escrow account, as contemplated by the terms of the Bonds. First drawdown on the Bonds follows […]
Jervois Global: ICO on Track for Cobalt Production in Third Quarter 2022
2021-12-15 16:48:20 Highlights: Estimated total capital expenditure to bring ICO into production in 2022 revised to US$99.1 million (previously US$92.6 million) construction cost, principally due to market and inflationary pressures in the western United States With the construction and commissioning cost and schedule update, […]