The DUP Claims, located 6 km south of the Blackbird Mine, sit adjacent to and south of International Cobalt’s Blackbird Creek Project. Underlain by favorable Yellowjacket Formation geology and potential extensions of mineralized trends seen on the Company’s Blackbird Creek Project these claims would significantly increase the discovery potential at Blackbird. . Three copper cobalt occurrences exist on the project discovered by the Idaho Geological Survey; the French Gulch Mine, Victory, and Dupis.
SC Claims 144 Claims totaling 1165 Hectares
The SC Claims are located one km north of Ecobalt’s Blackpine copper cobalt project. The Blackpine Project is host to stratiform sulphide mineralization found in massive sections which typically contain pyrite and chalcopyrite. Aside from the copper rich strata, there are several narrower cobalt-gold rich arsenopyrite-bearing beds present in the copper mineralized section. A non-43-101 compliant reserve of 340,000 tons grading 3.5% copper was delineated in the 1960’s.. The SC Claims are on strike with and underlain by similar geology to that of the Black Pine Project.
TP & Badger Claims – 277 Claims totaling 3051 Hectares
The TP claims are host to the Twin Peaks Copper mine and are surrounded by the Badger claims located in Badger Basin. The Twin Peaks mine has historically been described having broad shear zones of modest grade copper mineralization. In 1996 Formation Capital reported copper results of 2% over a 50 feet in width on the Badger Claims. zone. There is one claim on the Twin Peaks Mine and International Cobalt will hold all claims that surround the mine in prospective geology.
IP & GS Claims – 100 Claims totaling 809.4 Hectares
The IP and GS Claims are 2 km north of the Ulysses Mine, a historic gold/silver producer located in the Yellowjacket formation which is associated with Cobalt mineralization in the Region. Two Cobalt occurrences have already been identified on the site, “East Fork” and “Gramlich”. Historic Drill work was done on the site by Noranda and Cominco in the 1960’s and `1970’s International Cobalt will pursue efforts to delineate and confirm that historic work.