Overview

First Cobalt is focused on building a North American supply of cobalt.  The Company is a non-DRC cobalt company with three significant North American assets:

1. the only permitted cobalt refinery in North America capable of producing battery materials.
2. the Iron Creek Project in Idaho, which has Inferred mineral resources of 26.9 million tonnes grading 0.11% cobalt equivalent (Sept. 2018);
3. and the Greater Cobalt Project in the Canadian Cobalt Camp, with more than 50 past producing mines;

Investment Highlights

North American Solution

• Majority of cobalt is mined in the DRC and  processed in Asia
• High grade deposits, with low capex and simple metallurgy
• Opportunity for a vertically integrated solution for cobalt in North America

Fully Permitted Refinery

• Only permitted cobalt extraction refinery capable of producing battery material in North America
• Potential to process feed from Iron Creek or third party material
• Easily accessed by rail, using existing infrastructure, from anywhere in North America

And a Pathway to Cobalt Production

• Inferred mineral resources of 26.9 million tonnes grading 0.11% cobalt equivalent* on patented property in Idaho
• Among the largest pure-play cobalt exploration and development company in the world
• Strong management with global experience in exploration and development