# Cobalt Miners News For The Month Of April 2023

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-april-2023--51917714-f9cf-40b1-b58b-49437467eead

Original source: https://money.tmx.com/en/quote/FTMDF/news/6884466945480680/cobalt-miners-news-for-the-month-of-april-2023

Publisher: tmx

Original announcement: 2023-04-25T10:05:21.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Unavailable

- Ticker: FTMDF

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Cobalt

- Secondary commodities: Copper, Gold, Lithium, Nickel, Manganese, Graphite, Rare earths

- Document categories: Resource update, Other

- Extracted: 2026-09-17 23:11:42 UTC

Narrative sentiment: 0.00 · Neutral

## Minestarters Atlas summary

A monthly news summary for the cobalt sector covering April 2023. It includes cobalt spot price trends, market supply/demand forecasts, and corporate updates for various miners including Glencore, CMOC, and Jervois Global.

Reasoning: The document is a monthly news aggregator summarizing various cobalt market updates, pricing, and corporate news across multiple companies. It does not contain new primary data from the issuer itself.

Facts used in scoring: 6

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The document discusses multiple projects and companies in the cobalt sector rather than a single discovery.

Evidence · text

> Cobalt Miners News For The Month Of April 2023

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Resource Estimates (6)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-april-2023--51917714-f9cf-40b1-b58b-49437467eead#fact-resource-facts-0)

Idaho Cobalt Operations · cobalt

#### Identity

- Project: Idaho Cobalt Operations
- Commodity: cobalt
- Region: usa\_id
- Reported Region: Idaho
- Ticker: FTMDF

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:a0f63eb0a34992d5a785
- Deposit or zone: ICO
- Mining method: other
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 3780000
- Grade: 0.52
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-04-25T00:00:00.000Z

Reasoning: Updated M&amp;I resource shows grade improvement for cobalt.

- Positive factor: Grade improvement

Evidence · text

> Updated ICO Measured and Indicated \("M&amp;I"\) MRE at 3.78 million metric tonnes \("Mt"\) grading 0.52% cobalt \("Co"\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-april-2023--51917714-f9cf-40b1-b58b-49437467eead#fact-resource-facts-1)

Idaho Cobalt Operations · copper

#### Identity

- Project: Idaho Cobalt Operations
- Commodity: copper
- Region: usa\_id
- Reported Region: Idaho
- Ticker: FTMDF

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:a0f63eb0a34992d5a785
- Deposit or zone: ICO
- Mining method: other
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 3780000
- Grade: 0.84
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-04-25T00:00:00.000Z

Reasoning: Updated M&amp;I resource shows significant copper grade improvement.

- Positive factor: Grade improvement

Evidence · text

> 0.84% copper \("Cu"\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-april-2023--51917714-f9cf-40b1-b58b-49437467eead#fact-resource-facts-2)

Idaho Cobalt Operations · gold

#### Identity

- Project: Idaho Cobalt Operations
- Commodity: gold
- Region: usa\_id
- Reported Region: Idaho
- Ticker: FTMDF

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:a0f63eb0a34992d5a785
- Deposit or zone: ICO
- Mining method: other
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 3780000
- Grade: 0.54
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-04-25T00:00:00.000Z

Reasoning: Updated M&amp;I resource shows gold grade improvement.

- Positive factor: Grade improvement

Evidence · text

> 0.54 grams per metric tonne of gold \("g/t Au"\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-april-2023--51917714-f9cf-40b1-b58b-49437467eead#fact-resource-facts-3)

Idaho Cobalt Operations · cobalt

#### Identity

- Project: Idaho Cobalt Operations
- Commodity: cobalt
- Region: usa\_id
- Reported Region: Idaho
- Ticker: FTMDF

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:ea8b3237e222d91c26b7
- Deposit or zone: ICO
- Mining method: other
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1590000
- Grade: 0.51
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-04-25T00:00:00.000Z

Reasoning: Updated Inferred resource shows grade improvement for cobalt.

- Positive factor: Grade improvement

Evidence · text

> Updated Inferred Resources increased grade... with updated tonnage of 1.59Mt @ 0.51% Co

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-april-2023--51917714-f9cf-40b1-b58b-49437467eead#fact-resource-facts-4)

Idaho Cobalt Operations · copper

#### Identity

- Project: Idaho Cobalt Operations
- Commodity: copper
- Region: usa\_id
- Reported Region: Idaho
- Ticker: FTMDF

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:ea8b3237e222d91c26b7
- Deposit or zone: ICO
- Mining method: other
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1590000
- Grade: 0.92
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-04-25T00:00:00.000Z

Reasoning: Updated Inferred resource shows significant copper grade improvement.

- Positive factor: Grade improvement

Evidence · text

> 0.92% Cu

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-april-2023--51917714-f9cf-40b1-b58b-49437467eead#fact-resource-facts-5)

Idaho Cobalt Operations · gold

#### Identity

- Project: Idaho Cobalt Operations
- Commodity: gold
- Region: usa\_id
- Reported Region: Idaho
- Ticker: FTMDF

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- Resource group id: resource:ea8b3237e222d91c26b7
- Deposit or zone: ICO
- Mining method: other
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1590000
- Grade: 0.65
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-04-25T00:00:00.000Z

Reasoning: Updated Inferred resource shows gold grade improvement.

- Positive factor: Grade improvement

Evidence · text

> 0.65 g/t Au

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
