# Cobalt Miners News For The Month Of February 2023 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-february-2023--ca413ace-4703-4f22-8f4d-6f7b8e3ad514 Original source: https://money.tmx.com/en/quote/FTMDF/news/6965117555543191/cobalt-miners-news-for-the-month-of-february-2023 Publisher: tmx Original announcement: 2023-02-22T16:59:37.000Z 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: Nickel, Copper, Lithium, Manganese, Silver, Lead, Zinc - Document categories: Drill results, Other - Extracted: 2026-09-17 23:10:47 UTC Narrative sentiment: -0.40 · Bearish ## Minestarters Atlas summary A monthly news summary for the cobalt sector in February 2023, highlighting a significant slump in cobalt spot prices and a surplus in supply. It includes corporate updates from Glencore, Jervois Global, Electra Battery Materials, and others. Reasoning: Monthly news aggregator reporting a significant downturn in cobalt prices and market demand, alongside various corporate updates from major miners. - Negative factor: significant drop in cobalt spot prices - Negative factor: surplus supply from mines - Negative factor: limited demand from consumer electronics 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 mentions various companies and their proximity to specific projects or markets, though it is an aggregator. Evidence · text > Cobalt miners news ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### WFDH548 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-february-2023--ca413ace-4703-4f22-8f4d-6f7b8e3ad514#fact-drill-facts-0) Walford Creek · copper #### Identity - Hole ID: WFDH548 - Project: Walford Creek - Commodity: copper - Region: china - Reported Region: china - Ticker: FTMDF #### Geometry - Grade: 1.54 - Grade Unit: % - Intercept: 98 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: WFDH548:0-98 - Mining Method: unknown #### Location - Location: Amy West - Loc. Confidence: medium - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-22T00:00:00.000Z Reasoning: Large intercept of 98m at 1.54% Cu is a significant exploration result. - Positive factor: exceptional intercept width and grade Evidence · text > 98.0 m at 2.56% recoverable CuEq\* \(1.54% Cu, 0.17% Co, 1.5% Pb, 0.38% Zn, 0.08% Ni, 37.5g/t Ag\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ### WFDH548 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-february-2023--ca413ace-4703-4f22-8f4d-6f7b8e3ad514#fact-drill-facts-1) Walford Creek · cobalt #### Identity - Hole ID: WFDH548 - Project: Walford Creek - Commodity: cobalt - Region: china - Reported Region: china - Ticker: FTMDF #### Geometry - Grade: 0.17 - Grade Unit: % - Intercept: 98 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: WFDH548:0-98 - Mining Method: unknown #### Location - Location: Amy West - Loc. Confidence: medium - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-22T00:00:00.000Z Reasoning: Part of an exceptional CuEq intercept. Evidence · text > 0.17% Co #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ### WFDH548 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-february-2023--ca413ace-4703-4f22-8f4d-6f7b8e3ad514#fact-drill-facts-2) Walford Creek · lead #### Identity - Hole ID: WFDH548 - Project: Walford Creek - Commodity: lead - Region: china - Reported Region: china - Ticker: FTMDF #### Geometry - Grade: 1.5 - Grade Unit: % - Intercept: 98 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: WFDH548:0-98 - Mining Method: unknown #### Location - Location: Amy West - Loc. Confidence: medium - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-22T00:00:00.000Z Reasoning: Secondary metal in exceptional intercept. Evidence · text > 1.5% Pb #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ### WFDH548 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-february-2023--ca413ace-4703-4f22-8f4d-6f7b8e3ad514#fact-drill-facts-3) Walford Creek · zinc #### Identity - Hole ID: WFDH548 - Project: Walford Creek - Commodity: zinc - Region: china - Reported Region: china - Ticker: FTMDF #### Geometry - Grade: 0.38 - Grade Unit: % - Intercept: 98 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: WFDH548:0-98 - Mining Method: unknown #### Location - Location: Amy West - Loc. Confidence: medium - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-22T00:00:00.000Z Reasoning: Secondary metal in exceptional intercept. Evidence · text > 0.38% Zn #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ### WFDH548 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-february-2023--ca413ace-4703-4f22-8f4d-6f7b8e3ad514#fact-drill-facts-4) Walford Creek · nickel #### Identity - Hole ID: WFDH548 - Project: Walford Creek - Commodity: nickel - Region: china - Reported Region: china - Ticker: FTMDF #### Geometry - Grade: 0.08 - Grade Unit: % - Intercept: 98 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: WFDH548:0-98 - Mining Method: unknown #### Location - Location: Amy West - Loc. Confidence: medium - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-22T00:00:00.000Z Reasoning: Secondary metal in exceptional intercept. Evidence · text > 0.08% Ni #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ### WFDH548 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-february-2023--ca413ace-4703-4f22-8f4d-6f7b8e3ad514#fact-drill-facts-5) Walford Creek · silver #### Identity - Hole ID: WFDH548 - Project: Walford Creek - Commodity: silver - Region: china - Reported Region: china - Ticker: FTMDF #### Geometry - Grade: 37.5 - Grade Unit: g/t - Intercept: 98 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: WFDH548:0-98 - Mining Method: unknown #### Location - Location: Amy West - Loc. Confidence: medium - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-22T00:00:00.000Z Reasoning: Secondary metal in exceptional intercept. Evidence · text > 37.5g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ## 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.