“They're located within 200 km of Oslo, and have excellent infrastructure and year-round access via paved roads and highways,” commented Cruz president James Nelson.
He added that the second half of this year is expected to be a very active period for the company as it will also start operations at its various cobalt prospects in North America.
It has five cobalt projects in Ontario, Canada, two in British Columbia, Canada, and one each in Idaho and Montana, in the US.
Operations are due to start soon at the War Eagle and Purcell prospects in British Columbia.