logo-loader
viewCape Lambert Resources Limited

Cape Lambert seeing ‘extreme’ interest from potential offtakers for Kipushi concentrate

Tony Sage, executive chairman for Cape Lambert Resources Ltd (ASX:CFE) speaks to Proactive Investors from Mines and Money Asia, where he says sentiment is buoyant on cobalt.

The company recently acquired two synergistic cobalt copper tailings projects, in the Democratic Republic of Congo (DRC) and 170km away in neighbouring Zambia.

A Pre-Feasibility Study (PFS) for the DRC project is due out in three months, with production expected to start within the year. Meanwhile, test results on a 50kg ore sample from the Zambia Project are due out in 2 - 3 weeks.

Quick facts: Cape Lambert Resources Limited

Price: 0.005 AUD

ASX:CFE
Market: ASX
Market Cap: $5.41 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Cape Lambert Resources Limited named herein, including the promotion by the Company of Cape Lambert Resources Limited in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Cape Lambert Resources posts maiden JORC resource for Kipushi Cobalt-Copper...

Cape Lambert Resources Ltd (ASX:CFE) executive director Tony Sage updates Proactive Investors on the company's maiden JORC-compliant resource for its Kipushi Tailings Project in the Democratic Republic of Congo.   Sage says the maiden resource "validates" the company's entry into...

on 8/5/19

2 min read