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Fe Limited pursuing DRC cobalt strategy with new flagship Kasombo Project

Fe Limited (ASX:FEL) non-executive chairman Tony Sage speaks to Proactive Investors about the exploration and development company's new flagship Kasombo Cobalt Project in the DRC, as well as its operations and asset portfolio as a whole.

Of Kasombo, Sage says, "we've done a lot of drilling work there already, we've hit some fantastic copper results with some cobalt in it... we've just completed a soil sampling and trenching program, and some of the results were absolutely fantastic."

In Western Australia's Bryah Basin, Fe Limited looks set to benefit from increased activity by Sandfire Resources NL (ASX:SFR), through its various joint ventures in the area.

Quick facts: Fe Limited

Price: 0.029 AUD

Market: ASX
Market Cap: $14.7 m

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on 28/5/19

2 min read