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Idaho Champion Gold Mines poised to advance its cobalt projects after striking MoU

Idaho Champion Gold Mines poised to advance its cobalt projects after striking MoU

Idaho Champion (CSE:ITKO, OTCQB:GLDRF) Gold Mines Canada Inc CEO Jonathan Buick tells Proactive it is set to strike a deal with a Far East-based battery group to advance its four strategic cobalt projects in Idaho, USA. The junior explorer has inked a non-binding memorandum of understanding (MOU) with the battery company, which will remain confidential under the non-disclosure agreement (NDA), envisaging a joint venture deal with a multi-phase exploration program worth US$5 million over three years.