Our focus is on the exploration and development of our assets across our cobalt, lithium and graphite projects in North America and South Korea. We continue to assess additional land opportunities in North America.
BMR's exploration resulted in a maiden NI 43-101 resource at our McAra project. The McAra project is one of BMR's ten district prospects in Canada. It is a narrow high-grade deposit, open at depth with additional prospects to the west and south. Large, intense magnetic and radiometric anomalies indicate the potential for widespread cobalt mineralization.
BMR's focus on over 5000 meters of cobalt-oriented exploration drilling has outlined two parallel zones of outcropping cobalt sulphide veins, breccia and massive sulphides at McAra. The McAra target has and will continue to be the focus of intense exploration.
Recent Exploration Activities at McAra
An extensive drill campaign is underway to continue exploration. The cobalt grade comparison of McAra relative to peers indicates the potential of the asset.