0.4% Cobalt in Grab Samples and Core

Copper Lake Cobalt

Mine Details

Commodity: Cobalt, Copper
Location: Canada, Nova Scotia
Terms: Negotiable
Price: $75,000

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An old copper mine has minimal testing for Cobalt, but has tested as high as 0.4% in grab samples and core. Values of over 0.7% bismuth were also returned.


Located in Cape Breton, Nova Scotia, Canada, in a rural area but drive right to it.


The Copper Lake property has a (now filled in) shaft to the 30 metre level, with some drifting. At least 26 holes were drilled on the property, mainly for copper, but values up to 0.4% were obtained in grab samples and core. Few of the holes were analysed for Cobalt. The area hosting the highest Cobalt values has just a few holes. The mineralization also includes significant percentages of arsenopyrite, bismuthinite, chalcopyrite, cubanite, galena, magnetite, molybdenite, pyrite, pyrrhotite and sphalerite, in hornefelsed, calc-silicate rich meta-volcanics.


The area occurs in Cambrian Meta-volcanics.


Discovered in the 1870's, most of the drilling was done in the 1950's, with just 6-8 holes drilled since then. Few were analyzed for Cobalt.


The Bismuth may be as valuable as the Cobalt.