cobalt

Chilean Cobalt Corp. closed a brokered private placement on Dec 3 2025, raising $3 million by issuing 6 million common shares at $0.50 each to a Glencore subsidiary and Madesul. DA Davidson acted as lead agent. Net proceeds will fund exploration at La Cobaltera and El Cofre, district consolidation, ESG due‑diligence, and general corporate needs. The strategic investors bring critical‑minerals expertise, market reach, and local operational capability, supporting the company’s growth in Chile’s emerging cobalt sector.

Makenita Resources (KENYF) is set to begin its maiden drilling program at the Hector Silver Project in British Columbia. The program, focusing on silver and cobalt targets, will test geological models based on historical data and recent fieldwork, including the Block 9 silver anomaly and the South Keora shaft. The company aims to validate historical mineralization reported on the property and unlock exploration potential. Past results from the area do not automatically indicate potential for the company’s land, cautioning readers to consider previous data carefully.