COBALT

Yesterday KNI announced it has hit what looks like cobalt mineralisation at its cobalt project in Norway.

Using a diamond drill rig, KNI has just started a 2,800m drilling program across 7 different holes at three of its highest priority cobalt targets.

Our battery metals exploration investment, Kuniko (ASX:KNI), is just 18 days away from drilling a trio of big cobalt targets in Norway.

The next couple of months could prove to be a big period for KNI because with drilling permits now secured, they can start drilling in the first week of May.

It’s no secret that we have been eagerly looking forward to the IPO of Vulcan’s “Zero Carbon copper, nickel and cobalt” spin out company Kuniko (ASX:KNI) - today we add KNI to our portfolio.

Having almost singlehandedly spurred the mainstream auto industry towards an electric powered future, Tesla’s chief executive, Elon Musk, is now pushing the industry to seek out more high purity manganese to power its vehicles. This could have positive ramifications for Euro Manganese Inc (ASX: EMN).

In the exploration game for an outsized, Nova style nickel discovery, and given the track record of its major shareholder and its geologist management team, this ASX junior has one of the best chances in the resurgent Fraser Range.

Furthering its investment in the battery minerals space and its exposure to the electric vehicle revolution, Delecta (ASX:DLC) has announced its intent to acquire the Copper Ridge project in Utah, USA.

One ASX listed diversified metals explorer has just released extremely high-grade graphite results that could put it on the global graphite map.

Since we first crossed paths with Accelerate Resources (ASX:AX8), this fast-moving ASX junior has been flush with news flow.

This emerging ASX play is in the process of completely rewriting its history.

Meteoric Resources (ASX:MEI) has assembled a quality package of highly prospective primary cobalt projects in the Canadian state of Ontario. This region is particularly notable as a mining friendly jurisdiction, which hosts some of the highest grade cobalt deposits of anywhere in the world.

The ASX newcomer on our radar today has its corporate eye fixed on the rapidly accelerating electric vehicle (EV) boom, in which battery metals like cobalt, copper and nickel take centre stage.

Diversified junior explorer MinRex Resources’ (ASX:MRR) strategic decision to acquire three assets in NSW and WA that are prospective for cobalt, scandium, copper and nickel looks to paying off.

With a sharp eye fixed on the electric vehicle-powered revolution, in which battery metals like cobalt and copper take centre stage, Castillo Copper (ASX:CCZ) has meticulously selected two major plays in covetable NSW hot-spots.

Classic Minerals (ASX:CLZ) is looking to capitalise on the stability of gold and the skyrocketing demand for cobalt.

This ASX polymetallic junior boasts a meticulously selected commodity spread, a heavyweight board armed with serious industry muscle, and plenty of scope for future growth.

Shareholders of Winmar Resources’ (WFE: ASX) are already seeing the rewards of its revised DRC cobalt strategy. The stock has gained close to 2000% since announcing its DRC cobalt ambitions less than six months ago.