Commissioning Commences At Idaho Cobalt Operations

IDAHO - Jervois Global Limited has commenced the first stage of plant commissioning at its Idaho Cobalt Operations mine site (ICO), following a successful opening ceremony. ICO is commencing a commissioning phase during this month, with equipment undergoing final completion testwork ahead of continuous commercial concentrate production expected across Q4 2022.  Jervois continues to expect to achieve full nameplate capacity by the end of Q1 2023.

Across 2022, Jervois has announced a US$4.8 million, or 46,000 feet, drilling campaign targeting both infill and expansion of the existing known mineral reserve and resource.  To date, the Company has completed 27,000 feet of drilling, which for infill has reduced drill hole spacing and which is expected to underpin mining in 2023 and into 2024.  Given the underground access which has now been opened via mine development, surface drilling (including targeted resource expansion holes) is now switching to underground, where productivity is expected to improve and can continue through the upcoming winter.