According to Mining News Pro - Canada Cobalt announced two weeks ago that Global Energy Metals Corp. has received approval from the TSX venture exchange to acquire the Re-2OX technology to advance its Lovelock mine and Treasure Box projects in Nevada. Global Energy will pay Canada Cobalt $40,000 is issue 2.0 million units at a price of $0.075 each.

The Re-2OX hydrometallurgical process can be used remove toxic compounds from tailings while it recovers cobalt, silver and other metals. All the metals recovered can be sold without further treatment or smelting.

In May 2019 Canada Cobalt reported on tests of material from it Castle Silver mine. A high purity flotation silver concentrate grading 18,486 g/t with a recovery of 70% was made. The same process produced a cobalt sulphate product that exceeded technical grade specification for the electric car batter industry in 2018.