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eCobalt gets attention of Peter Johnston's Jervois Mining

Jervois Mining, the ASX junior (JRV) with the heavyweight board, has used a sizeable chunk of its cash holdings to invest about A$10 million to buy a 4.5% stake in Toronto-listed, Idaho-focused cobalt developer, eCobalt Solutions.

eCobalt gets attention of Peter Johnston's Jervois Mining eCobalt gets attention of Peter Johnston's Jervois Mining eCobalt gets attention of Peter Johnston's Jervois Mining eCobalt gets attention of Peter Johnston's Jervois Mining eCobalt gets attention of Peter Johnston's Jervois Mining

Jervois Mining is trying to lift its involvement in the advancing Idaho cobalt project owned by eCobalt

Jervois, which started the June quarter with about $17 million and whose executive chairman Peter Johnston and CEO Bryce Crocker are ex-Glencore/Xstrata, said it made the investment "to facilitate