M2Cobalt has 100% ownership in claims covering approximately 1,600 km2 of highly prospective land in the mineral rich country of Uganda, East Africa. Bordering the DRC, which currently produces approximately 65% of the world’s cobalt, our assets also share the same underlying geology, and are on trend with, a number of major producing mines in the DRC, Rwanda and Tanzania. Some of our key assets are also close to, and on trend with, the former producing Kilembe mine, which between the 1950’s and 1970s was Uganda's largest producing copper/ cobalt mine and which produced some of the highest grades of copper globally during that time.