Article

Chilean Cobalt Corp. has commenced its initial work program at the NeoRe Rare Earth Project in Southern Chile under a binding earn-in agreement. The program includes geological assessments and drilling, with preliminary results indicating promising rare earth signatures.

NeoRe has expanded its exploration area to nearly 5,750 hectares and received funding from Corfo for rare earth technology development. The completion of the work program may allow Chilean Cobalt to acquire 100% of NeoRe, with initial production targeted for mid-2027.