CuMo Mining receives preliminary approval for Idaho drilling
BOISE COUNTY – There’s a new step forward for CuMo Mining Corporation. The company is seeking approval to mine in the Idaho City area. Geologists believe a spot 14 miles northwest of Idaho City could have some of the largest Molybdenum deposits in possibly the world. The mineral is used to strengthen steel and is found in wind turbines and in cell phones, it is also used to help build skyscrapers.
Recently, a report was completed by the U.S. Forest Service that found no significant environmental impact to the area’s groundwater.
This means CuMo can tentatively complete its exploration drilling phase . . .