INSERSA and Kerogen are working towards developing the Nuevo Linares deposit with the hope of supplying the clean energy and EV industries.

The goal of the proposed 2023 to 2027 drilling campaign is to at least triple the existing tungsten resource.

The uranium explorer and developer began trading on the London Stock Exchange at a time of record-high prices for the commodity.

Over the LOM, the Marathon project is anticipated to produce 2.1 million ounces of palladium, 517 million lbs of copper, 485,000 ounces of platinum, 158,000 ounces of gold and 3,156,000 ounces of silver.

If the company goes ahead with the plan, it will aim to file a preliminary economic assessment by mid-year.

The deposits at Ruby Hill collectively represent one of the largest development-stage projects in Nevada, according to the company.

KoBold is exploring around the world for new deposits of metals that are key to the global green-energy transition.