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Longford drops Keel zinc project option, seeks to rebrand as New World Cobalt

Longford Resources Ltd. said Feb. 28 that it terminated its option to earn up to an 80% interest in the Keel zinc project in Ireland from Diversified Asset Holdings Pty. Ltd.

The company also said it is seeking approval to rebrand as New World Cobalt Ltd. to better reflect its strategy to develop its U.S. cobalt projects.

The company holds a controlling interest in the Colson cobalt-copper project in Idaho, the Goodsprings copper-cobalt project in Nevada and the Hazelton cobalt-copper project in British Columbia.