 Electra Battery Materials Corporation TSX-V:ELBM, NASDAQ:ELBM told investors it has confirmed a new zone of cobalt mineralization at the Ruby target at its Iron Creek project in Idaho following drill results. The target sits just 1.5 kilometres km southeast of the companys Iron Creek deposit and the first two holes drilled hit intercepts including 6.4 metres m at 0.21 cobalt from a depth of 307.5m to 313.9m. 