Cobalt Power Drills One M of 0.1% Co at Smith - Stockpools

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Cobalt Power Drills One M of 0.1% Co at Smith

2018-05-03

Cobalt Power Group Inc. has provided positive results from the phase 2, 16-hole, 2,345-metre (6,220 feet) drill program at its Smith cobalt project in Cobalt, Ont.

Highlights:

The mineralized Smith Cobalt veins systems have been extended to over 400 m in strike length, from the western property boundary to the south-east towards the Smith Cobalt East surface.

Significant concentrations of Co and Ag were encountered.

Thick, highly anomalous zones of battery-related component metals (Cu, Ni, Zn) were intersected in multiple holes.

Multiple mineralized veins were intersected in most holes.

Confirmed and characterized vein systems mapped from historical mine workings.

Confirmed that the Smith Cobalt property lies in the same stratigraphic and structural setting as the nearby Deer Horn Mine.


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