VANCOUVER, BC / ACCESSWIRE / March 16, 2017 / Cruz Cobalt Corp. (CUZ.V) (OTC PINK: BKTPF) (FSE:BR02) is
making an application for an exploration permit on its Johnson Cobalt
Prospect. This prospect is located in the vicinity of the city of
Cobalt, home to one of the largest cobalt/silver districts in North
America. This permit will cover the following activities of mechanized
drilling, mechanized stripping, the pitting and trenching of bedrock,
and line cutting.
Cruz
President, James Nelson, stated, “We are pleased to have started the
process to be able to commence work on another of our cobalt prospects
in Ontario. We have now started the process on two separate cobalt
prospects in the premier address for cobalt in Canada. Cruz has amassed
one of the largest land packages in the cobalt district right around the
city of Cobalt and we plan to be active on all of these projects this
season. Cruz will be one of the most active juniors in the region, and
being one of the first entrants in the cobalt space gives Cruz an early
mover advantage by being able to hand pick its Cobalt prospects, before
most new entrants considered cobalt as a target. Cruz has enough cash on
hand to commence operations on all the Ontario Cobalt Projects”
Cruz
currently has seven cobalt projects located in Canada, one in Idaho and
now one in Montana. Cruz’s four separate Ontario cobalt prospects are
all located in the vicinity of the city of Cobalt making Cruz one of the
largest land holders in this emerging cobalt district. The 900-acre
Coleman cobalt prospect, the 900-acre Johnson Cobalt Prospect, the 5500
acre Hector Cobalt Prospect and the 1,480-acre Bucke Cobalt Prospect.
Our 4935 acre War Eagle Cobalt Prospect in British Columbia covers a
past-producing mine.
The
technical contents of this release were approved by Greg Thomson,
P.Geo., a qualified person as defined by National Instrument 43-101.
If you would like to be added to Cruz’s email list please send an email to [email protected] or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
www.cruzcobaltcorp.com
twitter @CruzCobalt
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