Cruz Cobalt Corp. (OTC: BKTPF) (TSX-V: CUZ)
Breaking News - February 6, 2018
Cruz Cobalt Corp. Significantly Increases Land Holdings in the Cobalt Region of
Ontario
Vancouver, British Columbia - February 6, 2018 - Cruz Cobalt Corp.
(OTC: BKTPF) (TSX-V:
CUZ) (FSE: A2DMG8)
("Cruz" or the "Company") s pleased to announce that the company has
significantly increased its acreage in the Cobalt District of Ontario. The new
“Lorraine Cobalt Prospect” consists of 8,935 contiguous acres bordering First
Cobalt Corp (FCC-TSX.v) in the direct vicinity of the town of Cobalt, Ontario.
Cruz President, James Nelson, stated, "This new acreage makes Cruz one of the
single largest landholders behind First Cobalt Corp (FCC-TSX.v) in the historic
cobalt camp in Ontario. This now gives Cruz 5 separate cobalt prospects in the
region. The Ontario cobalt district has become one of the global focal points
for cobalt exploration and Cruz was positioned very early giving Cruz a first
mover advantage and now is one of the single largest landholders in the region.
Cruz currently has more cash on hand than any other point and management is
planning to deploy that cash strategically and efficiently in 2018. The cobalt
demand has never been more in focus as the world is moving towards full scale
electric car adoption. The demand for battery metals appears to be at the start
of long term super cycle and Cruz is positioning itself early for this cycle.”
Recently (January 22, 2018) Cruz increased its acreage on the “Purcell Cobalt
Prospect” from 671 acres to 11,821 acres, consolidating the previous two
separate Purcell prospects into one much larger contiguous prospect. Also on
January 16, 2018 Cruz increased its landholdings surrounding the War Eagle
cobalt prospect in BC. Cruz now has a 100% interest in 15,219 acres on the War
Eagle cobalt prospect. Cruz also just recently completed an airborne survey over
the War Eagle and Purcell cobalt prospects in BC and uncovered strong magnetic
anomalies (announced January 19, 2017). Management is now working diligently on
advancing these two BC cobalt prospects.
Cruz currently has nine cobalt projects located throughout North America,
comprising of four in Ontario, two in British Columbia, one in Idaho and one in
Montana. Cruz's five separate Ontario cobalt prospects are all located in the
vicinity of the town of Cobalt making Cruz one of the largest landholders in
this emerging cobalt district. Cruz's Ontario projects include the 1,265 acre
Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre
Hector cobalt prospect, the 1,580 acre Bucke cobalt prospect and now the 8,935
Lorraine cobalt prospect. The company's BC prospects include the 15,219 acre War
Eagle cobalt prospect and the 11,821 acre Purcell prospect. Cruz’s USA projects
include the 1,940 acre Chicken Hawk prospect in Montana and the 880 acre Idaho
Star prospect.
The technical contents of this release were approved by Greg Thomson, PGeo, 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 info@cruzcobaltcorp.com
or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
www.cruzcobaltcorp.com
twitter @CruzCobalt
Source: Cruz Cobalt Corp.
Cruz Cobalt Corp.
Significantly Increases Land Holdings on BC Purcell Cobalt Prospect After
Receiving Airborne Data
Vancouver, British Columbia - January 22, 2018 - Cruz Cobalt Corp.
(OTC: BKTPF) (TSX-V:
CUZ) (FSE: A2DMG8)
("Cruz" or the "Company") is pleased to announce that the company has
significantly increased its acreage on its 100% owned Purcell cobalt prospects
in BC. Cruz has now increased the acreage on the Purcell cobalt prospects from
671 acres to now be 11,821 acres, consolidating the previous two separate
Purcell prospects into one much larger contiguous prospect. We have also just
recently completed an airborne survey over the War Eagle and Purcell cobalt
prospects in BC and uncovered strong magnetic anomalies (announced January 19,
2017). Management is now working diligently on advancing these two
cobalt prospects.
Recently, the company also tripled its landholdings surrounding the War Eagle
cobalt prospect in BC. Cruz now has a 100% interest in 15,219 acres on the War
Eagle cobalt prospect and 11,821 acres on the Purcell prospect.
Cruz President, James Nelson, stated, "We are pleased to have significantly
increased our acreage in BC on both the Purcell and War Eagle cobalt prospects.
The airborne data shows strong magnetic anomalies extending into the new acreage
acquired in this emerging cobalt camp. We plan to get on the ground as soon as
possible to incorporate the new airborne data with ground proofing. We currently
have more cash on hand than at any other point to undertake our multiple planned
work programs. Cruz is in a prime position to take advantage of the continued
global focus on ethically sourced cobalt to supply the exploding demand for
lithium/cobalt based batteries primarily for use in electric vehicles. Cruz has
prospects in what we feel are most of the prime cobalt camps in North America
and we are very optimistic that 2018 will be a breakout year for cobalt prices.”
Cruz currently has eight cobalt projects located throughout North America,
comprising of four in Ontario, two in British Columbia, one in Idaho and one in
Montana. Cruz's four separate Ontario cobalt prospects are all located in the
vicinity of the town of Cobalt making Cruz one of the largest landholders in
this emerging cobalt district. Cruz's Ontario projects include the 1,265 acre
Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre
Hector cobalt prospect and the 1,580 acre Bucke cobalt prospect. The company's
BC prospects include the 15,219 acre War Eagle cobalt prospect and the 11,821
acre Purcell prospect. Cruz’s USA projects include the 1,940 acre Chicken Hawk
prospect in Montana and the 880 acre Idaho Star prospect. This new acreage of
was acquired via MTOnline.
The technical contents of this release were approved by Greg Thomson, PGeo, 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 info@cruzcobaltcorp.com
or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
www.cruzcobaltcorp.com
twitter @CruzCobalt
Source: Cruz Cobalt Corp.
Cruz Cobalt Corp. Encounters
Strong Magnetic Anomalies on BC Cobalt Prospects
Vancouver, British Columbia - January 19, 2018 - Cruz Cobalt Corp.
(OTC: BKTPF) (TSX-V:
CUZ) (FSE: A2DMG8)
("Cruz" or the "Company") wishes to announce that the airborne data gathered on
Cruz’s BC Cobalt properties has shown strong magnetic features within the cobalt
prospects. A ground follow up is being formulated to tighten up the data with
the plan to be drilling as soon as possible. Recently Cruz tripled its land
holdings surrounding the ‘War Eagle’ cobalt prospect in BC. Cruz has now
increased the acreage on the War Eagle cobalt prospect from 4,935 acres to now
be 15,219 acres.
James Nelson, President of Cruz states, “We are very encouraged to encounter
these anomalies from the airborne. We
plan to get boots on the ground as soon as possible to tighten up the highest
priority drill targets. Cobalt prices are trading at 10 year highs as demand is
increasing and very little new supply has come on line. Recently, Ford announced
plans to invest $11 billion in Electrified Vehicles by 2022. Additionally
Volkswagen said in November it would spend $40 billion on electric cars,
autonomous driving and new mobility services by the end of 2022. The world is
going electric and we feel the battery metals will see a significant increase in
demand in the coming years. We have positioned the company to take advantage of
this battery metals explosion. We plan to be active on both of the USA Cobalt
projects in 2018 and are currently active in Canada. We are very optimistic
about 2018 as we enter the year with more cash in the bank than any other time
and cobalt prices at ten year highs.”
Cruz currently has nine cobalt projects located throughout North America,
comprising of four in Ontario, three in British Columbia, one in Idaho and one
in Montana. Cruz's four separate Ontario cobalt prospects are all located in the
vicinity of the town of Cobalt making Cruz one of the largest landholders in
this emerging cobalt district. Cruz's Ontario projects include the 1,265 acre
Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre
Hector cobalt prospect and the 1,580 acre Bucke cobalt prospect. The company's
15,219 acre War Eagle cobalt prospect in British Columbia. Cruz’s USA projects
include the 1,940 acre Chicken Hawk prospect in Montana and the 880 acre Idaho
Star prospect.
The technical contents of this release were approved by Greg Thomson, PGeo, 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 info@cruzcobaltcorp.com
or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
www.cruzcobaltcorp.com
twitter @CruzCobalt
Source: Cruz Cobalt Corp.
Cruz Cobalt Corp. Triples Land Position on BC War Eagle Cobalt Prospect
Vancouver, British Columbia - January 16, 2018 - Cruz Cobalt Corp.
(OTC: BKTPF) (TSX-V:
CUZ) (FSE: A2DMG8)
("Cruz" or the "Company") wishes to announce that it has tripled its land
holdings surrounding the ‘War Eagle’ cobalt prospect in BC. We recently
commenced operations on this property. Cruz has now increased the acreage on the
War Eagle cobalt prospect from 4,935 acres to now be 15,219 acres. War Eagle
Cobalt Prospect in BC covers a past producing mine and has encountered surface
samples of 6.41% cobalt, 3.59% nickel and 7.25% copper (historic data).
James Nelson, President of Cruz states, “We continue to accumulate cobalt assets
and acreage with a mandate to focus on ethically sourced cobalt. The global
demand for cobalt has never been higher. Recently, there has been talk out of
the Democratic Republic of the Congo which stating that a new tax for mining and
specifically cobalt may be implemented. This
would create an additional demand for ethically sourced cobalt. In addition,
President Trump has announced that the USA wants to domestically source battery
metals such as lithium and cobalt to avoid foreign imports of these strategic
commodities. This is a very positive step as Cruz has projects in Canada as well
as in Idaho and Montana. We plan to be active on both of the USA Cobalt projects
in 2018 and currently are active in Canada. We are very optimistic about 2018 as
we enter the year with more cash in the bank than any other time and cobalt
prices at nine year highs.”
Cruz currently has nine cobalt projects located throughout North America,
comprising of four in Ontario, three in British Columbia, one in Idaho and one
in Montana. Cruz's four separate Ontario cobalt prospects are all located in the
vicinity of the town of Cobalt making Cruz one of the largest landholders in
this emerging cobalt district. Cruz's Ontario projects include the 1,265 acre
Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 15,219 acre
Hector cobalt prospect and the 1,580 acre Bucke cobalt prospect. The company's
4,935 acre War Eagle cobalt prospect in British Columbia covers a past-producing
mine. Cruz’s USA projects include the 1,940 acre Chicken Hawk prospect in
Montana and the 880 acre Idaho Star prospect. This new acreage was acquired via
Mtonline.
If you would like to be added to Cruz’s email list please send an email to info@cruzcobaltcorp.com
or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
www.cruzcobaltcorp.com
twitter @CruzCobalt
SOURCE Cruz Cobalt Corp.
Cruz Commences Operations on
BC Cobalt Prospect
Vancouver, British Columbia - January 15, 2018 - Cruz Cobalt Corp.
(OTC: BKTPF) (TSX-V:
CUZ) (FSE: A2DMG8)
("Cruz" or the "Company") has commenced operations on the BC ‘War Eagle’ Cobalt
prospect.
James Nelson, President of Cruz states, “We are very pleased to start up
operations in BC on our cobalt prospect. We plan to be operational on multiple
projects throughout 2018. We anticipate being one of the most active junior
cobalt companies this year and management is very optimistic about the landscape
for domestically and ethically sourced cobalt.”

Cruz currently has nine cobalt projects located throughout North America,
comprising of four in Ontario, three in British Columbia, one in Idaho and one
in Montana. Cruz's four separate Ontario cobalt prospects are all located in the
vicinity of the town of Cobalt making Cruz one of the largest landholders in
this emerging cobalt district. Cruz's Ontario projects include the 1,265 acre
Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre
Hector cobalt prospect and the 1,580 acre Bucke cobalt prospect. The company's
4,935 acre War Eagle cobalt prospect in British Columbia covers a past-producing
mine. Cruz’s USA projects include the 1,940 acre Chicken Hawk prospect in
Montana and the 880 acre Idaho Star prospect.
If you would like to be added to Cruz’s email list please send an email to info@cruzcobaltcorp.com
or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
www.cruzcobaltcorp.com
twitter @CruzCobalt
Source: Cruz Cobalt Corp.
Cruz Cobalt Engages Precision
GeoSurveys for BC Cobalt Work Program
Vancouver, British Columbia - January 08, 2018 - Cruz Cobalt Corp.
(OTC: BKTPF) (TSX-V:
CUZ) (FSE: A2DMG8)
("Cruz" or the "Company") is pleased to announce that it has secured the
services of Precision GeoSurveys ("Precision") based out of British Columbia to
conduct the airborne work program over Cruz's BC cobalt properties. The airborne
survey is the first of several work programs that are being formulated.
James Nelson, President of Cruz states, “As we continue to witness the growing
demand for ethically sourced cobalt within North America, Cruz is positioning
itself as an industry leader with work programs underway on several high quality
projects. We plan to be active on all of our Canadian and US cobalt projects in
2018. We are very optimistic about 2018 as we start the year with more cash in
the bank than at any other time and cobalt prices at nine year highs. Cruz looks
to be one of the most active junior cobalt companies globally at a time of
significant growth within the electric car industry, specifically battery
metals. We look forward to meeting that need.”
Cruz currently has nine cobalt projects located throughout North America,
comprising of four in Ontario, three in British Columbia, one in Idaho and one
in Montana. Cruz's four separate Ontario cobalt prospects are all located in the
vicinity of the town of Cobalt making Cruz one of the largest landholders in
this emerging cobalt district. Cruz's Ontario projects include the 1,265 acre
Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre
Hector cobalt prospect and the 1,580 acre Bucke cobalt prospect. The company's
4,935 acre War Eagle cobalt prospect in British Columbia covers a past-producing
mine. Cruz’s USA projects include the 1,940 acre Chicken Hawk prospect in
Montana and the 880 acre Idaho Star prospect.
If you would like to be added to Cruz’s email list please send an email to info@cruzcobaltcorp.com
or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
www.cruzcobaltcorp.com
twitter @CruzCobalt
Source: Cruz Cobalt Corp.
Cruz Looking to Start
Operations on War Eagle Cobalt Prospect in British Columbia
Vancouver, British Columbia - Nov. 09, 2017 - Cruz Cobalt Corp. (OTC:
BKTPF) (TSX-V:
CUZ) (FSE: A2DMG8)
("Cruz" or the "Company") wishes to announce that the company is planning to
commence operations shortly on the War Eagle Cobalt Prospect in British
Columbia.
Cruz President, James Nelson, stated, "We look forward to starting up operations
in BC. Cruz is active on multiple cobalt
fronts in Ontario, Idaho, Montana and BC. Cobalt prices continue to be trading
near nine years highs and the global focus on EV and battery metals is
strengthening, as more car companies and countries move to Electric Cars. Cruz
is well positioned to capitalize on this global trend as all of the cobalt
prospects are in geopolitically safe jurisdictions.”
Cruz currently has nine cobalt projects located throughout North America,
comprising of four in Ontario, three in British Columbia, one in Idaho and one
in Montana. Cruz's four separate Ontario cobalt prospects are all located in the
vicinity of the town of Cobalt making Cruz one of the largest landholders in
this emerging cobalt district. Cruz's Ontario projects include the 1,265 acre
Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre
Hector cobalt prospect and the 1,580 acre Bucke cobalt prospect. The company's
4,935 acre War Eagle cobalt prospect in British Columbia covers a past-producing
mine. Cruz’s USA projects include the 1,940 acre Chicken Hawk prospect in
Montana and the 880 acre Idaho Star prospect. Cruz Capital has granted, pursuant
to its 10-per-cent rolling stock option plan, six million incentive stock
options to directors, officers and consultants at an exercise price of 20 cents
per share for a term of 12 months.
If you would like to be added to Cruz’s email list please send an email to info@cruzcobaltcorp.com
or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
www.cruzcobaltcorp.com
twitter @CruzCobalt
Source: Cruz Cobalt Corp.
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About Cruz Cobalt Corp.:
CRUZ COBALT CORP.
CUZ — TSX.V | BKTPF — USA | A2DMG8 — GERMANY
Cruz Cobalt Corp is focused on acquiring and developing high-grade Cobalt
projects in politically stable, environmentally responsible and ethical mining
jurisdictions, essential for the rapidly growing rechargeable battery and
renewable energy sectors.
As the foremost cobalt project generator and developer in North America, we
strongly believe that cobalt is poised to garner significant market attention as
the demand for lithium ion batteries continues to increase. Furthermore, any
meaningful increase the price per pound of Cobalt could spur substantial
investment activity in the sector. As a leader in cobalt project generation and
development, Cruz Cobalt is proud to be at the forefront of this industry.
Cobalt may face significant shortages in the future as the market for Cobalt has
been steadily increasing, and the supply has not kept pace.
Beautiful blue cobalt has long been used as a coloring pigment. Although still
used in pigments, due to its high energy density, low thermal conductivity,
ability to alloy, and ferromagnetism, cobalt now plays a variety of roles in
modern technology, appearing in magnets, high-tech turbines and even in cancer
treatments.
Cobalt work programs are now underway!
Thank you for your interest in Cruz Cobalt Corp. As you can see there are many
compelling reasons to look at Cruz Cobalt Corp immediately. Cruz has recently
hired experienced geologists to begin operations on our Ontario, Idaho, and
Montana projects. Cruz has recently completed an airborne survey over our four
Ontario cobalt prospects and we look forward to uncovering some additional data
that may provide new cobalt targets as well as tightening up our current areas
of focus. Also, Cruz has mobilized crews and commenced work programs on the
100-percent-owned Idaho Star Cobalt Prospect in Idaho, and on the
100-percent-owned Chicken Hawk Cobalt prospect in Montana, USA.
According to President James Nelson, “Cruz employed early mover advantage as
Cruz has been able to acquire, what we feel is one of the best collections of
high grade cobalt prospects in North America before the majority of the recent
cobalt entrants were in the space. Cruz currently has Seven cobalt projects
located in Canada, one in Idaho and one in Montana. Cruz’s 4 separate Ontario
cobalt prospects are all located in the vicinity of the city of Cobalt making
Cruz on of the largest land holders in this emerging cobalt district. Cruz’s
Ontario projects include the 1,265-acre Coleman Cobalt Prospect, the 900-acre
Johnson Cobalt Prospect, the 1,580-acre Bucke Cobalt Prospect and the 4,980-acre
Hector Cobalt Prospect. Our 4935-acre War Eagle Cobalt Prospect in British
Columbia covers a past producing mine. Based on these projects, management feels
that Cruz has amassed a quality portfolio of cobalt assets that have some of the
highest historic cobalt grades in North America, which sets Cruz apart from most
cobalt companies in the junior space.”
“We feel that 2018 will be a another break out year for cobalt prices and Cruz
is well positioned to take full advantage of this. Cruz has the money already
raised to commence full operations on these projects with our goal to make Cruz
the ‘go-to’ North American Cobalt project generator and developer. 2018 will be
an extremely active period for Cruz and management is optimistic about what will
be discovered by Cruz on our cobalt properties.” states President Nelson.
Cruz has had one property transaction to date in line with the project generator
and developer model. Cruz vended an Idaho Cobalt Property to US Cobalt Inc (USCO–TSX.v,
SCTFF–USA) formerly named Scientific Metals Corp (STM–TSX.v, SCTFF–USA) in late
2016.
Cruz is fully cashed up and has already commenced operations on multiple
projects in the USA and Canada.
Cobalt prices have increased significantly over the past 12 months and are now
breaking out to new 9-year highs. We feel that cobalt prices could have the same
type of parabolic move like lithium has had. Similar dynamics that have driven
lithium prices higher are present in cobalt, and that is why Cruz established
itself at the early stages of this sector move by securing multiple high-grade
cobalt project.
The Bucke Cobalt Prospect is one of four cobalt prospects in Ontario, currently
held by Cruz.
The Bucke Cobalt Prospect consists of approximately 1,580 contiguous acres in
the Larder Lake mining division of Ontario.
According to a Province of Ontario Mineral file, the property returned historic
COBALT & silver on this cobalt-focused prospect (historic data, needs to be
reconfirmed).
Management has commenced explorations on this property utilizing the flow
through funds on hand. Cruz has recently completed an airborne survey over the 4
Ontario cobalt prospects which has identified 6 primary cobalt targets.
Cruz is actively engaged in acquiring and developing Cobalt assets globally and
has already acquired several high-grade cobalt projects across North America.
Seven cobalt projects are located in Canada, one in Idaho, and one in Montana.
The goal of the company is to make Cruz the foremost cobalt project generator
and developer on the TSX Venture Exchange. Management feels that cobalt is in
the early stages of a significant bull market and we are pleased to be
positioning Cruz at the forefront of this cycle.
The Coleman Cobalt Prospect is one of four cobalt prospects in Ontario currently
held by Cruz.
The Coleman Cobalt Prospect consists of approximately 1,265 contiguous acres in
the Larder Lake mining division of Ontario.
According to the Province of Ontario mineral file, the property returned
historic COBALT showings and appears to be an extension of the Tretheway veins
(historic data, needs to be reconfirmed).
Management has commenced explorations on this property utilizing the flow
through funds on hand. Cruz has recently completed an airborne survey over the 4
Ontario cobalt prospects which has identified 6 primary cobalt targets.
Cruz is actively engaged in acquiring and developing high grade Cobalt projects
in politically stable, environmentally
responsible and ethical mining jurisdictions. Cruz has already acquired several
high-grade cobalt projects across North America. Seven cobalt projects are
located in Canada, one in Idaho, and one in Montana. The goal of the company is
to make Cruz the foremost cobalt project generator and developer on the TSX
Venture Exchange. Management feels that cobalt is at the early stages of a
significant bull market and we are pleased to be positioning Cruz at the
forefront of this cycle.
The Johnson Cobalt Prospect is one of four cobalt prospects in Ontario,
currently held by Cruz.
The Johnson Cobalt Prospect consists of approximately 900 acres in the Kirkland
Lake mining district of Ontario.
According to a Province of Ontario Mineral file, the property returned historic
COBALT, silver, nickel and copper showings. (historic data, needs to be
reconfirmed).
Management has commenced explorations on this property utilizing the flow
through funds on hand. Cruz has recently completed an airborne survey over the 4
Ontario cobalt prospects which has identified 6 primary cobalt targets.
Cruz is actively engaged in acquiring and developing Cobalt assets in North
America. Cruz has acquired numerous high grade cobalt assets located in North
America. Seven cobalt projects are in Canada, one in Idaho, and one in Montana.
The goal of the company is to make Cruz the foremost cobalt project generator
and developer on the TSX Venture Exchange. Management feels that cobalt is at
the early stages of a significant bull market and we are pleased to be
positioning Cruz at the forefront of this cycle.
The War Eagle cobalt prospect is located in British Columbia.
The 4,935 acre War Eagle Prospect, according to a Province of British Columbia
Mineral file, encountered historic COBALT, nickel and copper showings (historic
data, needs to be reconfirmed).
Management expects to commence exploration on this property shortly, utilizing
the flow through funds already on hand to fully assess this property.
Cruz is actively engaged in acquiring and developing high grade Cobalt projects
in politically stable, environmentally responsible and ethical mining
jurisdictions. Cruz has already acquired several high-grade cobalt projects
across North America. Seven cobalt projects are located in Canada, one in Idaho,
and one in Montana. The goal of the company is to make Cruz the foremost cobalt
project generator and developer on the TSX Venture Exchange. Management feels
that cobalt is at the early stages of a significant bull market and we are
pleased to be positioning Cruz at the forefront of this cycle.
Cruz’s Idaho Star Cobalt Prospect is located in Idaho, USA.
The 880 acre Idaho Star cobalt prospect in Idaho, United States is located
approximately nine miles southwest of Saltese, Montana, and 19 miles southeast
of Wallace, Idaho. This prospect consists of 44 contiguous claims within the
prolific Idaho cobalt belt.
Geological data was gathered showing this prospect area to have been active for
mining of COBALT, silver and copper in the past, which was the reason for the
acquisition.
Cruz has recently mobilized crews and commenced work programs on its
100-per-cent-owned Idaho Star cobalt prospect.
Cruz is actively engaged in acquiring and developing high grade Cobalt assets
globally. Cruz has acquired numerous high-grade cobalt assets located in North
America. Seven cobalt projects are in Canada, one in Idaho, and one in Montana.
The goal of the company is to make Cruz the foremost cobalt project generator
and developer on the TSX Venture Exchange. Management feels that cobalt is at
the early stages of a significant bull market and we are pleased to be
positioning Cruz at the forefront of this cycle.
Cruz Cobalt Corp’s Chicken Hawk Cobalt Prospect is located in Deer Lodge County,
Montana.
The Chicken Hawk cobalt prospect consists of 94 contiguous lode claims covering
approximately 1,940 acres and is located in Deer Lodge county, Montana.
Cobalt, the primary targeted commodity of the Chicken Hawk, is occurring in the
pyritized andesite and as cobaltian arsenopyrite; the sulphides are
pnuematolytic in origin. The 94 claims surround 4 patented claims, no less than
15 prospects, and 3 adits.
Management believes that the cobalt trend in the Western USA snakes its way
through Idaho, into Montana and up into Southern B.C.
Cruz has recently mobilized crews and commenced work programs on its
100-per-cent-owned Chicken Hawk cobalt prospect in Montana, USA.
Cruz is actively engaged in acquiring and developing high grade Cobalt projects
in politically stable, environmentally responsible and ethical mining
jurisdictions. Cruz has already acquired several high-grade cobalt projects
across North America. Seven cobalt projects are located in Canada, one in Idaho,
and one in Montana. The goal of the company is to make Cruz the foremost cobalt
project generator and developer on the TSX Venture Exchange. Management feels
that cobalt is at the early stages of a significant bull market and we are
pleased to be positioning Cruz at the forefront of this cycle.
SOURCE: http://cruzcobaltcorp.com/
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differ materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a company's annual
report on Form 10-K or 10-KSB and other filings made by such company with the
Securities and Exchange Commission. You should consider these factors in
evaluating the forward-looking statements included herein, and not place undue
reliance on such statements. The forward-looking statements in this release are
made as of the date hereof and FNMG undertakes no obligation to update such
statements.
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