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Cruz Battery Metals Corp C.CRUZ

Alternate Symbol(s):  BKTPF

Cruz Battery Metals Corp. is a Canada-based company, which is focused on acquiring and developing battery metals projects. The Company’s projects include The Hector Project, The Solar Lithium Project, The Clayton Valley Lithium Brine Project, Idaho Cobalt Belt Project and The Idaho Star Cobalt Prospect. The Solar Lithium Project is located in Nevada, United States. Solar Lithium Project consists of over 8,135 acres. The Clayton Valley Lithium Brine Project is located in Nevada, United States. Its 5,542-acre Hector Property is located in the vicinity of the town of Cobalt, Ontario, which is prospective for cobalt, silver, and diamonds. The Idaho Cobalt Belt Project is located within the Idaho Cobalt Belt surrounding Jervois Mining Ltd. The 80-acre Idaho Star cobalt prospect in Idaho, United States is located over nine miles southwest of Saltese, Montana, and 19 miles southeast of Wallace, Idaho. This prospect consists of four contiguous claims within the prolific Idaho cobalt belt.


CSE:CRUZ - Post by User

Bullboard Posts
Post by HateHaters81on Jul 07, 2017 11:03am
182 Views
Post# 26444186

$27.90 Cobalt Prices Up AGAIN!!!

$27.90 Cobalt Prices Up AGAIN!!!
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Cobalt Price per Pound reaches a 
NEW 9-year HIGH!


Cobalt Work Programs about to Commence!
 
CUZ:TSX.v | BKTPF:USA | A2DMG8:Germany




Cruz Cobalt Corp (CUZ—TSXv, BKTPF—OTCBB, A2DMG8--FSE) 
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. 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. According to government mineral files, the 900-acre Coleman Cobalt Prospect returned cobalt grades of 13%, the 900-acre Johnson Cobalt Prospect returned grades of 10.5% cobalt, and the 1480-acre Bucke Cobalt Prospect returned cobalt grades of 13%. The 5500-acre Hector Cobalt Prospect covers multiple cobalt occurrences. Our 4935-acre War Eagle Cobalt Prospect in British Columbia covers a past producing mine as well and returned assays of 6.5% cobalt. 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."



Cruz is now trading approximately 30% below our recent year highs.
 


"We feel that 2017 will be a 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. The second half of 2017 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.  That Idaho Cobalt Property was vended 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 expects to commence operations on multiple projects in both countries shortly. 


Cobalt prices have increased significantly over the past 12 months and are now breaking out to new 9-year highs of over $27 per pound. 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. 
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lithium price chart.jpg
 
Additional Information:
Here is a good graphic explaining the battery make up and how cobalt fits in: 
https://www.visualcapitalist.com/critical-ingredients-fuel-battery-boom/
Here is a link to a recent article reporting about the mining of cobalt in Africa. As you can see this is why we are focused on developing and acquiring high grade projects in politically stable, environmentally responsible and ethical mining jurisdictions:
https://www.washingtonpost.com/classic-apps/the-cobalt-pipeline-from-dangerous-tunnels-in-congo-to-consumers-mobile-tech/2016/09/30/66103382-5a8c-11e6-9767-f6c947fd0cb8_story.html?tid=hybrid_collaborative_1_na-amp

https://www.google.ca/amp/s/www.washingtonpost.com/amphtml/business/economy/companies-respond-to-questions-about-their-cobalt-supply-chains/2016/09/30/910f94de-7b51-11e6-bd86-b7bbd53d2b5d_story.html%3f0p19G=e?client=safari
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· Cruz has recently hired experienced geologists to begin operations on our Ontario, Idaho & Montana projects.



· The Coleman Cobalt Prospect consisting of approximately 900 acres in the Larder Lake mining division of Ontario returned grades of up to 13% cobalt and appear to be an extension of the Tretheway veins (historic data)

 
· The Hector Cobalt Prospect consisting of approximately 5,500 acres in the Larder Lake mining division of Ontario covers multiple cobalt occurrences 

 
· The 1,480 acre Bucke Cobalt Prospect in the Larder Lake mining division of Ontario returned assays grading 13% cobalt and 240 g/t silver (historic data)

 
· The 900 acre Johnson Cobalt Prospect in the Larder Lake mining division of Ontario encountered grab assays over 300m up to 10.5% cobalt, 69 g/t AG, 12% NI and .4% CU (historic data)

 
· The 4935 acre 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)


· The Idaho Star Cobalt Prospect has Geological data showing this prospect area to have been active for mining of cobalt, silver and copper in the past
 

· In Montana, the Chicken Hawk Cobalt Prospect claims surround 4 patented claims, no less than 15 prospects, and 3 adits
 
· Cobalt is one of the main elements in Lithium-Ion batteries
 

· Seasoned Expert, Fritz ten Doornkaat of Switzerland has been added as a strategic European adviser


If you would like to be added to Cruz’s email list please send an email to info@cruzcobaltcorp.com or twitter @CruzCobalt
Thank you for your time and consideration.

 

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