Cruz Cobalt samples up to 2.02% Co at Hector
Cruz Cobalt samples up to 2.02% Co at Hector 2018-09-18 06:11 ET - News Release Mr. James Nelson reports CRUZ SAMPLES 2.0% COBALT IN ROCK AND DEFINES MULTIPLE COBALT SOIL ANOMALIES AT THE HECTOR COBALT PROPERTY, COBALT ONTARIO Cruz Cobalt Corp. has released the results of phase 1 exploration at its at its 4,980-acre Hector cobalt property located near the town of Cobalt, Ont. During August, 2018, the company's geologic consultant's APEX Geoscience Ltd. completed the phase 1 exploration including the collection of 31 prospecting rock grab, 203 grid humus soil geochemical samples, and a total of 23 line km of ground magnetic geophysical survey data. The soil grid comprised a series of 100-metre-spaced east-west-oriented lines, augmented by magnetic geophysical data collected along parallel lines at 50-metre spacing. Reconnaissance rock grab sampling focused on ground truthing numerous historic exploration pits targeting silver-cobalt mineralization within the property. A total of five rock grab samples returned greater than 0.1 per cent cobalt and up to 2.02 per cent cobalt (2018BKP040) from the Gillies East anomaly, in addition to anomalous silver and gold values. Mineralization in outcrop occurs as narrow diabase-hosted potassium feldspar-carbonate veins ranging in width from less than five and up to 25 centimetres in width.