Vancouver, British Columbia--(Newsfile Corp. - July 17, 2017) - Cruz Cobalt Corp. (TSXV: CUZ) (OTC Pink: BKTPF)
(FSE: A2DMG8) is pleased to announce that the drill permit for the 1480-acre Bucke
Cobalt Prospect in the vicinity of the town of Cobalt, Ontario has been approved by the Ministry of Northern Development and
Mines.
Cruz President, James Nelson, stated, "We are delighted to have received the drill permit approval for our Bucke Cobalt
Prospect. Our goal is to get to work as soon as possible on this property and we currently have more than sufficient cash on hand
to undertake the multiple planned work programs. We are very optimistic about the future price of cobalt as demand continues to
strengthen and in fact recently the spot price of cobalt reached new nine year highs of $27.90 per pound. Cruz is set to be one of
the most active junior cobalt companies in the coming months, with multiple work programs expected to commence in multiple
Countries, States and Provinces."
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 single largest land holders in this emerging cobalt district. Cruz's Ontario projects include
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.
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
