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Cobalt Power Group Inc.
Summary
| Project: | Smith | |
|---|---|---|
| Deposit: | Smith | |
| Location: | Canada | |
| Commodities: | Cobalt-Silver-Copper-Nickel-Zinc | |
| Date: | 6/7/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-6-2018: Cobalt Power Group Inc. announces an Exploration/Drilling Update report for its Smith deposit at the Smith project. Technical report summarising property and recommendations for further work. This technical report (“Report”) was prepared by CSA | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ian Trinder (CSA Global Pty Ltd.) | |
| ABSTRACT: | This technical report (“Report”) was prepared by CSA Global Canada Geosciences Ltd (CSA Global) at the request of Mr Chris Healey, Vice President Exploration of Cobalt Power Group Inc. (CPG) and focuses on the exploration potential of the Issuer’s Smith Cobalt and Canadian Cobalt Projects, in the historic Cobalt and Silver Centre mining camps of northeastern Ontario and is intended to enable the Issuer and potential partners to reach informed decisions with respect to the Project. The Report has been prepared in accordance with the standards dictated by National Instrument 43-101 (NI 43-101), companion policy NI 43-101CP and Form 43-101F1 (Standards of Disclosure for Mineral Projects). The Effective Date of this Report is 15 March 2018. The Report is based on information known to CSA Global at that date CPG’s cobalt exploration projects, approximately 400 km north of Toronto in eastern Ontario, comprise one group of near contiguous claims in the historic Cobalt mining camp, herein referred to as the Smith Cobalt Project, and one group of non-contiguous claim blocks in the historic Silver Centre mining camp area, herein referred to as the Canadian Cobalt Project. The Smith Cobalt Project claims lie between approximately 3 km northeast and 10 km southeast of the community of Cobalt. The Canadian Cobalt Project is approximately 25 km southeast of the community of Cobalt, west of Lake Temiskaming and flanking the Montreal River. The Smith Cobalt Project comprises 13 staked mining claims (56 units totalling approximately 880 ha), 19 patent claims (approximately 234.3 ha) and two surface rights-only patents which overlie Smith Cobalt unpatented mining claims, situated in Bucke, Coleman and Lorrain Townships and grouped into 11 contiguous and non-contiguous claim blocks based on acquisition agreement/date and location. | |
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