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Pacific Rim Cobalt Corp.
Summary
| Project: | Cyclops | |
|---|---|---|
| Deposit: | Cyclops | |
| Location: | Indonesia | |
| Commodities: | Cobalt-Nickel | |
| Date: | 4/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-4-2019: Pacific Rim Cobalt Corp. announces an Exploration/Drilling Update report for its Cyclops deposit at the Cyclops project. Drilling results incl. 9m @ 1.52% Ni, 0.04% Co from 2m. Vancouver, B.C. – April 23, 2019 – Pacific Rim Cobalt Corp. (the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Garry Clark (Internal) | |
| ABSTRACT: | Vancouver, B.C. – April 23, 2019 – Pacific Rim Cobalt Corp. (the “Company” or “Pacific Rim Cobalt”) (CSE: BOLT) (OTCQB: PCRCF) (FRANKFURT: NXFE) is pleased to announce results from its ongoing 2019 shallow vertical diamond drilling program at its flagship Cyclops, nickel/cobalt development project, Indonesia. The drilling is part of a multi‐faceted exploration program aimed at confirming historical results and producing a resource estimate in late 2019. The assay results of the 20 step‐out holes drilled to date were well correlated with the historical drill data, confirming possible expansion of the mineralized footprint outlined in the Historical Estimate2 . The data from the program will provide the inputs for an updated mineral resource, and is expected to be used as the basis for eventually undertaking a preliminary economic assessment for the project. The resource calculation is expected to be completed in late 2019. | |
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