For thousands of other reports visit RSC's Mineral Intellingence Map
Pacific Rim Cobalt Corp.
Summary
| Project: | Cyclops | |
|---|---|---|
| Deposit: | Cyclops | |
| Location: | Indonesia | |
| Commodities: | Cobalt-Nickel | |
| Date: | 3/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-3-2019: Pacific Rim Cobalt Corp. announces an Exploration/Drilling Update report for its Cyclops deposit at the Cyclops project. Drilling results incl. 15m @ 1.28% Ni, 0.02% Co from 4m. Vancouver, B.C. – March 5, 2019 – Pacific Rim Cobalt Corp. (the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Garry Clark (Internal) | |
| ABSTRACT: | Vancouver, B.C. – March 5, 2019 – Pacific Rim Cobalt Corp. (the “Company” or “Pacific Rim Cobalt”) (CSE: BOLT) (OTCQB: PCRCF) (FRANKFURT: NXFE) is pleased to announce assay results from the ongoing 2019 drilling campaign at the Cyclops, Nickel/Cobalt Project Indonesia, located proximal to the world’s largest electric vehicle battery market. The results from 8 of the first 15 holes drilled in the Yapase area have been received. This area covers the north east portion of the project and is peripheral to the main area over which historical exploration was focused. The drilling confirms the development of a complete mineralized laterite profile and is starting to confirm grades and widths which form the basis of the Historical Estimate1 for the Project. Mineralization occurs from surface with elevated cobalt values of up to 0.24% encountered in the limonite layer and is underlain immediately by the limonite transition and saprolite zones containing elevated nickel values of up to 2.65%. Other laterite projects in the region include MMC’s $2.1 billion Ramu nickel mine in Papua New Guinea @ 1.0% nickel; ERAMET’s Weda Bay @ 1.36 % nickel; and ANTAM’s Gag island @ 1.63% nickel, both in Indonesia. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report