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US Cobalt Inc.
Summary
| Project: | Iron Creek | |
|---|---|---|
| Deposit: | Iron Creek | |
| Location: | United States | |
| Commodities: | Cobalt-Copper | |
| Date: | 3/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-3-2018: US Cobalt Inc. announces an Exploration/Drilling Update report for its Iron Creek deposit at the Iron Creek project. Drilling results incl. 72.4m @ 0.15% Co from 30.2m. VANCOUVER, British Columbia, March 23, 2018 -- US Cobalt Inc. (the "Company | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Garry Clark (Clark Exploration Consulting) | |
| ABSTRACT: | VANCOUVER, British Columbia, March 23, 2018 -- US Cobalt Inc. (the "Company") (TSXV:USCO) (Frankfurt:26X) (OTCQB:USCFF) announces analytical results from a further four surface core holes drilled during 2017 at the Iron Creek project (the "Property") in Idaho, USA. All four core holes encountered sulfide mineralization with significant cobalt values. All widths or thicknesses reported here are true thickness based on 3-D modeling. One hole reported here (IC17-28) is located west of the historical estimates, and is the western-most hole drilled during the 2017 drill campaign completed by the Company. This hole will assist in the guidance of exploration drilling currently underway from underground in Adit Number Two, which is targeting mineralization to the west of the 2017 targets. The remaining three holes reported here continue to fill in areas targeted during the 2017 campaign. The objective of the 40-hole, 35,000 foot (approximately 10,700 meter) 2017 drilling campaign is to confirm the historical estimates of cobalt mineralization (see Company news release - September 7, 2016). The Iron Creek Property covers a westnorthwest striking, steeply northerly dipping mineralized zone which contains cobalt and copper mineralization in sulfides. The 2017 surface drilling campaign is complete and analysis of the samples continues. In anticipation of completing a resource estimate during 2018, the Company has started collecting samples for density testing, mineralogical investigations, and will soon initiate metallurgical testing. | |
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