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US Cobalt Inc.
Summary
| Project: | Iron Creek | |
|---|---|---|
| Deposit: | Iron Creek | |
| Location: | United States | |
| Commodities: | Cobalt | |
| Date: | 10/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-10-2017: US Cobalt Inc. announces an Exploration/Drilling Update report for its Iron Creek deposit at the Iron Creek project. Drilling results incl. 32.0m @ 0.38% Co from 89.9m. October 4, 2017 – VANCOUVER, BRITISH COLUMBIA – US Cobalt Inc. (the "Compan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Garry Clark (Clark Exploration Consulting) | |
| ABSTRACT: | October 4, 2017 – VANCOUVER, BRITISH COLUMBIA – US Cobalt Inc. (the "Company") (TSXV: USCO) (Frankfurt: 26X) (OTCQB: SCTFF) is pleased to announce analytical results from the first 13 surface core holes drilled during the 2017 exploration program at the Iron Creek cobalt project (the "Property") in Lemhi County, Idaho, USA. The Company has completed the first 24 of a planned 40 core drill holes comprising this surface core drilling campaign. The analytical results for cobalt of the first 13 core drill holes are presented in the table below - all holes encountered sulfide mineralization with significant cobalt. Drill hole IC17-10 contains the most significant copper intercept among the 13 drill holes, encountering a 56 foot wide zone grading 0.91% copper and a 29 foot wide zone grading 1.37% copper. More copper is expected in the holes being drilled to the west. US Cobalt is conducting the first exploration program at Iron Creek in several decades. The Iron Creek Property covers a west-northwest striking, steeply northerly dipping cobalt and copper sulfide bearing zone named the No Name Zone. The 2017 surface drilling campaign is designed to test cobalt and copper mineralization within the No Name Zone over a strike length of 1,600 feet, and a depth extent 700 to 800 feet from surface. The combined length of the first 13 holes is 10,331 feet. A total of 24 holes has been drilled, with a combined length of 19,206 feet. Samples from the next ten holes will be shipped to the lab this week for analysis, with results expected within 3 or 4 weeks of delivery. | |
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