Mr. James Nelson reports
CRUZ COBALT COMMENCES AIRBORNE WORK PROGRAM ON FOUR SEPARATE ONTARIO COBALT PROSPECTS
Eagle GeoPhysics, based out of Quebec, has now commenced the airborne work program over Cruz Cobalt Corp.’s four separate Ontario cobalt properties. The airborne survey is the first of several work programs that are being formulated.
Cruz president James Nelson stated: “We are pleased to be under way on the airborne survey. This survey will greatly assist in the focus of the planned upcoming drill program as Cruz has one of the largest land packages in the Ontario cobalt district. This substantial acreage was primarily acquired well over a year ago, much earlier than most new entrants to the cobalt district. We look forward to uncovering some additional data that may provide new cobalt targets as well as tightening up our current areas of focus.”
Cruz currently has nine cobalt projects located throughout North America, comprising four in Ontario, three in British Columbia, one in Idaho and one in Montana. Cruz’s four separate Ontario cobalt prospects are all located in the vicinity of the town of Cobalt, making Cruz one of the single-largest landholders in this emerging cobalt district. Cruz’s Ontario projects include the 900-acre Coleman cobalt prospect, the 900-acre Johnson cobalt prospect, the 5,500-acre Hector cobalt prospect and the 1,480-acre Bucke cobalt prospect. The company’s 4,935-acre War Eagle cobalt prospect in British Columbia covers a past-producing mine.