Global Cobalt Corp

Powered by Cobalt

  • Stock Index: TSX:GCO.V
  • Price: $0.02
  • Volume: 3000

back Global Cobalt Delivers Highest Grade Assay Results from First Drilling Phase; Confirms Greater Widths of Mineralisation at Depth

January 20, 2014 | Category: Press Releases

VANCOUVER, BC (JANUARY 20TH, 2014)...GLOBAL COBALT CORP. (TSXV:GCO) ("Global Cobalt" and/or the "Company") (TSXV:GCO) is pleased to disclose extremely positive additional assay results from the Company's drilling program at the Karakul Cobalt Project ("Karakul" and/or the "Project") in the Altai Republic of Russia.

Highlights: 
  • Company drills highest grade intercept to date in Hole #199: 3.3m of 0.909% Cobalt (Co) 3.06% Copper (Cu), 0.378% Bismuth (Bi), 0.874% Tungsten (WO3) & 52.433g/t Silver (Ag).
  • New intersections of previously unknown zones at depth appear to show strong grades and indicate the deposit remains open to depth
  • Assay results show continuity of the mineralised zone, confirm the presence of mineralisation as predicted and are consistent with data from previous Soviet-era and Russian work programs
  • Assays on further holes designed for infill and extension results to be released once the data is received and interpreted by the Company
Commenting on these Karakul results, Paul Sarjeant, VP Exploration, said:

"Assay results from the latest drilling supported visual characterisation of sulphide mineralization. The holes released show strong continuity between holes from both historic and the current program. Results to date support our interpretation that mineralised zones overall remain open and in some cases, show stronger width and grade values at depth. This is very positive and we are encouraged by the potential of the Karakul system."

The following table shows the new assay results for selected interval comparison.

Hole #

From

(m)

To

(m)

Length* (m)

Co

(%)

Cu

(%)

Bi

(%)

WO3

(%)

Ag

(g/t)

197

36.9

38.3

1.4

0.002

0.16

0.000

0.264

4.200

59.9

62.8

2.9

0.101

0.385

0.040

0.031

4.972

198

46.6

50.7

4.1

0.314

0.197

0.175

0.007

4.888

150.5

151.1

0.6

0.045

1.313

0.003

0.000

12.800

156.7

160.4

3.7

0.277


  • Mitchell Smith of Global Cobal...
    Sep 14, 2015 | Category: Media & Interviews

    Stockhouse (SH) interviewed Mitchell Smith (MS), Corporate Development at Global Cobalt to better understand the company's objectives in li...

    » Read More
  • Potential Impact on Cobalt fro...
    Sep 9, 2015 | Category: Cobalt News

    Suspension of Operations could compound fears over African cobalt supply at a time where cobalt demand is ramping up due to increased manufactur...

    » Read More
» Get More News
  • Global Cobalt Shareholders Una...
    Sep 1, 2015 | Category: Press Releases

    VANCOUVER, BC / SEPTEMBER 1st, 2015 / GLOBAL COBALT CORP. (TSXV:GCO, OTCBB:GLBCF, FRA:3P0) ("Global Cobalt," and/or the "Company") is pleased to...

    » Read More
  • Global Cobalt Clears Way for G...
    Aug 21, 2015 | Category: Press Releases

    VANCOUVER, BC / AUGUST 21st, 2015 / GLOBAL COBALT CORP. (TSXV:GCO, OTCBB:GLBCF, FRA:3P0) ("Global Cobalt," and/or the "Company") announces that...

    » Read More
» Get More News

1.604.688.4219

Our Twitter Feed
eNewsletter

Stay up to date with all the latest news from Global Coblat direct to your Inbox

Designed, Developed, & Hosted by Spincaster Productions Inc.