Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) today announced results from its ongoing 2019 shallow diamond drilling program at its flagship nickel/cobalt development-focused Cyclops Project in Papua Province, Indonesia. Pacific Rim reported that the results continue to confirm the continuity of high-grade nickel mineralization over an area of 600 meters x 300 meters, with intersections of up to 7 meters at 2.05% nickel and 0.10% cobalt and 12 meters at 1.66% nickel and 0.10% cobalt. In addition, the company reported shallow mineralization with elevated cobalt grades including intersections of up to 11 meters at 0.89% nickel and 0.15% cobalt from surface. “The Company is very pleased with this latest round of drill results,” Pacific Rim President and CEO Ranjeet Sundher said in the news release. “The elevated nickel values are of significant importance, considering the commodity’s recent price increase and the role it plays in the battery metals supply chain. We are optimistic about the unique possibility of developing this project into an asset that will add shareholder value.”
To view the full press release, visit http://ibn.fm/6y1FG
About Pacific Rim Cobalt Corp.
Pacific Rim Cobalt is a Canadian‐based exploration company focused on the acquisition and development of production grade nickel and cobalt deposits, key raw material inputs for the growing lithium‐ion battery industry. For more information, visit the company’s website at www.PacificRimCobalt.com.
NOTE TO INVESTORS: The latest news and updates relating to PCRCF are available in the company’s newsroom at http://ibn.fm/PCRCF
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.