Cobalt Power Group Announces Acquisition of the Bende and Kingston Properties

Cobalt Power Group Inc. (the “Company”) (TSX.V: CPO) is pleased to announce signing an option to purchase a 100% interest in the Bende and Kingston patented mining claims in the Coleman and Bucke Townships of Ontario, respectively, which cover 220 acres (89 ha). The Bende property contains known historical workings, including two mine shafts, three identified veins, and a trench. The Kingston property is located immediately to the west of several historic mine sites which each contained a multitude of veins. This acquisition brings the Company’s total land package in the Cobalt region to 2042 acres (826.4 ha).
As quoted in the press release:

“The Bende and Kingston claims fall within areas of mapped silver/cobalt vein swarms and thereby complement our already robust Smith Cobalt asset,” comments Dr. Andreas Rompel, President & CEO.  “As well, the presence of historical workings and mapped data gives us a significant head start with regards to exploration and development of the property. Both assets form low risk exploration targets which can be advanced in a relatively short period of time.”

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