Cobalt Power Group Reports New Outcrop with Veins on Proteus Property and Structural Analysis of Smith Cobalt East Outcrop

Oct. 31, 2017 08:52AM PST

Cobalt Power Group Inc. (the “Company”) (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce that a new outcrop been found on the Proteus property in Cobalt, Ontario, and that an exploration plan has been approved.Work has already begun, including opening up trenches and pits, which resulted in the exposing of several veins. These veins have been sampled and assay results are pending. Additionally, the Company has conducted a 2D seismic survey with the Mineral Exploration Research Centre (MERC) at Laurentian University in Sudbury.
As quoted in the press release:

“We are excited about the new outcrop and vein showings on our Proteus concession,” comments Dr. Andreas Rompel, President & CEO. “In order to increase opportunities to detect mineralization, we plan to continue opening up more strike length along these veins.”

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