Cruz Capital Corp. Increases Acreage of Johnson Cobalt Prospect in Ontario

VANCOUVER, BC / ACCESSWIRE / September 19, 2016 / Cruz Capital Corp (TSXV:CUZ, BKTPD—USA, A2AG5M–Germany) is pleased to announce that the company has increased the property by 22 claim units to now comprise of approximately 900 acres. The Johnson Cobalt Prospect is one of 4 cobalt prospects in Ontario that the company controls. Management expects to commence operations in Ontario shortly utilizing the flow through funds on hand.

The Johnson Cobalt Prospect consists of approximately 900 acres in the Kirkland Lake mining district of Ontario. According to file MDl31M05NE00120 from 1980, grab assays over 300 metres returned up to 10.5% cobalt, 69 g/t AG, 12% NI and .4% CU. The company plans to commence work to fully assess this property shortly.

Cruz President, James Nelson, stated, “This is a very exciting time for Cruz management and shareholders. We are coming into a period of significant activity on our cobalt assets. We feel that cobalt is at the earliest stages of a bull market for cobalt prices. Cruz has established itself at the forefront in the junior cobalt space as we now currently have 8 separate projects in the politically safe jurisdiction of North America.”

Connect with Cruz Capital Corp (TSXV:CUZ, BKTPD—USA, A2AG5M–Germany) to receive an Investor Presentation.