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Cruz Cobalt Corp (TSXV:CUZ) recently announced that it significantly increased its land position from 4,935 acres to 15,219 acres on the BC Purcell cobalt prospect.
Cruz Cobalt Corp (TSXV:CUZ) recently announced that it significantly increased its land position from 4,935 acres to 15,219 acres on the BC Purcell cobalt prospect. InvestmentPitch Media has produced a video that focused on this recent news, combined with an overview of the company.
“We are pleased to have significantly increased our acreage in BC on both the Purcell and War Eagle cobalt prospects,” Cruz Cobalt President is quoted as saying. “The airborne data shows strong magnetic anomalies extending into the new acreage acquired in this emerging cobalt camp. We plan to get on the ground as soon as possible to incorporate the new airborne data with ground proofing. We currently have more cash on hand than at any other point to undertake our multiple planned work programs. Cruz is in a prime position to take advantage of the continued global focus on ethically sourced cobalt to supply the exploding demand for lithium/cobalt based batteries primarily for use in electric vehicles. Cruz has prospects in what we feel are most of the prime cobalt camps in North America and we are very optimistic that 2018 will be a breakout year for cobalt prices.”
To watch the full video, click here.
Click here to connect with Cruz Cobalt Corp (TSXV:CUZ) for more information
