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eCobalt Resource Extension Drilling Hits Mineralized Zone at ICP
Dec. 14, 2017 09:07AM PST
Battery Metals Investing
eCobalt Solutions Inc. (TSX: ECS; OTCQX: ECSIF; Frankfurt: ECO) (“eCobalt” or the “Company”) is reporting receipt of assays for the first of three completed resource definition diamond drill holes which confirm intercepts above the current resource grade cut-off drilled on the Company’s Idaho Cobalt Project (“ICP”) located near Salmon, Idaho. These drill holes were recommended …
eCobalt Solutions Inc. (TSX: ECS; OTCQX: ECSIF; Frankfurt: ECO) (“eCobalt” or the “Company”) is reporting receipt of assays for the first of three completed resource definition diamond drill holes which confirm intercepts above the current resource grade cut-off drilled on the Company’s Idaho Cobalt Project (“ICP”) located near Salmon, Idaho. These drill holes were recommended by Micon International Ltd. (“Micon”) with the goal of upgrading a portion of inferred resources to indicated resources for inclusion in an updated feasibility study with optimized level mine plans and production schedules.
As quoted in the press release:
Mr. Paul Farquharson, President and C.E.O. of the Company commented: “The Company is pleased to announce the first results of our 2017drilling program which demonstrate the strength and continuity of the Company’s ICP resource and continuation of high grade mineralization on strike and depth in this deposit. The Company will continue to report these exciting results as it delivers on our intent to maximize value to its shareholders through continued development of measurable asset values.”
