Global Cobalt Corp Preparing NI 43-101 Mineral Resource Report on Karakul Cobalt Project, Reports Final Assay Results

Global Cobalt Corp. (TSXV:GCO) released final drill results from its Winter 2013 work program at the Karakul Project in Russia. Highlights included prime targets for drilling in the eastern zone of the project with additional high priority targets to be explored further in a Spring 2014 drill program. Reporting on these assay results will allow Global Cobalt to prepare its NI 43-101 compliant resource report.

As quoted in the press release, Vice President of Exploration, Paul Sarjeant said:

The Eastern Zone represents a key target for future resource expansion drilling and continues with the trend of the balance of results that the deposit remains open at depth. This is an exciting time for the Company having achieved another key milestone by reporting on the final set of assay results from the 2013 work program. This now allows us to prepare the resource update, which we anticipate to be completed by mid-May.

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