Cobalt Power Group Inc. (the “Company”) (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce that a new mineralized zone has been found on the Smith Cobalt project in Cobalt, Ontario. The zone was discovered on surface 800 m southeast of the Smith Cobalt shaft. Approximately 4000 m² surrounding the zone were cleared and work is continuing so that detailed mapping and systematic channel sampling can be carried out. This will allow the Company to develop a drill strategy for the new zone.
As quoted in the press release:
“The discovery of an additional mineralized zone on our Smith Cobalt project is fantastic news for our company,” comments Andy Rompel, President & CEO. “Aligning these new veins with the already known veins at the historic Smith Cobalt mine will expand our knowledge of the silver- and cobalt-bearing mineralization.”