Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) today
announced results from its ongoing 2019 shallow diamond drilling program at its
flagship nickel/cobalt development-focused Cyclops Project in Papua Province,
Indonesia. Pacific Rim reported that the results continue to confirm the
continuity of high-grade nickel mineralization over an area of 600 meters x 300
meters, with intersections of up to 7 meters at 2.05% nickel and 0.10% cobalt
and 12 meters at 1.66% nickel and 0.10% cobalt. In addition, the company
reported shallow mineralization with elevated cobalt grades including
intersections of up to 11 meters at 0.89% nickel and 0.15% cobalt from surface.
“The Company is very pleased with this latest round of drill results,” Pacific
Rim President and CEO Ranjeet Sundher said in the news release. “The elevated
nickel values are of significant importance, considering the commodity’s recent
price increase and the role it plays in the battery metals supply chain. We are
optimistic about the unique possibility of developing this project into an
asset that will add shareholder value.”
To view the full press release, visit http://ibn.fm/6y1FG
About Pacific Rim Cobalt Corp.
Pacific Rim Cobalt is a Canadian‐based exploration company
focused on the acquisition and development of production grade nickel and
cobalt deposits, key raw material inputs for the growing lithium‐ion battery
industry. For more information, visit the company’s website at www.PacificRimCobalt.com.
NOTE TO INVESTORS: The latest news and updates
relating to PCRCF are available in the company’s newsroom at http://ibn.fm/PCRCF
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