Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) today
announced results from its ongoing 2019 shallow drilling program at its
flagship Cyclops, nickel/cobalt development project, Indonesia. The drilling is
part of a multi-faceted exploration program focused to confirm historical
results and guide a project development plan. According to the update, highly
anomalous cobalt and nickel were encountered in shallow intersections across a
continuous zone overlying the previously reported nickel saprolite
mineralization. “The Company is very pleased with this latest round of drill
results. The elevated cobalt values are of significant importance, considering
the commodity’s recent price increase and the role it plays in the battery
metals supply chain,” Pacific Rim President and CEO Ranjeet Sundher said in the
news release. “Both our cobalt and nickel results continue to add to our
optimism that the Cyclops project will create shareholder value.”
To view the full press release, visit http://ibn.fm/Dlt8g
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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