Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE),
formerly Pacific Rim Cobalt Corp., is an exploration company focused on the
acquisition and development of production-grade cobalt and nickel deposits.
Presently, the company is positioned to benefit from rising demand for the
materials that power electric vehicles (“EVs”). A recent article discussing the
company reads, “Bolt Metals Corp. employs a vertically integrated
‘minerals-to-market’ strategy to leverage its production-grade battery metals
projects to their fullest, Sundher said. The company’s flagship
project, Cyclops (http://ibn.fm/jdjhA),
is uniquely positioned within Indonesia, the world’s largest producer of
nickel, and in proximity to China and features near-surface, strong nickel-cobalt
mineralization. The property is situated in an area with excellent
infrastructure, including a nearby workforce, supplies, sealed roads, ocean
access, nearby port facility and gentle topography. Nestled on the north coast
of Papua, Indonesia, Cyclops establishes the company well within the
economically attractive ocean-going transportation range to Asia and its
lucrative, growing industrial markets. . . . From drilling and permitting to
processing ore and discussions with offtake partners, the results are
promising. Sundher cited the project’s 99% recovery on nickel and 96% recovery
on cobalt as two major factors that made 2019 such a pivotal year for the
company. Those results provide solid evidence that the Cyclops project is
aligned perfectly to fit the supply chain criteria for the EV sector in Asia,
as the company’s end goal is to become a key contributor to Asia-Pacific’s
rapidly expanding EV and battery supply chain.”
To view the full article, visit http://ibn.fm/wDUU1
About Bolt Metals
Bolt Metals Corp. 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.BoltMetals.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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