Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) this
morning released an update letter from the company’s president and CEO Ranjeet
Sundher. Per the update, the company is presently working to advance its 100%
controlled Cyclops laterite nickel-cobalt project in Indonesia. Among other
highlights, Pacific Rim Cobalt has completed over 60 drill holes to date at the
project which consistently reveal strong mineralization occurring from surface
(up to 12m depth). Looking forward, the company anticipates to achieve
milestones that include meeting with representatives from Beijing Easpring with
the goal of finalizing the preliminary offtake agreement announced on July 11,
2018; sampling production of battery-grade nickel and cobalt cathode material
for marketing purposes; developing process flow design criteria for subsequent
mini-pilot/pilot plant testing; and producing a maiden 43-101 resource
estimate. “I’m proud of what we have accomplished to date on our Cyclops
project. With offices in Vancouver, Shanghai and Indonesia, our experienced
team of international directors and employees continue to work hard with a
mission to unlock shareholder value through prudent project selection and
development,” Pacific Rim Cobalt president and CEO Ranjeet Sundher stated in
the news release.
To view the full press release, visit http://ibn.fm/6o0OX
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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