Issue link: http://resourceworld.uberflip.com/i/1058321
30 www.resourceworld.com D E C E M B E R / J A N U A R Y 2 0 1 9 Advanced Stage Zinc Exploration In Ireland ( TSXV: ZNG ) that tested shallow mineralization. Exploration at the Kabolele and 292 projects included road building, drill- ing, trenching and sampling. Brixton Metals Corp. [BBB-TSXV; BXTMF-OTC] released additional drill results from its 100%-owned Hudson Bay Project in the Cobalt Camp, northeast Ontario. Highlights from 11 holes included hole HB18- 31 that intersected 1 metre of 3,290 g/t silver, 0.29% nickel and 0.14% cobalt within 2.00 metres of 1,667.30 g/t silver, 0.15% nickel and 0.07% cobalt from a 22-metre depth. Hole HB-18-34 intersected 1 metre of 1.96% cobalt and 16.20 g/t silver from 80 metres. Drill results from the nearby Langis Project included 6.00 metres of 4,719.33 g/t silver and 0.33% cobalt. Cobalt 27 Capital Corp. [KBLT-TSXV; CBLLF-OTC] has warehoused almost 3,000 tonnes of cobalt metal in Europe and North America. Martin Vydra, Head of Strategy, told Resource World that the company's busi- ness plan is to offer investors direct exposure to cobalt and electric vehicle battery metals. That was the execu- tion of a business plan. "That 3,000 tonnes of cobalt metal created the foundation of the company being able to launch an IPO and raise money in the capital markets and also raise credit so the cobalt metal is actu- ally collateral against our credit line and it also creates a foundation for our ability to finance the projects we've gone after," he said. "At some point in time, we will look to monetize that to maximize value to our shareholders and return to our shareholders," said Vydra. Cobalt 27 has acquired a US $300 million cobalt stream on Vale's Voisey's Bay Mine in Labrador, includ- ing from the planned Voisey's Bay Mine Expansion. The company's 32.6% Cobalt Stream is expected to deliver approximately 1.9 million pounds of cobalt per year to Cobalt 27, to be settled in physical delivery for the life of the mine, commencing January 1, 2021. Cobalt 27 also has a 55% nickel stream and a 27.5% cobalt stream from Highland Pacific's Ramu Mine in Papua New Guinea as well as eight other royalty streams. Cobalt Power Group Ltd. [CPO-TSXV; CBBWF- OTC] reported that three grab samples collected on the Silver Eagle lease in the Silver Centre area of the Cobalt Mining Camp returned cobalt values of 0.54%, 0.35% and 0.26%. A drill program of four to six holes (total 1000 m) is planned for fall. The company is acquiring the nearby Cliff Lake property. Cruz Cobalt Corp.'s [CUZ-TSXV; BKTPF-OTC; A2DMG8-FSE] crews have mobilized for the start of diamond drilling on its Hector cobalt property located near the town of Cobalt, Ontario. The initial diamond BATTERY MINERALS The development-stage, 100%-owned, Fortune Minerals NICO cobalt-gold- bismuth-copper project located 160 km northwest of Yellowknife, Northwest Territories. Bulk concentrate will be shipped to a refinery that Fortune plans to build in Saskatchewan. Photo courtesy Fortune Minerals Ltd.