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p r o F e s s i o n a l d i r e c t o r Y
WE PROMISE AND WE DELIVER
LILTHIUM PROJECTS
FOR INITIAL PUBLIC OFFERING
Fayz Yacoub
Professional Geologist
Tel: (604) 831-0424 Email: fayz@ontrackexploration.com
www.ontrackexploration.com
ity prospects. We have started in Canada and are now evaluating North
American and Australian prospects. The prospects will be available for
option or selling outright making the company self-financing."
In late July, Cruz Capital acquired six prospects in Canada; two in BC
and four in the famous Cobalt Mining Camp of northeast Ontario. In 1903
extremely rich silver veins were discovered which also hosted significant
quantities of cobalt – not yet an important metal. By 1905 there were
sixteen mines with many more to come. Cobalt became the richest silver
camp in the world. Silver-cobalt mineralization was widespread, often
occurring in many parallel veins and dozens of mines achieved produc-
tion. The last mines closed down in the early 1980s – sometimes leaving
behind attractive mineralization at today's metal prices. With the advent
of lithium-cobalt ion batteries and several factories under construction,
the Cobalt Mining Camp offers a compelling case for discovering and
developing mineral prospects hosting the critical specialty metal cobalt.
Cruz Capital has just over eight million shares outstanding and seven
separate cobalt assets.
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An aerial view of the Fortune minerals NICo project 160 km northwest of
Yellowknife, Northwest territories during the test mining phase. photo
courtesy Fortune minerals Ltd.