Resource World Magazine

38 www.resourceworld.com A P R I L / M A Y 2 0 1 8 WHY CRUZ IS COMPELLING NOW • Cruz has 9 separate high-grade cobalt prospects across North America • Exploration in Ontario, BC, Idaho & Montana will occur in 2018 • Cruz is fully financed with more cash on hand than at any other point • An airborne survey over the Ontario cobalt prospects has identified 6 primary cobalt targets • Airborne data gathered on Cruz's BC prospects has shown strong magnetic features • Market internals are strong for a continued cobalt rally • Cobalt Price per pound is at 10-year highs. CUZ–TSXv BKTPF–USA A2DMG8–Germany 604.899.9150 | www.cruzcobaltcorp.com info@cruzcobaltcorp.com twitter@CruzCobalt THE FOREMOST COBALT PROJECT GENERATOR AND DEVELOPER and the underground sampling program is continuing with more results pending. Canada Cobalt is also preparing for further rehabilitation of old workings and initial underground drilling on the first level of the mine. CBLT Inc. [CBLT-TSXV] is exploring the 256-hectare Copper Prince property located in the Sudbury Mining District. The property lies within the Sudbury Structure and the area explored is about 4 km SE of the ovoid of the Sudbury Intrusive Complex. In summer 2016, CBLT completed mech- anized stripping, prospecting and diamond drilling in the area of Ed's Watering Hole where narrow quartz-amphibole veins carrying significant amounts of cobaltite and gold were observed. Significant gold, cobalt, copper and nickel values were reported (up to 4.5% cobalt, 25.5 g/t gold from the program. Cobalt 27 Capital Corp. [KBLT-TSCV; CBLLF-OTC] offers pure-play exposure to cobalt through a strategy that involves holding physical cobalt, streams and royal- ties. See Cobalt 27 story on page 44. Cobalt Power Group Ltd. [CPO-TSXV; CBBWF-OTC] has amassed a portfolio of cobalt projects including the 1,170-hect- are Smith Project in the Cobalt Camp. In September 2017, the company acquired the 7,567-hectare Canadian Cobalt Project in the camp along with several exploration license applications in historic cobalt min- ing areas of southern Sweden. In August 2017, Cobalt Power estab- lished a strategic alliance with Hochschild Mining Holdings, a well-established senior mining company that currently operates four underground precious metal mines. In February 2018, Cobalt Power announced an agreement to acquire Ontario Cobalt Property Developers, a pri- vately held mineral exploration company which holds 14 strategically located claims exhibiting critical features for Co-Ag min- eralization within the Cobalt Camp. The company is fully funded for an aggressive 2018 exploration program. Cruz Cobalt Corp. [CUZ-TSXV; BKTPF- OTC; A2DMg8-FSE] has nine cobalt projects in North America including five in Ontario, all located near the town of Cobalt. Cruz is one of the largest landholders in the emerging cobalt district. The company's Ontario projects include the 1,265-acre Coleman prospect, the 900-acre Johnson prospect, the 4,980-acre Hector prospect, the 1,580-acre Bucke prospect and the 10,556-Lorraine prospect. According to Cruz President, James Nelson, "Cruz has prospects in what we feel are most of the prime cobalt camps in North America and we are very optimistic that 2018 will be a breakout year for cobalt prices." In November last year, Explorex Resources Inc. [EX-CSE; EXPXF-OTC] acquired the right to earn a 100% interest in Canadian Gold Miner's Cobalt-Paragon Project in Ontario's Elk Lake Mining Camp. The property encompasses two his- toric mines: the Cobalt-Frontenac and the Paragon-Hitchcock mines. Recent sampling of stockpiled material from underground workings at the Paragon Hitchcock Mine returned values ranging from 8.79 to 414 g/t silver, 0.06 to 9.86 g/t gold, and 0.08 to 9.25% cobalt. Stripping and trenching at the Cobalt–Frontenac Mine in the vicin- ity of the shaft exposed a 30-metre wide outcrop hosting a NE-trending, sheared quartz vein that returned a grab sample grading 11.2 g/t gold and a channel sample grading 3.0 g/t gold over 0.50 metres. First Cobalt Corp.'s [FCC-TSXV; FTSSF- OTC] primary focus is on its Greater Cobalt Project which includes over 10,000 hect- ares of prospective land including over 50 past producing mines, a mill, and the only permitted cobalt refinery in North America capable of producing battery- grade materials. In 2017, the company conducted mag- netism, resistivity and televiewer surveys on historic drill holes at the Keeley and Frontier mines in the Cobalt South area prior to drilling. The borehole program is continuing this year and is intended to expand known zones of cobalt mineral- ization and further define the controlling structures within these two areas. First Cobalt plans to acquire all of COBALT

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