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CBLT Samples Elevated Gold and Cobalt in Sudbury
Burlington, Ontario--(Newsfile Corp. - March 5, 2018) - CBLT Inc. (TSXV: CBLT) (" CBLT ") is p...
About this update from Cblt Inc
[{"type":"text","content":"CBLT Samples Elevated Gold and Cobalt in SudburyBurlington, Ontario--(Newsfile Corp. - March 5, 2018) - CBLT Inc. (TSXV: CBLT) (\"CBLT\") is pleased to report additional cobalt and copper assays from activities completed by the Ontario Geological Survey (\"OGS\") on CBLT's 100% owned Copper Prince Property. On January 9th, 2018, CBLT reported assays results collected by the OGS's Sudbury District Geologist at Copper Prince.  Highlights included 3.43, 3.57, 6.58, and 27.84 g/t Au, and 1.15% Cu.  Three of the eight samples returned values that exceeded the upper detection limit for cobalt and copper and were re-analyzed. Final results for the over-limit samples have been provided to CBLT by the OGS.  Highlights include 2.43% Cu, 0.21% Co, and 0.44% Co.Samples 17-0287-0001 through to 17-0287-0004 were collected from blast rock at the Copper Prince Showing, and samples 17-0287-0005 through to 17-0287-0008 were collected from outcrop at Ed's Watering Hole.Table 1: Copper Prince Grab Samples, All Eight Samples Collected by OGSSample NumberAu (g/t)Co  (ppm)Cu (ppm)17-0287-00011.71443286617-0287-00023.4344111,52917-0287-0003<0.5513418817-0287-00043.577124,27817-0287-0005< 0.5566417-0287-00061.852,14985917-0287-000727.844,4386817-0287-00086.58147272 These are very exciting results,\" said Peter M. Clausi, CEO. \"Our drilling and sampling have established there is gold and cobalt mineralization around Ed's Watering Hole at the south end of the property. In 2018, we intend to continue to prove up that mineralization with a view to a second drill program in the latter part of the year, and to follow on the strong copper results from the middle of the property.\"Qualified PersonAll grab samples collected by the OGS were selective in nature, and the reported mineralization may not be representative. These analyses were conducted by the Geoscience Laboratories, an ISO 9001 certified laboratory. This press release was drafted under the supervision of Joerg Kleinboeck, P.Geo, who is the Qualified Person in accordance with NI43-101.Forward Looking StatementsThis news release contains certain statements that constitute forward-looking statements as they relate to the Company and its management. Forward-looking statements are not historical facts but represent management's current expectation of future events, and can...