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CBLT'S Successful Program at Chilton Cobalt in Quebec
Burlington, Ontario--(Newsfile Corp. - July 17, 2018) - CBLT Inc. (TSXV: CBLT) (" CBLT ") prov...
About this update from Cblt Inc
[{"type":"text","content":"CBLT'S Successful Program at Chilton Cobalt in QuebecBurlington, Ontario--(Newsfile Corp. - July 17, 2018) - CBLT Inc. (TSXV: CBLT) (\"CBLT\") provides an update on its exploration work at its 100%-owned Chilton Cobalt property (\"Chilton\"). Management considers this stage to have been a success, setting up for an intended trenching/excavation and diamond drill program in the autumn.In 2017, CBLT carried out a VLF survey and surface sampling at Chilton (CBLT press release of October 17, 2017), which is located 40 kilometres east of Saint-Jovite in the Laurentian region of Quebec, and covers 496.4-hectares over 9 claims. This work identified two large areas for which follow-up was carried out in May 2018, when Pioneer Aerial Surveys Ltd. completed a 67.4-kilometre unmanned aerial vehicle survey (UAV-MAG™) airborne survey of Chilton.Please see the composite map below, which includes data from the 2017 VLF survey, the recent magnetic survey and CBLT's surface reconnaissance work. The magnetic survey has discovered that the geological units underlying Chilton trend southeast rather than southwest as indicated by regional geologic maps.The survey also outlines a number of disruptions in the magnetic signature that correspond to east-trending VLF electromagnetic anomalies delineated by CBLT in 2017. Two of these anomalies, VLF-23 and VLF-05, correspond to the Chilton and Lac Sicotte mineral showings respectively. These two showings and the two anomalies are readily identifiable on the map.Both the Chilton and Lac Sicotte showings are surrounded by Co-Cr-Cu-Ni soil geochemical anomalies. Rock sampling by CBLT in 2017 obtained cobalt values at the Chilton showing ranging from 82 to 953 ppm Co, and at the Lac Sicotte showing ranging from 76 to 878 ppm Co. A third VLF anomaly lying 300 metres north of the Chilton showing also corresponds to a Co-Cr-Cu-Ni soil geochemical anomaly but no cobalt-bearing mineralization has been identified at this site to date.The three VLF anomalies identified above are interpreted to be east-trending faults that may be related to the cobalt mineralization.CBLT has begun the process of obtaining all applicable permits that will allow CBLT to test these targets with trenching and detailed rock sampling, intended to be followed by a first round of drilling. This work is expected to commence in...