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Further Strong Cobalt and Gold Values at CBLT's Flagship Sudbury Project

Sample 616311 returned 54.3 g/t Au, 0.50 % Co Sample 616313 returned 12.8 g/t Au, 0.47%...

articleCblt IncJanuary 22, 20183/company/cblt-inc/news/further-strong-cobalt-and-gold-values-at-cblts-flagship-sudbury-project
Further Strong Cobalt and Gold Values at CBLT's Flagship Sudbury Project

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[{"type":"text","content":"Further Strong Cobalt and Gold Values at CBLT's Flagship Sudbury Project Sample 616311 returned 54.3 g/t Au, 0.50 % Co Sample 616313 returned 12.8 g/t Au, 0.47% Co Sample 616318 returned 4.31 g/t Au, 0.44% CoBurlington, Ontario--(Newsfile Corp. - January 22, 2018) - CBLT Inc. (\"CBLT\") (TSXV: CBLT) is pleased to report on additional sampling completed on the Copper Prince Property in Sudbury, Ontario. These results are in addition to the results reported January 15th, 2018. Grab sample highlights include sample 616311 that returned 54.3 g/t Au, 0.50 % Co; sample 616313 that returned 12.8 g/t Au, 0.47% Co; and, sample 616318 that returned 4.31 g/t Au, 0.44% Co. During November, 2017, CBLT collected 9 grab samples and 38 soil samples from Ed's Watering Hole (\"EWH\") at the south end of the Property. The 9 grab samples were taken at random from bedrock at EWH. The soil samples were taken methodically from two established grid lines, one to the north and one to the south of EWH. The goal of the program was to gather further insight into the surface expressions of the known mineralization.\"We are extremely pleased with how this property continues to reveal itself to us,\" said Peter M. Clausi, CBLT's CEO. \"Today's results combine with the results from the diamond drill program and the OGS' results to show what we believe to be a continuity of gold and cobalt mineralization in the quartz veinworks.\"Grab sample highlights include sample 616311 that returned 54.3 g/t Au, 0.50 % Co; sample 616313 that returned 12.8 g/t Au, 0.47% Co; and, sample 616318 that returned 4.31 g/t Au, 0.44% Co. The grab sample results are provided in Table 1 below.Table 1: Copper Prince Grab SamplesSamplesAu (g/t)Co (ppm)61631154.350206163120.50785.561631312.847106163140.1632506163150.7532846163160.00564.56163170.4635376163184.3144206163190.7952820 The 38 soil samples were taken at 12.5 metre intervals. Grid lines, oriented east-west, were approximately 200 metres in length, with one line located 100 metres north of Ed's Watering Hole, and the other 50 metres south of Ed's Watering Hole. Soil values ranged from 81 to 843 ppb Co; however, CBLT management believes additional sampling is required to accurately interpret these results. CBLT intends to carry out that additional sampling in the 2018 field season, with a view to completing a Phase 2 diamond ...

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