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Edison Cobalt Reports up to 2.18% Cobalt and up to 7.83 g/t Gold in Prospecting from New North Kittson Zone
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2018) - Edison Cobalt Corp ( "...
About this update from Edison Lithium Corp.
[{"type":"text","content":"Edison Cobalt Reports up to 2.18% Cobalt and up to 7.83 g/t Gold in Prospecting from New North Kittson ZoneVancouver, British Columbia--(Newsfile Corp. - October 2, 2018) - Edison Cobalt Corp (\"Edison Cobalt\" or the \"Company\") (TSXV: EDDY) is pleased to announce that the summer prospecting program on their Kittson-Cobalt Property has identified a new Zone of gold-rich cobalt mineralization located approximately 600 metres north of the historic Kittson mine (Click here to view Map).Neil Pettigrew, President and CEO said: \"The discovery of the North Kittson zone confirms the potential for additional zones of cobalt mineralization on the Kittson-Cobalt Property. Four holes from the current drill program have targeted this new zone, assay results of which should be returned soon.\"The new North Kittson Zone is hosted in north-south fractures in diabase, which contain quartz-carbonate veins similar to other known cobalt zones on the property. The north-south trending diabase has several shallow pits and trenches from historic prospecting, but no records remain of this work. Out of a total of 140 samples collected from the North Kittson Zone, ten returned >0.1% cobalt and four returned1% cobalt. Several samples also contained significant gold values including one sample of 7.83 g/t gold. The North Kittson zone is located approximately 600m north of the former Kittson mine, and appears to be hosted by the same north-south fracture zone. The Kittson mine operated from 1927-1930. Production records are sparse, however 600 pounds of smaltite (a cobalt-bearing mineral) was mined from the 580 foot level and gold assays up to 6.86 g/t were also reported. Sampling of the Kittson mine waste pile by the company during the summer exploration program returned up to 11.0 g/t gold, 0.20% cobalt and 9.12% copper (Table 1.).Table 1. Select North Kittson Zone and Kittson Mine Prospecting Results.Sample NumberZoneMaterialCo wt. %Au g/tAg g/tCu wt. %Ni wt. %760085North KittsonWaste Pile2.180.2193.20.040.28760086North KittsonOutcrop0.190.0260.30.050.04760087North KittsonWaste Pile1.050.0380.60.030.14760089North KittsonWaste Pile0.440.020000.07760094North KittsonWaste Pile1.470.0300.800.11760137Kittson MineWaste Pile0.091.072.30.080.02760183Kittson MineWaste Pile0.2011.0016.39.120.01760193North KittsonOutcrop0.287.8315.78.60.02760226North KittsonO...