Business
Go Cobalt Begins 2018 Exploration Program on the Yukon Monster Property
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2018) - Go Cobalt Mining Corp. (CSE: GOCO) ("Go Cobalt" or the "Company") is pleased to announce that it
About this update from Go Metals Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - June 21, 2018) - Go Cobalt Mining Corp. (CSE: GOCO) (\"Go Cobalt\" or the \"Company\") is pleased to announce that it has mobilized for the summer work program in the Yukon. The Company has also completed the registration of additional claims at the Monster Property (\"the Property\") located in west-central Yukon Territory in the Traditional Territory of Tr'ondëk Hwëch'in First Nation (\"THFN\"). The Monster project now consists of 283 quartz claims. The additional claims comprise of an area of 2,000 ha which brings the total Monster land package to 6,000 ha. The new claims were staked based on historical data compiled by Go Cobalt in 2018. New staking increases property claims by approximately 30% The Monster now covers approximately 60 km2 of prospective ground Go Cobalt owns a 100% mining interest in the claims Jaap Verbaas, VP Exploration commented, \"The Monster project represents a large, prospective opportunity. We are excited to continue to vector into potential higher-grade cobalt-copper-gold mineralization as we develop our knowledge of the geology and structural setting. The additional claims secure potential extensions of known zones and targets.\" Field program Gorilla Minerals has mobilized to the Monster Property to continue exploration. The current work aims to further the understanding of the lithological and structural control on mineralization, both exposed and subsurface. The planned work includes: Property wide airborne magnetic and radiometric surveys by Precision GeoSurveys Examination of targets recently defined using Remote Spectral Geology (RSG) Extensive soil sampling of prospective targets Lithological and structural mapping of prospective target areas About the Wernecke Breccia Go Cobalt now covers 6,000 hectares of the Wernecke Breccia in the northern Wernecke Breccia belt. The Wernecke Breccia is a roughly linear EW trending belt of breccia zones that host hematitic Iron Oxide Copper & Gold (IOCG) occurrences. Go Cobalt has identified zones of high cobalt (up to 2.8% Co), copper (up to 44.8% Cu) and gold (up to 1 g/t Au) concentrations and consolidated this ground. The Monster Property contains multiple historic showings of polymetallic mineralization. All mineralization on the Monster Property occurs within or immediately adjacent to ...