Business
Go Cobalt Samples 2% V2O5 from Black Sediments at Barachois
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Go Cobalt Mining Corp. (CSE: GOCO) ("Go Cobalt" and/or the "Company") is pleased to announce
About this update from Go Metals Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Go Cobalt Mining Corp. (CSE: GOCO) (\"Go Cobalt\" and/or the \"Company\") is pleased to announce preliminary rock sample results of up to 2.01% Vanadium Pentoxide (V2O5) from organic rich sediments at the Barachois Vanadium project. The preliminary program successfully confirmed historically reported high-grades of greater than 1% vanadium and identified the rock units that host vanadium mineralization on the project. The company has an option to earn 100% interest in the project. The Barachois Vanadium prospect is located in Quebec, Canada. Scott Sheldon, President of Go Cobalt comments: \"The confirmation of high-grade vanadium on the Barachois has given us some clear targets moving forward. Our team is excited to start planning our 2019 program on the property. The current demand for Vanadium gives us good reason to advance the project in the coming exploration season. A Canadian project with easy access translates into a relatively low-cost exploration prospect.\" Preliminary sample results Preliminary sample results are reported in the Table 1 below. One sample yielded 2.01% vanadium pentoxide, 42.6g/t silver and 1.18% lead. Table 1: Preliminary Sample Locations and Selective Rock Sample Results from the Barachois Project. Sample ID Rock Type UTM-E UTM-N Ag (g/t) Pb (%) Zn (%) Co (%) V2O5 (%) 3216832 Mudstone 402039 5382996 3.3 0.16 0.06 0.009 0.36 3216833 Mudstone 402020 5382999 1.5 0.03 0.03 0.003 0.01 3216834 Conglomerate 402012 5382997 3.3 0.06 0.07 0.005 0.01 3216835 Organic rich layer 402003 5382999 5 0.14 0.01 0.014 0.34 3216836 Mudstone 401595 5383191 <0.1 0 0.01 0.002 0.01 3216837 Organic rich layer 401167 5383338 42.6 1.18 0.05 0.04 2.01 3216838 Conglomerate 401167 5383338 2.2 0.18 0.01 0.003 0.01 3216839 Conglomerate 401167 5383338 2.2 0.15 0.01 0.003 0 3216840 Conglomerate 401167 5383338 2.1 0.07 0.02 0.003 0.01 3216841 Conglomerate 401167 5383338 2.3 0.04 0.06 0.003 0.01 *UTM coordinates are in metres (m) and are stated in the North American Datum projection (NAD83) Historical work and exploration strategy The project contains three widely spaced historical multi-element occurrences hosted in mudstones, shales, sandstones and conglomerates. The sedimentary units hosting mineralization are relatively flat lying and contain mineralization whe...