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Quantum Cobalt receives approval for exploration plan at Kahuna Project
VANCOUVER, June 26, 2018 /CNW/ - Quantum Cobalt Corp. (CSE: QBOT) (OTC: BRVVF) (FRA: 23B) ("Quantum" or the "Company") wishes to announce it has received approv
About this update from Quantum Battery Metals Corp.
[{"type":"text","content":" VANCOUVER, June 26, 2018 /CNW/ - Quantum Cobalt Corp. (CSE: QBOT) (OTC: BRVVF) (FRA: 23B) (\"Quantum\" or the \"Company\") wishes to announce it has received approval for an exploration plan at the Kahuna Cobalt Property (the \"Kahuna Property\" or the \"Property\"), located 14km North East of Temagami, Ontario. The exploration plan details and permits Quantum's desired work programs over the property for the 2018 season. With news of the approval, the company is mobilising a field crew to commence work on the project later this month. Quantum will build and develop exploration on the Kahuna project following successful fieldworks completed in late 2017. Emphasis will be along strike in both directions from the historic Friday mines area. The 2017 program showed soil sampling to be a particular effective means of exploration, and will therefore be utilised going forward. The 2018 field crew will operate from a fly camp onsite, and plan on completing a 750 sample soil program, trenching, mapping and prospecting. The soil sampling program will include infill and follow up sampling from last year's results, as well as a broad survey over the project. By completing a more comprehensive sampling program, the company will better define the project and generate targets for future exploration. Included in the approved exploration plan is the prior approval of an IP geophysical survey, which the company intends on undertaking later in the year, in order to follow up on soil sampling. About the Kahuna Cobalt Property: LocationThe Kahuna Cobalt property is located 14 km northeast of the town of Temagami and 37km south of the town of Cobalt near the eastern border of Ontario. The district is mining friendly having a rich history of cobalt and silver production. The epicentre of past producing cobalt mines in Ontario. Property Status and ConfigurationThe Kahuna Cobalt property is comprised of 77 claim units and covers approximately 1,200 hectares. Access and InfrastructureThe Property is accessible by boat from Lorrain Lake which is accessed by 12 km of well maintained gravel surface roads off of leaving a major paved highway connecting the nearby town of Temagami and New Liskeard. The property is located 12 km from rail and power distribution lines. MineralizationCobalt and silver mineralization occurs in calcite veins within the Nip...