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Quantum Cobalt Samples up to 10.59% Cobalt at Kahuna Project
VANCOUVER, Dec. 18, 2017 /CNW/ - Quantum Cobalt Corp. (CSE: QBOT; OTC: BRVVF; FRA: 23B) ("Quantum" or the "Company") wishes to announce results from the 100% ow
About this update from Quantum Battery Metals Corp.
[{"type":"text","content":"VANCOUVER, Dec. 18, 2017 /CNW/ - Quantum Cobalt Corp. (CSE: QBOT; OTC: BRVVF; FRA: 23B) (\"Quantum\" or the \"Company\") wishes to announce results from the 100% owned Kahuna and Rabbit Lake Cobalt Properties (collectively, the \"Properties\" or the \"Property\"). The Kahuna and Rabbit Lake Properties lie in the famous Ontario 'Cobalt' district approximately 37km and 47km south of the town of Cobalt, Ontario respectively. Kahuna Cobalt Property Results The recent exploration program consisted of prospecting, geologic mapping and geochemical sampling. A total of 166 soil samples and 28 grab samples were collected and submitted for assay at Acme Laboratories in Timmins, ON. Eleven of the grab samples reported above 100ppm cobalt. Of the 11 samples, 9 were collected from historic development rock piles at historic workings. Grab samples are selected samples and are not necessarily representative of the mineralization hosted on the property. Sample No. Sample Type Sample Source Cobalt (%) Nickel (ppm) Silver (g/t) E6690521 Grab Historic Working Pile 10.59 9200.1 11.1 E6690523 Grab Historic Working Pile 2.22 1298.7 1.6 E6690504 Grab Historic Working Pile 0.82 295.5 0.5 E6690506 Grab Historic Working Pile 0.15 105.9 0.4 E6690507 Grab Historic Working Pile 0.10 84 0.02 E6690525 Grab Historic Working Pile 0.10 202.2 0.05 Preliminary review of results from the limited soil sampling program identifies two anomalous areas along strike of historic workings with peak values of up to 460ppm cobalt. The southeastern anomaly is approximately 150m long and is open to the southeast and northwest. Rabbit Lake Cobalt Property Results A recent exploration program was completed over the property, with 126 soil samples and 29 rock samples collected and submitted for assay at Acme Laboratories in Timmins, ON. Peak results in soil samples included 319.9ppm cobalt and 0.31 g/t gold. The historic occurrence on the shoreline of Rabbit Lake is believed to now occur below water level, but mineralisation within structures as well as elevated cobalt in soil samples is observed in the immediate vicinity. Interestingly, the soil samples identified another anomalous zone further south along strike from the historic occurrence. Following these results, additional field work and investigation will be conducted in the spring. About the Kahuna Cobalt Property: Locati...