Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) this morning released an update letter from the company’s president and CEO Ranjeet Sundher. Per the update, the company is presently working to advance its 100% controlled Cyclops laterite nickel-cobalt project in Indonesia. Among other highlights, Pacific Rim Cobalt has completed over 60 drill holes to date at the project which consistently reveal strong mineralization occurring from surface (up to 12m depth). Looking forward, the company anticipates to achieve milestones that include meeting with representatives from Beijing Easpring with the goal of finalizing the preliminary offtake agreement announced on July 11, 2018; sampling production of battery-grade nickel and cobalt cathode material for marketing purposes; developing process flow design criteria for subsequent mini-pilot/pilot plant testing; and producing a maiden 43-101 resource estimate. “I’m proud of what we have accomplished to date on our Cyclops project. With offices in Vancouver, Shanghai and Indonesia, our experienced team of international directors and employees continue to work hard with a mission to unlock shareholder value through prudent project selection and development,” Pacific Rim Cobalt president and CEO Ranjeet Sundher stated in the news release.
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About Pacific Rim Cobalt Corp.
Pacific Rim Cobalt is a Canadian‐based exploration company focused on the acquisition and development of production grade nickel and cobalt deposits, key raw material inputs for the growing lithium‐ion battery industry. For more information, visit the company’s website at www.PacificRimCobalt.com.
NOTE TO INVESTORS: The latest news and updates relating to PCRCF are available in the company’s newsroom at http://nnw.fm/PCRCF
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