NetworkNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) to Capitalize on Quickly Growing EV Supply Chain in Indonesia, China

March 19, 2020 13:44:12

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), formerly Pacific Rim Cobalt Corp., is an exploration company focused on the acquisition and development of production-grade cobalt and nickel deposits. Presently, the company is positioned to benefit from rising demand for the materials that power electric vehicles (“EVs”). A recent article discussing the company reads, “Bolt Metals Corp. employs a vertically integrated ‘minerals-to-market’ strategy to leverage its production-grade battery metals projects to their fullest, Sundher said. The company’s flagship project, Cyclops (, is uniquely positioned within Indonesia, the world’s largest producer of nickel, and in proximity to China and features near-surface, strong nickel-cobalt mineralization. The property is situated in an area with excellent infrastructure, including a nearby workforce, supplies, sealed roads, ocean access, nearby port facility and gentle topography. Nestled on the north coast of Papua, Indonesia, Cyclops establishes the company well within the economically attractive ocean-going transportation range to Asia and its lucrative, growing industrial markets. . . . From drilling and permitting to processing ore and discussions with offtake partners, the results are promising. Sundher cited the project’s 99% recovery on nickel and 96% recovery on cobalt as two major factors that made 2019 such a pivotal year for the company. Those results provide solid evidence that the Cyclops project is aligned perfectly to fit the supply chain criteria for the EV sector in Asia, as the company’s end goal is to become a key contributor to Asia-Pacific’s rapidly expanding EV and battery supply chain.”

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About Bolt Metals

Bolt Metals Corp. 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

NOTE TO INVESTORS: The latest news and updates relating to PCRCF are available in the company’s newsroom at

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