Canada-based exploration company Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) this morning reported results from its ongoing 2019 shallow vertical diamond drilling program at its flagship Cyclops, nickel/cobalt development project located in Papua Province, Indonesia. Per the update, assay results of the 20 step-out holes drilled to date confirmed possible expansion of the mineralized footprint outlined in the historical estimate. Data from the multi-faceted exploration program is intended to result in an updated mineral resource and to be used as the foundation for a preliminary economic assessment for the project in the future. Completion of the resource calculation is anticipated for late 2019.
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About Pacific Rim Cobalt Corp.
Pacific Rim Cobalt Corp. is a Canadian publicly listed company currently focused on the 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.
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