Date: Nov 28, 2018
Go Cobalt Mining Corp. (CSE:GOCO) (“Go Cobalt” and/or the “Company”) is pleased to announce preliminary rock sample results of up to 2.01% Vanadium Pentoxide (V2O5) from organic rich sediments at the Barachois Vanadium project. The preliminary program successfully confirmed historically reported high-grades of greater than 1% vanadium and identified the rock units that host vanadium mineralization on the project. The company has an option to earn 100% interest in the project. The Barachois Vanadium prospect is located in Quebec, Canada.
Scott Sheldon, President of Go Cobalt comments: “The confirmation of high-grade vanadium on the Barachois has given us some clear targets moving forward. Our team is excited to start planning our 2019 program on the property. The current demand for Vanadium gives us good reason to advance the project in the coming exploration season. A Canadian project with easy access translates into a relatively low-cost exploration prospect.”
Preliminary sample results
Preliminary sample results are reported in the Table 1 below. One sample yielded 2.01% vanadium pentoxide, 42.6g/t silver and 1.18% lead.
Table 1: Preliminary Sample Locations and Selective Rock Sample Results from the Barachois Project.
*UTM coordinates are in metres (m) and are stated in the North American Datum projection (NAD83)
Historical work and exploration strategy
