Cruz commences operations on BC cobalt prospect

Cruz Cobalt Corp. (CUZ—TSXv, BKTPF—OTCBB, A2DMG8–FSE) Cruz Cobalt Corp. ("Cruz" or the "Company") has commenced operations on the BC ‘War Eagle’ Cobalt prospect.

James Nelson, President of Cruz states, “We are very pleased to start up operations in BC on our cobalt prospect.  We plan to be operational on multiple projects throughout 2018.  We anticipate being one of the most active junior cobalt companies this year and management is very optimistic about the landscape for domestically and ethically sourced cobalt.”

Cruz currently has nine cobalt projects located throughout North America, comprising of four in Ontario, three in British Columbia, one in Idaho and one in Montana. Cruz's four separate Ontario cobalt prospects are all located in the vicinity of the town of Cobalt making Cruz one of the largest landholders in this emerging cobalt district. Cruz's Ontario projects include the 1,265 acre Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre Hector cobalt prospect and the 1,580 acre Bucke cobalt prospect. The company's 4,935 acre War Eagle cobalt prospect in British Columbia covers a past-producing mine. Cruz’s USA projects include the 1,940 acre Chicken Hawk prospect in Montana and the 880 acre Idaho Star prospect.

If you would like to be added to Cruz’s email list please send an email to [email protected] or twitter @CruzCobalt

James Nelson
President
604.899.9150
Toll free 1.855.599.9150

www.cruzcobaltcorp.com
twitter @CruzCobalt

Please see the link below to Cruz Cobalt Corp's fresh video content:

http://www.investmentpitch.com/video/0_1pkqpo2u/Whats-Behind-the-Global-Demand-for-Cobalt

Cruz Cobalt Corp (CUZ—TSXv, BKTPF—OTCBB, A2DMG8–FSE) 
Thank you for your interest in Cruz Cobalt Corp. As you can see there are many compelling reasons to look at Cruz Cobalt Corp immediately. Cruz has recently hired experienced geologists to begin operations on our Ontario, Idaho, and Montana projects. Cruz has recently completed an airborne survey over our 4 Ontario cobalt prospects which has identified 6 primary cobalt targets. Also, Cruz has mobilized crews and commenced work programs on Cruz's 100-per-cent-owned Idaho Star cobalt prospect in Idaho, and Cruz's 100-per-cent-owned Chicken Hawk Cobalt Prospect in Montana, USA.
 
According to President James Nelson, “Cruz employed early mover advantage as Cruz has been able to acquire, what we feel is one of the best collections of high grade cobalt prospects in North America before the majority of the recent cobalt entrants were in the space. Cruz currently has Seven cobalt projects located in Canada, one in Idaho and one in Montana. Cruz's 4 separate Ontario cobalt prospects are all located in the vicinity of the city of Cobalt. According to government mineral files, the 1,265 acre Coleman Cobalt Prospect returned cobalt grades of 13%, the 900 acre Johnson Cobalt Prospect returned grades of 10.5% cobalt, and the 1,580 acre Bucke Cobalt Prospect returned cobalt grades of 13%. The 4,980 acre Hector Cobalt Prospect covers multiple cobalt occurrences. Our 4,935 acre War Eagle Cobalt Prospect in British Columbia covers a past producing mine as well and returned assays of 6.5% cobalt. Cruz’s USA projects include the 1,940 acre Chicken Hawk prospect in Montana and the 880 acre Idaho Star prospect. Based on these projects, management feels that Cruz has amassed a quality portfolio of cobalt assets that have some of the highest historic cobalt grades in North America, which sets Cruz apart from most cobalt companies in the junior space."
 
"We feel that 2018 will be a break out year for cobalt prices and Cruz is well positioned to take full advantage of this. Cruz has the money already raised to commence full operations on these projects with our goal to make Cruz the 'go-to' North American Cobalt project generator and developer. 2018 will be an extremely active period for Cruz and management is optimistic about what will be discovered by Cruz on our cobalt properties.” states President Nelson.
  
Cruz has had one property transaction to date in line with the project generator and developer model.  That Idaho Cobalt Property was vended to US Cobalt Inc (USCO–TSX.v, SCTFF–USA) formerly named Scientific Metals Corp (STM–TSX.v, SCTFF–USA) in late 2016.
 
Cruz is fully cashed up and currently underway with operations on multiple projects in North America. 
 
Cobalt prices have increased significantly over the past 12 months and have recently broken out to new 9-year highs of over $34 per pound. We feel that cobalt prices could have the same type of parabolic move like lithium has had. Similar dynamics that have driven lithium prices higher are present in cobalt, and that is why Cruz established itself at the early stages of this sector move by securing multiple high grade cobalt projects.
Below is the historical Lithium price (USD$) per metric tonne:
As you can see in the map below, Cruz Cobalt also has exposure to the lithium market through its property that is strategically located in the Clayton Valley of Nevada with access to deepest parts of the only lithium brine basin in production in North America.
Planned Lithium-Ion Battery Megafactories:
Additional Information:
 
Here is a good graphic explaining the battery make up and how cobalt fits in: 
 
Here is a link to a recent article reporting about the mining of cobalt in Africa. As you can see this is why we are focused on developing and acquiring high grade projects in politically stable, environmentally responsible and ethical mining jurisdictions:
 
 
 
 
Company Highlights:
 
· Cruz has recently completed an airborne survey over our 4 Ontario cobalt projects which has identified 6 primary cobalt targets
 
· Cruz has mobilized crews and commenced a work program on Cruz's 100-per-cent-owned Idaho Star cobalt prospect in Idaho and Cruz's 100-per-cent-owned Chicken Hawk Cobalt Prospect in Montana, USA
 
· Cruz has recently hired experienced geologists to begin operations on our Ontario, Idaho & Montana projects
 
· The Coleman Cobalt Prospect consisting of approximately 1,265 acres in the Larder Lake mining division of Ontario returned grades of up to 13% cobalt and appear to be an extension of the Tretheway veins (historic data)
 
· The 1,580 acre Bucke Cobalt Prospect in the Larder Lake mining division of Ontario returned assays grading 13% cobalt and 240 g/t silver (historic data)
 
· The 900 acre Johnson Cobalt Prospect in the Larder Lake mining division of Ontario encountered grab assays over 300m up to 10.5% cobalt, 69 g/t AG, 12% NI and .4% CU (historic data)
 
· The Hector Cobalt Prospect consisting of approximately 4,980 acres in the Larder Lake mining division of Ontario covers multiple cobalt occurrences 
 
· The 4,935 acre War Eagle Cobalt Prospect in BC covers a past producing mine and has encountered surface samples of 6.41% cobalt, 3.59% nickel and 7.25% copper (historic data)
 
· The 880 acre Idaho Star Cobalt Prospect has Geological data showing this prospect area to have been active for mining of cobalt, silver and copper in the past
 
· In Montana, the 1,950 acre Chicken Hawk Cobalt Prospect claims surround 4 patented claims, no less than 15 prospects, and 3 adits
 
· Cobalt is one of the main elements in Lithium-Ion batteries
 
· Cruz Cobalt also has exposure to the lithium market through its property that is strategically located in the Clayton Valley of Nevada with access to deepest parts of the only lithium brine basin in production in North America.
 
 
If you would like to be added to Cruz’s email list please send an email to [email protected] or twitter @CruzCobalt
 
Thank you for your time and consideration,
 
James Nelson
President
Toll free 1.855.599.9150
twitter @CruzCobalt