![]() ![]() This news release contains certain statements that constitute forward-looking statements as they relate to the Company and its management. CBLT continues to be a project generator and an efficient steward of its shareholders' capital. A finder's fee equal to 24,000 CBLT shares issued at $0.08 per share was paid to an arm's length person on this transaction.ĬBLT is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. CBLT also granted the Vendor a 2% NSR, one-half of which can be repurchased at CBLT's option at any time for $1,000,000. The purchase price paid on closing was $10,000 cash and $15,000 in CBLT common shares issued at eight ($0.08) cents per share. a September, 2017 grab sample which assayed 85.6 grams of gold/t and 0.11% cobalt.a grab sample from 1999 which assayed 3.8 grams of gold/t and 0.1% cobalt and.a 50 foot shaft sunk in 1923 yielded results of 5 to 6 ounces of gold per tonne.Historic results at MacTrack, which were conducted by third parties and cannot be relied upon until CBLT carries out further exploration, technical due diligence and data compilation, include: One of CBLT's directors has first-hand knowledge of these claims as he previously carried out exploration activities for an unrelated third party at MacTrack. Historically on the MacTrack Claims, gold and cobalt values have been encountered by third parties on the sediment-gabbro contact. CBLT expects cobalt to maintain this level and to further test multi-year highs. Today, it is trading at USD$77,000 per tonne, an increase of over 350% in under two years. In February of 2016, cobalt was trading on the London Metal Exchange at USD$21,750 per tonne. "As the use of lithium ion batteries grows, so too will demand for battery metals like cobalt." "M&A activity in the efficient acquisition of poly-metallic assets including cobalt is a cornerstone of CBLT's business plan," said Peter M. They total 29 units covering roughly 1300 acres, and appear to management to be underlain by Nipissing Gabbro in contact with sediments of the Gowganda Formation. The MacTrack Claims are northeast of CBLT's existing flagship gold and cobalt property, and in management's opinion are highly prospective for cobalt and gold. (TSXV: CBLT) (" CBLT") announces it has closed its previously announced agreement with arm's length vendors (the "Vendor") to purchase two unpatented claims (the "MacTrack Claims") near Sudbury, Ontario. If not, you can still listen to/watch wifi client -> saved SSID probes and manually search on their website.ĭOWNLOAD fancy atm (I will add more controls over time).Burlington, Ontario-(Newsfile Corp. To use the SSID location search prompt option, you need to sign up for access to the wigle API (sorry can't share my account :-P). I included an install.sh script to install it right to the desktop of Phosh. I found testing results useful/interesting/handy to have on demand, at the touch of a finger. ![]()
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