Cameo samples 11.278% Cu, 1,304 ppm Co at Carrizal
FURTHER TO its news release dated Oct. 4, 2018, Cameo Cobalt Corp. has received copper assay and multielement geochemical results from its Carrizal Alto hardrock sampling program. Cameo Cobalt is extremely encouraged by the initial sample results, which are bolstered by strong support from the Chilean Ministry of Mines pertaining to the development of the company’s flagship energy metals assets. The samples were collected during the initial site visit on Oct. 11, 2018, by Cameo Cobalt staff and a consulting Chilean geologist (PGeo) familiar with the area.
The company is currently collaborating with Ridgeline Exploration Services Inc. as well as its Chilean geological team to formulate a detailed year-round exploration program focusing on its Chilean cobalt projects. Cameo Cobalt expects to commence a comprehensive work program on its Carrizal cobalt project during the second quarter of 2019.
All rock samples were transported under strict chain of custody to the MS Analytical Laboratories in Vancouver, B.C. Each sample was crushed to 70 per cent passing two millimetres then a 250-gram split is taken and pulverized to 85 per cent passing 75 microns, subject to a four-acid digestion, and then analyzed
by ICP-AES/MS for a 39-element package. Copper was assayed for potential ore-grade results.
(See CRU Table 1 on page 4)
Akash Patel, chief executive officer of Cameo Cobalt, stated : “The com pany is pleased to report its initial Carrizal sample assays to the market. Cameo will continue to advance its Carrizal cobalt project and hone in on the cobalt mineralization.” Carrizal cobalt project The area acquired is in Carrizal Alto’s historic cobalt-producing region and is located 100 kilometres north of the La Cobaltera district. Project highlights:
• 456 hectares in Carrizal Alto district in Chile;
• Adjacent to historical operating site that has Chilean government production data with high-grade cobalt, as reported by Genlith Inc.
The company’s Carrizal cobalt project is situated in part adjacent to Genlith’s Carrizal Alto project (see Genlith’s news release dated April 11, 2018). Genlith is a Pennsylvania-based holding company focused on energy storage and critical battery materials.
Genlith has reported that cobalt production occurred on its Carrizal Alto projects from 1844 through 1944, mostly for military applications ceasing at the end of the Second World War. Genlith’s Carrizal Alto development plans include expedited drilling and dimensioning programs on high-grade past-producing mines with the objective of providing a clear path to full-scale production. This information is not necessarily indicative of the mineralization on Cameo’s property. Cameo staff have not verified this information from Glenlith’s Carrizal Alto project. Samples were collected from the La Ganadora II claim adjacent to the south of Glenlith’s Carrizal Alto project.
Dr. Harrison Cookenboo, PhD, PGeo, is a qualified person as defined in National Instrument 43-101. He has reviewed and is responsible for the technical information presented in this news release.
We seek Safe Harbor.
Lucas Birdsall, Robert Meister, Akash Patel, Kenneth Clifford Phillippe
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