Cameo sam­ples 11.278% Cu, 1,304 ppm Co at Car­rizal

Stockwatch Daily - - MINES & METALS - Mr. Akash Pa­tel re­ports

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.

Qual­i­fied per­son

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

(CRU) Shares: 62,526,216

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