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Cruz Cobalt now permitted to drill the Bucke project in Ontario

Monday, July 17, 2017 4:09
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Cruz Cobalt Corp (CVE:CUZ) has received a drill permit for tis 1,480 acre Bucke cobalt project near Cobalt, Ontario.

“Our goal is to set to work as soon as possible on this property and we currently have more than sufficient cash on hand to undertake the multiple planned work programmes,” said Cruz President James Nelson.

“We are very optimistic about the future price of cobalt as demand continues to strengthen and in fact just last week the spot price of cobalt reached new nine year highs of US$27.90.

Crux currently has nine cobalt projects located throughout North America, comprising four in Ontario, three in British Columbia, one in Idaho and one in Montana.

“Cruz is set to be one of the most active junior cobalt companies in the coming months, with multiple work programs expected to commence in multiple countries, States and Provinces,” said Nelson.

Story by ProactiveInvestors


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