SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (93366)9/4/2020 4:02:09 AM
From: Goose94Respond to of 203329
 
Cruz Cobalt (CUZR-Cse) As you can see there are many exciting and compelling things coming ahead for Cruz which is why you should be paying close attention to the company right now. Recent project acquisitions have sparked a renewed interest in Cruz. Cobalt prices have increased by approximately 15% from July to August and Cruz will be very active on multiple projects in 2020.

We are excited to have recently acquired a highly-prospective ‘Idaho Cobalt Belt Project’, which surrounds Jervois Mining Ltd. (JRV-V) who has a current market cap of over $180 million. Cruz’s market cap is currently ~$5 million.

We are excited to have acquired new three diamond projects in BC that have seen historic diamond exploration. Diamond exploration has seen a recent resurgence and not only do we have these new BC diamond assets previously owned by Dia Met, but our properties in the Cobalt region of Ontario, have also recently experienced a boom in diamond exploration. This is due to a renewed chase in search of the source of the fabled Nipissing Yellow Diamond, rumoured at an estimated size of 800 carats, making it one of the largest diamonds at the time of its discovery in between 1903-1905. There has been a large amount of work done right around Cruz's properties this year where a recent diamond discovery has been made in the vicinity of our property. To date, we have only evaluated our significant portfolio of Ontario projects for cobalt, however, going forward we intend to evaluate these projects for diamond and silver potential.


Cruz still has approximately $1.7 million in the treasury, enabling Cruz to be nimble at a time when the junior market sentiment has turned positive. Cruz has been silently waiting for the right time to recommence corporate activities and management feels the time is now. The remainder of 2020 will be very active for Cruz.

If you would like to be added to Cruz's news distribution list, please send your email address to
info@cruzcobaltcorp.com

ON BEHALF OF THE BOARD OF DIRECTORS OF

Cruz Cobalt Corp.

“James Nelson”
James Nelson

President, Chief Executive Officer, Secretary and Director



For more information regarding this news release, please contact:

James Nelson, CEO and Director

T: 604-899-9150
Toll free: 1-855-599-9150
E: info@cruzcobaltcorp.com
W: www.cruzcobaltcorp.com