Global Cobalt Corp. (TSXV:GCO) reported further drill results from the Karakul Project in Russia. Highlights include: Hole 208 intersected 0.481% Co (1.643% CoEq.) over 1.30m, drilling validates presence of expected mineralisation.

As quoted in the press release:

Drill Hole Highlights:

  • Drilling validates presence of expected mineralisation with good correlation at depth and along strike
  • Additional drill holes targeted untested ground intersected mineralisation
  • Mineralisation remains open at depth
  • Hole 208 intersected 0.481% Co (1.643% CoEq.) over 1.30m
  • Hole 209 intersected 0.240% Co (0.581% CoEq.) over 2.10m
  • Hole 203 intersected 0.311% Co (0.516% CoEq.) over 1.50m

Global Cobalt Vice President Exploration, Paul Sarjeant, P.Geo., said:

The results presented below continue to demonstrate the polymetallic nature of the deposit’s mineralization.” He continues, “Cobalt remains the principal metal of our analysis, however, we cannot ignore the importance of the secondary or by-product metals in our development model.

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