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Go Cobalt Mobilizes to the Monster

04.07.2019  |  Newsfile

Vancouver, July 4, 2019 - Go Cobalt Mining Corp. (CSE: GOCO) ("Go Cobalt" and/or the "Company") is pleased to announce successful mobilization onto the 100% controlled Dawson Area Monster Property located within west-central Yukon Territory, Canada, in the traditional territory of Tr'ondëk Hwëch'in First Nation ("THFN").

Crews mobilized to camp via fixed wing aircraft on the 30th of June using the airstrip 10km north of the property. Exploration work began on time with stable weather.

Current Program Objectives:

  • Complete ground gravity survey to close-off large prospective gravity anomalies
  • Complete IP/resistivity survey to expand on existing anomalies and test new target areas
  • Conduct geology alteration mapping and sampling to follow up RSG Survey completed in 2018

The gravity survey and IP/resistivity surveys are planned to expand on and gather detailed information from the most prospective areas. Alteration mapping will allow for vectoring towards mineralization both on surface and in future drill core. The data gathered from this program will be used with the extensive historic database to define drilling targets.

Scott Sheldon, President of Go Cobalt states:

"The expanded gravity survey on the Monster represents a big step towards defining a large body of IOCG mineralization underground. We will soon have detailed gravity data over the three main target areas, the Beast, the Arena, and the Bloom. Each of these anomalies has been identified based on surface mineralization, airborne magnetic and radiometric anomalies, and will be further advanced by the addition of IP/resistivity and gravity surveys. The 2019 summer program represents our first targeted look at the underground feeder system responsible for all the extensive surface showings."

About Go Cobalt Mining Corp.

Go Cobalt is a Vancouver based mining exploration company. We develop exciting and relevant energy metal projects to help meet demand for a battery powered future.

For further information, please contact:

Scott Sheldon, President
604.725.1857
scott@gocobalt.ca

Forward-Looking Information:

This press release may include "forward-looking information" (as that term is defined by Canadian securities legislation), concerning the Company's business. Forward-looking information is based on certain key expectations and assumptions made by the Company's management, including future plans for the exploration and development of its mineral properties. Although the Company believes that such expectations and assumptions are reasonable, investors should not rely unduly on such forward-looking information as the Company can give no assurance they will prove to be correct. Forward-looking statements in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to publicly update any forward-looking information (whether as a result of new information, future events or results, or otherwise) other than as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/46076


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