US Cobalt Inc. announces that the channel sampling program from within the underground adit at the Iron Creek cobalt project in Lemhi County, Idaho, USA, is near completion.
The samples will be shipped to a nearby lab for assay and testing on a rush basis. There are currently two drills operating on site and two additional drills have been requested, subject to availability, to be delivered in order to accelerate the summer drill campaign. Wayne Tisdale, CEO of the Company commented, "With the price of cobalt cresting 6 year highs, we feel that it’s of paramount importance to move our exploration along as quickly as possible in an effort to redefine our historical estimates and add value to our shareholders. We will inform our shareholders as work progresses."
Mr. Garry Clark, P. Geo., of Clark Exploration Consulting, is the "qualified person" as defined in NI 43-101, who has reviewed and approved the technical content in this press release.