Pacific Rim Cobalt Receives Positive Mineral Process Recovery Test Results Averaging 99.6% Nickel and 98.4% Cobalt
Pacific Rim Cobalt Receives Positive Mineral Process Recovery Test Results
Averaging 99.6% Nickel and 98.4% Cobalt
Vancouver, B.C. – September 17, 2019 – Pacific Rim Cobalt Corp. (the “Company” or “Pacific Rim Cobalt”)
(CSE: BOLT) (OTCQB: PCRCF) (FRANKFURT: NXFE) is pleased to announce positive results from mineral
process recovery testing on material from its Cyclops nickel‐co balt project as reported by its independent
extractive technology and mineral process development partner (the “Partner”).
The first phase of the detailed bench scale Program has been co mpleted in order to evaluate separation
technology on samples of materia ls from various geological prof iles from the company’s Cyclops nickel‐
cobalt project.
Samples were leached using the Partner’s proprietary mixed chlor i d e t e c h n o l o g y , i . e . , t h e m i x t u r e o f
hydrochloric acid (HCl) and magnesium chloride (MgCl 2). Results of the leach tests showed that the mixed
chloride leach technology was effective in the recovery of valu e elements, namely nickel, and cobalt from
the three laterite samples tested.
Leach extraction results were as follows:
- Sample 1: Recoveries of nickel and cobalt were 99.2% and 99.3% respectively
- Sample 2: Recoveries of nickel and cobalt were 99.8% and 97% respectively
- Sample 3: Recoveries of nickel and cobalt were 99.8% and >99% respectively
The second phase of this program is now in progress with the preparation of bulk solutions for subsequent
solvent extraction tests for the recovery of nickel, cobalt and iron under the conditions established from
the phase 1 leach program.
The ultimate aim of the detailed bench scale work is the:
Separation of nickel, cobalt and iron by solvent extraction alo ng with a nickel and cobalt product
recovery to produce battery grade metal salts at bench scale
Provision of data for the commissioning and operation of a pilot plant
T h e l a t e s t r e s u l t s a r e p a r t o f a n i n t e g r a t e d p r o g r a m b e i n g i m p lemented by the Company to develop a
critical path for processing nickel and cobalt laterites. The D evelopment Program consists of the following
components:
Evaluation of process technology
Process feasibility studies
Design, construction and operation of pilot plant
Design, construction and operation of demonstration scale plant
Program components include the following:
a) Scoping test program; location Canada ‐ complete
• Confirmed with positive results the amenability of mixed chloride leach technology on 2 samples
of Indonesian laterite
b) Bulk sampling ‐ complete
• Excavation and sampling of test pi ts from the Company’s Cyclops project resulted in a bulk
sample of 285 kg for detail bench scale work and was air‐freighted to Canada
c) Detailed bench‐scale test work ‐ phase 1 complete
• Location Canada
• Define optimal leach conditions
• Establish separation of nickel, cobalt and iron via solvent extraction process
• Obtain pregnant solutions for the recovery of nickel, cobalt and iron
• Develop process design criteria for pilot plant
d) Pilot Plant
• Location Canada
• Produce high purity strip solutions suitable for production of nickel and cobalt MHP and nickel
and cobalt sulphates
• Establish design criteria for a demonstration plant
• Produce nickel and cobalt products meeting market specifications
• Ensure tailings and effluents meet environmental guidelines
e) Demonstration plant
• Location Indonesia
• Evaluation of technical and economic aspects of a commercial scale plant
• Demonstrate ability to produce a product within market specifications
• Provide product for market evaluation
• Establish security of long‐term product supply through optimum plant availability
• Establish design criteria for a commercial scale plant
National Instrument 43‐101 Disclosure
The technical content of this news release has been reviewed and approved by Mr. Garry Clark, PGeo,
independent director of Pacific Rim Cobalt and a Qualified Pers on as defined by National Instrument 43‐
101.
About Pacific Rim Cobalt
Pacific Rim Cobalt is a Canadian‐based exploration company focu sed on the acquisition and development
of production grade nickel and cobalt deposits, key raw material inputs for the growing lithium‐ion battery
industry. Visit https://pacificrimcobalt.com/ to find out more.
Pacific Rim Cobalt Corp.
Ranjeet Sundher – President and CEO
(604) 922‐8272
Steve Vanry – CFO & Director
(604) 922‐8272
Sean Bromley – Director & Investor Contact
(778) 985‐8934
Reader Advisory
This news release may contain statements which constitute “forward‐looking information” that are subject
to risks and uncertainties. All statements herein, other than s tatements of historical fact, are to be
considered forward‐looking, including statements regarding the plans, intentions, beliefs and current
expectations of the Company, its directors, or its officers with respect to the future business activities of the
Company and with respect to the results of exploration and prospective plans in regards to the Cyclops
project. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”,
“expect” and similar expressions, as they relate to the Company, or its management, are intended to identify
such forward‐looking statements. Although the Company believes the expectations expressed in such
forward‐looking information are based on reasonable assumptions, such information is not a guarantee of
future performance and actual results or developments may differ materially from those contained in
forward‐looking information. Information provided in this document is necessarily summarized and may not
contain all available material information. Although Pacific Rim Cobalt has attempted to identify important
factors that could cause actual results, performance or achieve ments to differ materially from those
contained in the forward‐looking statements, there can be other factors that cause results, performance or
achievements not to be as antici pated, estimated or intended. F actors that could cause actual results to
differ materially from those in f orward‐looking information inc lude, but are not limited to, fluctuations in
market prices, success of the operations of the Company, continued availability of capital and financing and
general economic, market or business conditions. There can be no assurances that such information will
prove accurate and, therefore, readers should not place undue reliance on forward‐looking statements. The
forward‐looking statements in this news release are made as of t h e d a t e o f t h i s n e w s r e l e a s e , a n d t h e
Company does not assume any obligation to update any forward‐lo oking information except as required
under the applicable securities laws.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this
release.