Phase 2 Nickel‐Cobalt Extraction Process Testing and Evaluation Commences
Phase 2 Nickel‐Cobalt Extraction Process Testing and Evaluation Commences
Vancouver, B.C. – June 27, 2019 – Pacific Rim Cobalt Corp. (the “Company” or “Pacific Rim Cobalt”) (CSE:
BOLT) (OTCQB: PCRCF) (FRANKFURT: NXFE) is pleased to announce i t has shipped mini‐bulk sample
m a t e r i a l s f r o m i t s C y c l o p s n i c k e l ‐ c o b a l t p r o p e r t y t o i t s e x t r a ctive technology and mineral process
development partner. The shipment initiates part 2 of three‐phas e t e s t i n g f o r a s u i t a b l e p r o c e s s i n t h e
recovery of cobalt and nickel from laterite material.
In an already completed first phase of testing, the processing partner carried out a preliminary bench‐scale
scoping program to evaluate a proprietary leach technology on t wo Indonesian cobalt and nickel bearing
laterite samples at its facilities in Ontario, Canada. The samples were representative of typical nickel laterite
mined in Indonesia for processing and sourced from a regional property in which the company has no
interest.
The laterite samples were leached using a specific mixed chlori de process, employing a unique mixture of
hydrochloric acid (HCl) and magnesium chloride (MgCl2) within a bench‐scale environment.
The results of the previously completed phase 1 scoping tests d emonstrated that the processing partner's
mixed chloride leach technology was effective in the recovery o f value elements, namely iron (Fe), nickel
(Ni) and cobalt (Co), from the two laterite samples tested.
Leach extractions were as follows:
Sample 1: 97.3 per cent, 98.6 per cent and 96.5 per cent for Fe, Ni and Co, respectively;
Sample 2: 93.9 per cent, 90.7 per cent and 92.2 per cent for Fe, Ni and Co, respectively.
Phase 2, the current program, is designed to confirm that the optimal leach conditions established in phase
1 are suitable in metal separation of value metals nickel, cobal t a n d m a n g a n e s e f o r s a m p l e s s o u r c e d
specifically from Pacific Rim Co balt's Cyclops project. The sel ected samples will be processed to the stage
where a nickel and cobalt product purity can be established. Ph ase 2 is expected to result in a sample of
battery‐grade cobalt and nickel for marketing purposes and to develop process flow design criteria for
subsequent mini pilot/pilot plant testing to be conducted in Phase 3.
Phase 3 of the program involves commissioning and operation of a mini‐pilot/pilot plant to provide process
design criteria for subsequent capex (capital expenditures)/ope x (operating expenditures) estimation and
also to produce enough nickel and cobalt bearing product for in dependent evaluation by several
prospective battery industry purchasers.
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 “forw ard‐looking information” that are subject to risks
and uncertainties. All statements herein, other than statements 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 wo rds “may”, “would”, “could”, “will”, “intend”, “plan”,
“anticipate”, “believe”, “estimate”, “expect” and similar expre s s i o n s , a s t h e y r e l a t e t o t h e C o m p a n y , o r i t s
management, are intended to identify such forward‐looking state ments. 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 achievements to differ materially from those contained in the forward‐
looking statements, there can be other factors that cause resul ts, performance or achievements not to be as
anticipated, estimated or intended. Factors that could cause actual results to differ materially from those in forward‐
looking information include, but are not limited to, fluctuation s i n m a r k e t p r i c e s , s u c c e s s o f t h e o p e r a t i o n s o f t h e
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 i n this news release are made as of the date of this
news release, and the Company does not assume any obligation to update any forward‐looking 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.