Go Cobalt Appraisal of Hsp Nickel Claim
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
CSE: GOCO
GO COBALT APPRAISAL OF HSP NICKEL CLAIM
Vancouver, BC, Date – Go Cobalt Mining Corp. (“Go Cobalt” and/or the “Company”) is pleased to update
regarding an appraisal on the 100% owned HSP Project (“Property”) in Quebec, Canada. Go Cobalt reports the
following:
Highlights:
• HSP is a polymetallic property with nickel, copper, cobalt, gold, platinum and palladium
mineralization
• The Property contains mineral occurrences that indicate remobilized mineralization
• Go Cobalt has appraised all historical data and generated several geophysical targets
Context:
The HSP Project is a nickel, copper, PGE Property in Quebec, acquired by Go Cobalt in February 2019. The
Property is 4,240 Ha in size and located approximately 135 km north of Havre-Saint-Pierre. HSP contains several
mineral occurrences with elevated nickel, copper, cobalt, gold and PGE. A Quebec hydro road comes within 10
km of the Property.
Geology of the HSP Project:
The HSP Property is centered on the Mesoproterozoic Havre-Saint-Pierre anorthosite complex. Mafic rocks
within the Havre-Saint-Pierre anorthosite complex are potential hosts to mineralization, as well as other rock
types that border the anorthosite complex. The Property contains two mineral occurrences that have historically
yielded grades up to 0.72% Ni, >2% Cu, 0.14% Co, 361 ppb Au, 147 ppb Pt, and 220 ppt Pa.
Geophysics
Showings on the HSP Property were initially discovered using an airborne EM survey. The airborne EM survey
identified several conductors that were associated with massive sulphide mineralization. A geochemical follow
up program showed that the showings represent remobilized mineralization from a larger source. There are
several untested conductors on the claim.
A government regional magnetic survey later showed that shallow and subtle magnetic features within the
mapped extent of the Havre-Saint-Pierre anorthosite complex. These features are potential mafic and ultramafic
lithologies that may host mineralization and represent important targets for future exploration.
A preliminary geophysical appraisal indicates that NE-SW oriented structures intersect a broad NNW-SSE
oriented structural corridor over the Property. These structures will be examined to determine if they helped
create mineralization on the property.
Next Steps
Planned geophysical work includes magnetic and EM surveys. The company expects approximately $170,000 in
total expenditures on the claim in 2019.
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
CSE: GOCO
Historical data
All the data presented is historical in nature and has not been verified by the company.
Qualified Person
Adrian Smith, P.Geo., is the qualified person for the Company as defined in the National Instrument 43-
101 and has reviewed the technical information presented within this news release.
About Go Cobalt:
Go Cobalt develops exciting and relevant mining exploration projects. Our approach is to rely on local
talent and respect local territories while maintaining upside exposure to new discoveries. Go Cobalt
intends to pursue energy metal projects to help meet the demand for a battery powered future.
For further information, please contact:
Scott Sheldon, President Go Cobalt Mining Corp.
Telephone: 604.725.1857
Email: [email protected]
Forward-Looking Information:
This press release may include “forward-looking information” (as that term is defined by Canadian securitie s 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.