Go Cobalt Completes Structural Interpretation
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
CSE: GOCO
GO COBALT COMPLETES STRUCTURAL INTERPRETATION
Vancouver, BC, March 19th 2019 – Go Cobalt Mining Corp. (CSE: GOCO) (“Go Cobalt” and/or
the “Company”) is pleased to update regarding a structural interpretation on the 100% owned
Copper Cobalt Monster Project (“Property”) in the Yukon, Canada. Go Cobalt reports the
following:
Highlights:
Four fault sets have been mapped across the property using new satellite imagery
Northeast and northwest trending fault sets (ENE) help explain the depth of exposure in
Wernecke Breccia
An east-northeast set partly controls the iron oxide alteration
The combined fault dataset provides Go Cobalt with a structural model that explains the
depth of magnetic anomalies
The new data will help integrate different datasets such as the magnetic inversion and
the pending gravity reprocessing
The structural framework gives Go Cobalt a more accurate picture for 3D target
definition on the Monster Property
Figure 1. Monster Property with faults that control the depth of exposure (NW and SE) and a fault set
(ENE) that partly controls IOCG alteration of the Wernecke Breccia, associated magnetic targets and
mineralization shown on a total magnetic intensity map.
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
CSE: GOCO
Intersecting fault systems
The new structural framework identified no less than four major fault systems that intersect in
several places on the Monster Property. One of the intersections is in the Arena, an area that
hosts several surface showings. This area was a major focus of the 2018 field season. The 2018
program yielded samples of up to 3.81% Cu, 2.96% Co, 53.5 g/t Ag, and 0.5 g/t Au from 31 grab
samples.
Context:
The Monster Property is a large 62.5 Km2 copper cobalt property in Yukon, Canada.
Mineralization on the claim is akin to IOCG deposits like the Olympic Dam project in Australia.
The commissioned structural interpretation was based a newly available 2-m resolution DEM
and on the magnetic data set acquired during the 2018 exploration program.
The work has been carried out by Rodrigo Diaz, an IOCG specialist based in Chile. He has been
involved with the Monster Property since 2018, when he spent several months on a spectral
survey and data compilation. His work has previously led to the discovery of several copper
showings on the Monster Property.
Because faults provide mineralizing fluids with pathways and mechanical nozzles their
identification is crucial for an understanding of the mineral system. The structural framework
will allow Go Cobalt to target mineralization with greater certainty.
Ongoing gravity reprocessing
Go Cobalt is reprocessing historical gravity data. Roughly 600 data points are being
reprocessed using a new digital elevation model. The data will subsequently be inverted.
Combined, gravity and magnetic data are powerful tools for IOCG targeting.
Qualified Persons
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.
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
CSE: GOCO
About Go Cobalt
Go Cobalt is a Vancouver based mining exploration company. We develop exciting Canadian
energy metal projects to help meet demand for a battery powered future.
For further information, please contact:
Scott Sheldon, President
604.725.1857
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.