Highlights: Drilling consistently confirming elevated nickel and cobalt values Shallow mineralization from surface 6-metre intercept containing 1.93% nickel equivalent Pacific Rim Cobalt Corp. is pleased to announce results from its ongoing 2019 shallow vertical diamond drilling program at its flagship Cyclops, nickel/cobalt development project, Indonesia. The drilling is part of a multi-faceted exploration program aimed [...]
Pacific Rim Cobalt Corp. is pleased to announce results from its ongoing 2019 drilling program at its flagship Cyclops, nickel/cobalt development project, Indonesia. Drilling continues to confirm shallow intersections from surface with elevated cobalt up to 0.25% in the limonite zone and nickel values of 1.91% in the underlying transition and saprolite zones. A total of 29 holes for a total of 402 metres have now been [...]
Recent project development results prove strong nickel-cobalt mineralization In pursuit of nickel and cobalt; life giving DNA of the electric vehicle Pacific Rim Cobalt Corp. today provides Cyclops, nickel/cobalt project development update, next steps and battery metals market commentary. Recent successes The Company reported drilling as well as mini-bulk sample results indicating strong mineralization occurring from [...]
Recent success occurs outside historical area of focus, indicating potential for growth in size of opportunity Up to 2.65% nickel within 10 meters of surface Contains metals core to EV battery production Resource estimate planned for 2019 Pacific Rim Cobalt Corp. is pleased to announce assay results from the ongoing 2019 drilling campaign at the Cyclops, Nickel/Cobalt Project Indonesia, located proximal to the [...]
Pacific Rim Cobalt Corp. is pleased to announce that the non-brokered private placement previously announced on February 7, 2019 has now closed. Under the Offering, the Company issued 10,541,667 units at a price of $0.12 per Unit for gross proceeds of $1,265,000. Each Unit was comprised of one common share in the capital of the Company and one transferable Common Share purchase warrant . Each Warrant entitles the holder [...]
Pacific Rim Cobalt Corp. announces that it has arranged a non-brokered private placement of up to 10,541,667 units at $0.12 per Unit for gross proceeds of up to $1,265,000. The Company intends to use the net proceeds from the Offering for drilling and exploration, metallurgy and processing testing, and general working capital purposes. The Company may pay certain finders a fee for introducing eligible participants to the [...]
NetworkNewsAudio announces the Audio Press Release titled "Global EV Demand Drives Scramble for Fresh Supplies of Vital Metals," featuring Pacific Rim Cobalt Corp. . To hear the NetworkNewsAudio version, visit: http://nnw.fm/Ny6fh To read the full editorial, visit: http://nnw.fm/2liAM As an initial step in that direction, Pacific Rim recently signed a preliminary offtake agreement with Beijing Easpring Material [...]
Pacific Rim Cobalt Corp. a Company focused on developing nickel / cobalt opportunities in Indonesia is pleased to provide an update detailing the milestones and growth initiatives accomplished throughout 2018 and strategic goals for 2019. Project During 2018 the Company’s primary objectives included exploration of its Cyclops Nickel-Cobalt Project, Jayapura Province, Indonesia . The Project benefits from existing [...]
Pacific Rim Cobalt Corp. , a resource company currently exploring the Cyclops Nickel-Cobalt Project , located proximal to the world’s largest cobalt market, today announced mini-bulk sample results. Mini-bulk sample highlights : Sample A0001032: Limonite zone 1m to 2m; 1m @ 1.23%Ni, 0.16%Co and 1.97% nickel equivalent Sample A0001034: Limonite zone 0m to 1m; 1m @ 1.15%Ni, 0.11%Co and 1.66% NiEQ Sample A0001035 [...]
Pacific Rim Cobalt Corp. , wishes to make the following statements regarding recent market activity concerning its common shares traded on the OTCQB marketplace. The Company became aware of certain promotional activity on its securities on September 21, 2018 when it received correspondence from OTC Markets. The Company has no knowledge of any promotional activity other than its understanding that there appears to have [...]
Pacific Rim Cobalt located proximal to the world’s largest cobalt market, is pleased to announce that it has engaged the services of an extractive technology and mineral process development partner for the selection of a suitable process for 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 [...]
VANCOUVER, British Columbia, July 11, 2018 -- Pacific Rim Cobalt Corp. a resource company currently exploring the Cyclops Nickel-Cobalt Project , located proximal to the world’s largest cobalt market, is pleased to announce that it has entered into a non-binding Preliminary Offtake Agreement with Beijing Easpring Material Technology Co., Ltd. . Easpring and the Company intend to formalize the terms of a definitive [...]