CBLT Confirms High-Grade Copper-Cobalt Mineralization at Bloom Lake and Updates Equity Holdings in Winmar
Burlington, Ontario--(Newsfile Corp. - August 21, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") provides an update on its relationship with Winmar Resources Ltd. ("Winmar") and reports on exploration work at the Bloom Lake Property in Gowganda, Ontario ("Bloom Lake"). Assay results confirmed high-grade copper-cobalt mineralization with anomalous gold and nickel.Earlier in 2018, CBLT sold the Bloom Lake Property to Winmar for cash and 16,666,667 shares from Winmar's treasury. At current pricing,...
2018-08-21 8:00 AM EDT
CBLT'S Successful Program at Chilton Cobalt in Quebec
Burlington, Ontario--(Newsfile Corp. - July 17, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") provides an update on its exploration work at its 100%-owned Chilton Cobalt property ("Chilton"). Management considers this stage to have been a success, setting up for an intended trenching/excavation and diamond drill program in the autumn.In 2017, CBLT carried out a VLF survey and surface sampling at Chilton (CBLT press release of October 17, 2017), which is located 40 kilometres east of Saint-Jovite in...
2018-07-17 8:15 AM EDT
CBLT Trades Two Non-Core Cobalt Assets for Cash and Equity Interest in Australian Private Resource Company
Burlington, Ontario--(Newsfile Corp. - June 11, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has closed the sale of two of its non-core Ontario cobalt assets to International Cobalt Resources Limited ("ICR"), an Australian private company. Management of ICR has advised CBLT that it intends to immediately take the necessary steps to list its shares on the Australian Stock Exchange, and that it intends to consider further assets in the battery metals sector.Total consideration received...
2018-06-11 8:30 AM EDT
CBLT Continues to Project Generate with Non-Core Canadian Cobalt Assets
Burlington, Ontario--(Newsfile Corp. - June 5, 2018) - CBLT Inc. ("CBLT") (TSXV: CBLT) announces it has closed the previously announced sale of two of its non-core cobalt assets to Krakatoa Resources Limited (trades as KTA on the Australian Stock Exchange) ("Krakatoa").Total consideration received by CBLT for the Corkill-Lawson and Farr Claims includes:a cash payment of AUD$50,000;2,500,000 fully paid free-trading ordinary shares of Krakatoa issued at $0.035 per share, valued at AUD$87,500;...
2018-06-05 10:25 AM EDT
Changes to CBLT Board
Burlington, Ontario--(Newsfile Corp. - May 28, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces Jessica Daniel, P.Geo. has joined its board of directors effective immediately.Ms. Daniel has been involved in the mineral exploration industry for over 15 years and currently holds the position of Exploration Manager for RockTech Lithium Inc. She has prior experience managing exploration programs and evaluating projects, with exposure to various deposit types including rare element pegmatites,...
2018-05-28 8:18 AM EDT
CBLT Brings Third Australian Partner to Ontario
Burlington, Ontario--(Newsfile Corp. - April 16, 2018) - CBLT Inc. ("CBLT") (TSXV: CBLT) announces that it has entered into a binding agreement (the "Agreement") with International Cobalt Resources Limited ("ICR") to sell two cobalt / gold claims (the "Claims") in Sudbury, Ontario. The Claims total 29 units covering roughly 1300 acres.ICR is a new Australian mining company in the process of listing its common shares on the Australian Stock Exchange. ICR has advised it intends the Claims to...
2018-04-16 8:30 AM EDT
CBLT Brings Second Australian Partner to Gowganda
Burlington, Ontario--(Newsfile Corp. - April 5, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces that it has entered into a binding agreement (the "Agreement") with Krakatoa Resources Limited ("Krakatoa") to sell two claims (the "Claims") in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario.Krakatoa is an Australian mining company listed on the Australian Stock Exchange under the symbol "KTA", led by what CBLT believes to be a quality management team. Krakatoa's press...
2018-04-05 8:00 AM EDT
CBLT Provides Update Including $3.1 Million Financing by Australian Partner
Burlington, Ontario--(Newsfile Corp. - March 26, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") is pleased to provide a financing update. CBLT announced on December 6, 2017 it had sold Bloom Lake, one of its Gowganda portfolio assets, to Winmar Resources Limited, a public company that trades as WFE on the Australian Stock Exchange. Part of the consideration paid to CBLT was 16,666,667 shares of Winmar. These shares become free-trading on June 6, 2018. CBLT also announced having optioned two other...
2018-03-26 8:00 AM EDT
CBLT Samples Elevated Gold and Cobalt in Sudbury
Burlington, Ontario--(Newsfile Corp. - March 5, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") is pleased to report additional cobalt and copper assays from activities completed by the Ontario Geological Survey ("OGS") on CBLT's 100% owned Copper Prince Property. On January 9th, 2018, CBLT reported assays results collected by the OGS's Sudbury District Geologist at Copper Prince. Highlights included 3.43, 3.57, 6.58, and 27.84 g/t Au, and 1.15% Cu. Three of the eight samples returned values that...
2018-03-05 8:00 AM EST
Further Strong Cobalt and Gold Values at CBLT's Flagship Sudbury Project
CoBurlington, Ontario--(Newsfile Corp. - January 22, 2018) - CBLT Inc. ("CBLT") (TSXV: CBLT) is pleased to report on additional sampling completed on the Copper Prince Property in Sudbury, Ontario. These results are in addition to the results reported January 15th, 2018. Grab sample highlights...
2018-01-22 8:40 AM EST
CBLT Closes on MacTrack Gold / Cobalt Property in Sudbury, Ontario
Burlington, Ontario--(Newsfile Corp. - January 19, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has closed its previously announced agreement with arm's length vendors (the "Vendor") to purchase two unpatented claims (the "MacTrack Claims") near Sudbury, Ontario.The MacTrack Claims are northeast of CBLT's existing flagship gold and cobalt property, and in management's opinion are highly prospective for cobalt and gold. They total 29 units covering roughly 1300 acres, and appear to...
2018-01-19 11:50 AM EST
A New Discovery and Cobalt, Gold and Copper in CBLT Assay Results; Updated
Burlington, Ontario--(Newsfile Corp. - January 9, 2018) - CBLT Inc.(TSXV:CBLT) ("CBLT") is pleased to report on exploration activities completed by the Ontario Geological Survey ("OGS") on CBLT's 100%-owned Copper Prince and Otto Lake Properties.Earlier today CBLT announced the assay results of eight samples collected by Sudbury District Geologist at Copper Prince as provided in Table 1 below.Highlights include 3.43, 3.57, 6.58, and 27.84 g/t Au, and 1.15% Cu. This morning's press release...
2018-01-09 10:47 AM EST
A New Discovery and Cobalt, Gold & Copper in CBLT Assay Results
Burlington, Ontario--(Newsfile Corp. - January 9, 2018) - CBLT Inc. (TSXV: CBLT) ("CBLT") is pleased to report on exploration activities completed by the Ontario Geological Survey ("OGS") on CBLT's 100%-owned Copper Prince and Otto Lake Properties.In 2016 and 2017 CBLT carried out extensive work at Copper Prince near Ed's Watering Hole, including surface sampling, mapping, excavation, an IP survey and a diamond drill program. During the 2017 field season, the Sudbury District Geologist...
2018-01-09 8:15 AM EST
CBLT Purchases Another Gold and Cobalt Asset in Sudbury
Burlington, Ontario--(Newsfile Corp. - December 18, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT") is increasing shareholder value by leveraging its existing assets and acquiring new ones at shareholder-friendly pricing.Cobalt is a key ingredient in the cathode of rapid charge / discharge lithium-ion batteries, without which electrification of the motor vehicle industry cannot take place. Cobalt is in a global deficit position and in CBLT's view requires a Canadian ethical supply chain to alleviate...
2017-12-18 8:15 AM EST
CBLT Brings Australian Partner to Gowganda
Burlington, Ontario--(Newsfile Corp. - December 6, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces that it has entered into a binding agreement (the "Agreement") with Winmar Resources Ltd. (Winmar) to advance three claims (the "Claims") now owned by CBLT in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario.Winmar is an Australian mining company listed on the Australian Stock Exchange under the symbol "WFE", led by what CBLT believes to be a quality management team.The...
2017-12-06 8:00 AM EST
CBLT Provides Update on Field Work
Burlington, Ontario--(Newsfile Corp. - November 8, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT") provides an update on operations in Ontario and Quebec.CBLT continues to focus its resources on its cobalt assets in Ontario and Quebec. Cobalt globally is in high demand to be used in lithium-ion batteries, with limited new supply due to come on-stream. Management believes the opportunity to benefit from this imbalance will continue for several years, and as a result is positioning CLBT to be a global...
2017-11-08 8:00 AM EST
CBLT Investment Becomes Liquid
Burlington, Ontario--(Newsfile Corp. - October 23, 2017) - CBLT Inc. ("CBLT") (TSXV: CBLT) announces a significant potential gain on a legacy investment and reminds shareholders of their own personal potential gains in that same investment.By way of background, CBLT today owns 658,334 common shares in Tempus Capital Inc. ("Tempus"), a reporting issuer that owns income producing real estate in Southwestern Ontario. Tempus' financial statements, shareholder materials and other disclosure...
2017-10-23 1:15 PM EDT
CBLT Reports on Successful Program at Chilton Cobalt
Burlington, Ontario--(Newsfile Corp. - September 18, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT) is pleased to report on the success of its spring work program (the "Program") at its 100%-owned Chilton Cobalt property, located 40 kilometers east of Saint-Jovite, Quebec. Multiple follow-up cobalt targets have been identified.The Program included the collection of 51 rock grab samples as well as completion of a 649-sample soil geochemistry grid and a 27 line-kilometer VLF-EM survey. The collective...
2017-09-18 8:00 AM EDT
CBLT Deepens Advisory Board with Brian Hester
Burlington, Ontario--(Newsfile Corp. - September 12, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT") is thrilled to advise it has deepened its Advisory Board with the addition of Mr. Brian Hester.Mr. Hester earned his B.Sc. in 1950 in Mining Geology at the Royal School of Mines, University of London, U.K., followed by his M. Sc. in 1954 in Economic Geology from the University of Toronto, Canada.Mr. Hester has worked on mining properties around the world for over 65 years. His resume is so...
2017-09-12 3:00 PM EDT
CBLT Receives Financial and Field Support from Ontario
Burlington, Ontario--(Newsfile Corp. - August 24, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT) is pleased to report on the ongoing contributions it is receiving from the Ontario government in its exploration activities.First, CBLT has received funding on its previously approved grant under the Junior Explorer Assistance Program ("JEAP").JEAP is managed by the Ontario Prospector Association and funded by the Northern Ontario Heritage Fund Corporation ("NOHFC") (http://nohfc.ca/en). Through this and...
2017-08-24 8:00 AM EDT