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CLIENT FEATURE: Glacier Lakes ( GLI.V ) Colt Mesa Property – Past Producing Mine Samples 2.31% Cobalt

Posted by AGORACOM-Eric at 11:45 AM on Friday, January 25th, 2019

GLI:TSX

  • Property covers the past producing Colt Mesa Mine, a copper deposit with associated cobalt, zinc, nickel and molybdenum mineralization.
  • Recent sampling (CM-18-01) returned values of 0.88(%) copper (Cu), 2.31% cobalt (Co), 9.31 % zinc (Zn), +1.00 % nickel (Ni), and 0.29 % molybdenum (Mo), over a 0.3 meter chip sample of surface exposure near the adit portal.
  • Area recently became open for staking and exploration after a 21 year period moratorium, due to the reduction of the “Grand Staircase Escalante National Monument” by President Trump in December 2017.
  • 1975 grab sampling reported values from 0.07% to 29.50 % copper (Cu), 0.01% to 0.67 % cobalt (Co), 0.03% to 3.30 % zinc (Zn), 0.02% to 0.27 % nickel (Ni), and trace to 0.17 % molybdenum (Mo). The Company cautions investors grab samples are selected samples and are not necessarily representative of the mineralization on the Colt Mesa property.
  • Sedimentary (sandstone) hosted, tabular strata-bound mineralization.
  • Excellent year-round logistics, road accessible. No reclamation issues from historic mining activity.

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