Cruz Capital Corp Acquires an Interest in a Cobalt Prospect in Idaho
September 1, 2016 (Source) — Cruz Capital Corp (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2AG5M) is pleased to announce that it has partnered with three other persons to identify and acquire prospective cobalt assets and properties through a private British Columbia corporation. Cruz holds a 20% equity interest in the BC company. The BC company indirectly acquired 58 mineral claims located in the State of Idaho through its Idaho subsidiary.
Cruz recently acquired 6 separate cobalt prospects in Canada. 4 are located in Ontario and 2 are in British Columbia. Cruz will now hold 7 separate cobalt prospects in Canada and 1 in the USA.
Jim Nelson, President of Cruz Capital states, “Cruz is actively engaged in acquiring and developing Cobalt assets in North America. Our goal is to make Cruz the foremost cobalt project generator and developer on the TSX Venture. We feel that cobalt is at the early stages of a significant bull market and are pleased to be positioning Cruz at the forefront of this cycle. Cruz has just completed a recent financing which will enable the company to start operations in multiple locations in the immediate future.”
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