Primary Cobalt reports promising test results at Golden Wonder prospect in British Columbia

() said its 2018 field program on its RD Cobalt Property showed the results from its Golden Wonder area in Canada revealed an expanded zone of possible gold, copper and cobalt deposits. 

The company said in a statement crews from Dahrouge Geological Consulting Ltd completed a 16-day exploration program in late June, which included detailed mapping and sampling of the Golden Wonder area. A total of 85 rock samples and 287 soil samples were collected and sent to Actlabs for analysis.

BIG PICTURE: Primary Cobalt Corp is building a significant exploration portfolio in Spain and British Columbia

"The high grades of Au (gold), Cu (copper) and Co (cobalt) and style of mineralization observed at Golden Wonder are suggestive of a Besshi Type massive sulfide occurrence similar to the Windy Craggy Deposit in northwestern, British Columbia," a company statement said in referring to a massive sulfide deposit which contains large amounts of the metal copper among others.

The property is located in northwest British Columbia near the community of Hazelton and is near major highways, rail and power.

Primary Cobalt is a Vancouver-based junior exploration company engaged in the business of acquiring, exploring and developing ethically sourced cobalt, copper, nickel, vanadium and uranium mineral resource properties.

Shares of Primary Cobalt were trading on Monday unchanged at C$0.65.