RonS replied the topic: Primary Cobalt - CSE:PRIM, www.primarycobalt.com
I don't think this news is why the stock moved, really it should have never been under 10 cents anyway
Primary Energy Metals appoints El Amri as director
Primary Energy Metals Inc (C:PRIM)
Shares Issued 49,621,570
Last Close 10/25/2018 $0.085
Friday October 26 2018 - News Release
Mr. Patrick Morris reports
PRIMARY ENERGY METALS APPOINTS MS. CHAIMAE EL AMRI AS A DIRECTOR
Primary Energy Metals Inc. has appointed Chaimae El Amri as a director of Primary Energy Metals and general manager of EXCO Mining joint ventures operations in Spain.
Ms. El Amri will be an independent director for Primary, she is the co-founder and Managing Director of Societe Green Energy Resources a Moroccan based junior exploration company, with a goal of becoming a force in the Green Energy Revolution through the development of manganese, copper deposits and becoming a low-cost supplier for the battery industry. The company's primary business has been the exploration of mineral properties in Morocco. Ms. El Amri holds a Master's Degree in the Field of Audit and Management Control from the Ecole Nationale de Commerce et de Gestion, a Diploma in Financial Management and Accounting, from the Faculty of Science, Law, Economics and Social. Ms. El Amri is also a member of the Women in Mining, Canada and the International Women in Mining.
International Women in Mining (IWiM - internationalwim.org) is the fastest growing network for women in the mining industry, with 10,000 members in over 100 countries, supporting 50+ WiM groups around the world.
IWiM's mission: To be the leading global platform for all women in mining via initiatives that improve worldwide diversity and foster women's professional development in the mining industry.
Our focus is to create and realise opportunities for our members and all women in the mining sector, and thus changing the mining industry for the better.
Increase the number of women serving on boards via our Women on Boards webinar programme and a database of board-ready women;
Increase the number of women presenting at mining conferences via IWiMSpeakUp project;
Progress women's careers via a global mentoring programme;
Improve the representation of women in the industry via our photo campaign;
Research and reports around the contribution of women in mining and gender in extractives.
Patrick Morris CEO said. "We are very pleased to welcome Ms. El Amri as our first woman to our board and look forward to her enthusiasm and knowledge of green energy regional mineral opportunities. Her multi language skills will assist Primary to access and liason with government officials in the region to accelerate our goal of being a premier supplier of near term production of green energy metals."
Gambler replied the topic: Primary Cobalt - CSE:PRIM, www.primarycobalt.com
It was welcome news. I think we are seeing the start of money rotating out of Pot and back into junior miners. At least smarter money. It is the perfect example of sell high (Pot) with tongue in cheek and buy low (junior miners)
alexgreat replied the topic: Primary Cobalt - CSE:PRIM, www.primarycobalt.com
Count me in, here is this weeks press release
2018-06-13 10:36 ET - News Release
Mr. Patrick Morris reports
PRIMARY COBALT CORP. INITIATES FIELD PROGRAM ON ITS RD COBALT PROPERTY AND BEGINS PERMITTING FOR AUTUMN DRILL PROGRAM
Primary Cobalt Corp. will mobilize field crews to its RD cobalt property within the next several days. The property is located within northwest British Columbia (near the community of Hazelton) and has excellent infrastructure, including proximity to major highways, rail and power.
Field crews from Dahrouge Geological Consulting Ltd. will mobilize to site for an approximate 14-day exploration program that will focus on detailed mapping and sampling of the Golden Wonder showing on the RD property, which returned promising results from the 2017 exploration program. The objectives of the field program will be to further assess the mineralization previously identified in the area and collect sufficient information for a drill program scheduled for the third quarter of 2018. Permitting for the drill program is under way.
An initial ground program was completed in 2017, with much of the work focusing on the Golden Wonder showing. Ninety-five rock samples and 19 stream pan concentrate samples were collected from the property to confirm historic assays and guide in development of potential exploration targets. Sample highlights from the Golden Wonder area included anomalous gold, copper and cobalt across more than 400 metres of strike length and are as follows:
122365 -- 15.20 g/t (grams per tonne) gold, 77.20 g/t silver, 0.09 per cent cobalt, 4.95 per cent copper, massive sulphide;
122368 -- 17.80 g/t Au, mudstone, rusty;
122427 -- 8.75 g/t Au, 0.53 per cent Co, 0.53 per cent Cu (siltstone float);
122428 -- 1.69 g/t Au, 0.05 per cent Co, 0.55 per cent Cu (siltstone).
The high grades of Au, Cu and Co, and style of mineralization observed at Golden Wonder are suggestive of a Besshi-type massive sulphide occurrence similar to the Windy Craggy deposit in northwestern British Columbia. Management cautions that past results or comparison with similar properties (such as Windy Craggy) may not necessarily be indicative to the presence of mineralization on the company's properties (such as the RD cobalt property).
RD cobalt property
The RD cobalt property comprises five contiguous mineral claims that cover an area of approximately 7,327 hectares. The property is approximately one kilometre south of the Yellowhead Highway, a major interprovincial highway in Western Canada. The west end of the property (the Golden Wonder area) can be reached by a gravel road that links to Highway 16 (southwest of Sealey Lake Provincial Park). ATV (all-terrain vehicle) trails run west from this road north (for about 1,400 metres) and south (for about 1,100 metres) of Denys Lake. The northern section of the property is mostly accessible from Highway 16 by ATV along trails or by foot.
The property encompasses several historic copper, gold and cobalt mineral showings, including Golden Wonder, Daley West, Hecla, Black Prince, Blue Lake and Silvertip Glacier. The Golden Wonder showing has received the most attention historically, with exploration work recorded as early as 1912.
The exploration target is a Besshi-type massive sulphide occurrence similar to the Windy Craggy deposit in northwest British Columbia, which remains one of the largest undeveloped deposits for copper, gold and cobalt worldwide.
The technical information contained in this news release has been reviewed and approved by Patrick Kluczny, BSc, PGeol, who is a qualified person as defined under National Instrument 43-101.