CBLT Inc.

CBLT Inc. announces it has closed the previously announced sale of two of its non-core cobalt assets to Krakatoa Resources Limited. 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 [...]

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 [...]

CBLT Inc. announces that it has entered into a binding agreement with International CobAlt Resources Ltd. to sell two cobalt / gold 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 form part of its initial asset base, together with cash and the Station Creek Copper project in Western Australia. The Purchase Price for the Claims is $250,000, as described below : ICR will post a $20,000 deposit, refundable for 21 days to allow for ICR to complete its due diligence review of the Claims: On closing, ICR will pay cash consideration to CBLT of $125,000, including the application ... [...]

CBLT announces that it has entered into a binding agreement with Krakatoa Resources Limited to sell two 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 [...]

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. 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 assets to [...]

CBLT is pleased to report additional cobalt and copper assays from activities completed by the Ontario Geological Survey 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 [...]

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 include sample 616311 that returned 54.3 g/t Au, 0.50 % Co; sample 616313 that returned 12.8 g/t Au, 0.47% Co; and, sample 616318 that returned [...]

CBLT announces it has closed its previously announced agreement with arm's length vendors to purchase two unpatented 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 [...]

CBLT Inc. is pleased to report on exploration activities completed by the Ontario Geological Survey 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 [...]

CBLT is pleased to report on exploration activities completed by the Ontario Geological Survey 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 [...]