Cobalt Power Group Presentation

Page 1

www.cobaltpowergroup.com

TSX.V: CPO OTC: CBBWF AUGUST 2018


FORWARD-LOOKING STATEMENTS Certain information set forth herein may contain forward‐looking statements that involve substantial known and unknown risks and uncertainties. These forward‐looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Cobalt Power Group Inc. (“Cobalt Power” or the “Company”), including, but not limited to, risks associated with mineral exploration and mining activities, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward‐looking statements. They should not be relied upon and Cobalt Power does not treat them as current mineral resources. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forwardlooking statement. This presentation is not a solicitation by Cobalt Power as an offer to sell its securities. Technical Content: Chris M. Healey, P.Geo, V.P. Exploration and a Director for Cobalt Power, is a Qualified Person as defined by National Instrument 43-101, and has reviewed and approved the technical content of this presentation.

2

TSX.V: CPO | OTC: CBBWF


TEAM , STRUCTURE & MARKET

CHRIS HOPKINS Director & CFO

CHRISTOPHER HEALEY

ISAC BURSTEIN

BRIAN MURRAY

GLENDA KELLY

FRANCIS ROCHE

Director

Director

VP of Communications, Corporate Secretary, Director

Financial Advisor

VP Exploration, Director

Share Structure: As of May 3, 2018 Total Number of Shares Issued & Outstanding

Warrants Outstanding

Market Information: June 5, 2018 145,611,253

Last Trade (CDN $)

12,308,477 Market Cap (CDN $)

Options Outstanding

Fully Diluted

*Individual biographies can be found at www.cobaltpowergroup.com 3

TSX.V: CPO | OTC: CBBWF

0.14

21,925

11,435,000

169,354,730

Co Price (US $ per lb.)

39.92/lb USD


ACCOMPLISHMENTS THIS YEAR Fall 2017 3 Swedish properties

Property holdings total approximately 11,680 hectares (28,861 acres) in Cobalt Ontario in contiguous and strategic claim blocks

Dec 4, 2017 Canadian Cobalt Acquisition Montreal River West Block

Jan 11, 2018 Non brokered private placement $1.5 mm

Jan 29, 2018 Transition to Toronto office, Ontario headquarters

There are several historic mining operations on the properties that are potentially accessible, including the Smith Cobalt shaft and its underground workings

Mar 7, 2018 Initiated listing on US market Private placement 1.1 mm

May 3, 2018 Extends mineralized veins systems to over 400 m

May 15, 2018 Muck pile testing ―sharing results with First Cobalt

June 15, 2018

Property holdings in Saskatchewan Athabasca, Western Cobalt 8,146 hectares (20,130 acres)

Acquires Western Cobalt 20,130 acres (8,146 hectares). The claims are contiguous with UEX Corporation’s (“UEX”) West Bear Coalt-Nickel Project (“West Bear Co-Ni”) Saskatchewan Athabasca Basin

June 7, 2018 Finalized 43-101 Ontario Cobalt block 14 mineral claims (184 units) covering 2,944 ha (7,275 acres)

4

TSX.V: CPO | OTC: CBBWF


STRATEGY GOING FORWARD

2nd Quarter Acquisitions

3rd Quarter

4th Quarter

Airborne survey

Strategic Relationships

Aggressive summer exploration program Announce drilling program after Geomag

5

TSX.V: CPO | OTC: CBBWF

Significant increase in value of holdings


LOCATION OF ASSETS

Approximate Location

The Smith Cobalt and Canadian Cobalt Projects are located in Northern Ontario, Canada, approximately 420 km northwest of Ottawa.

6

TSX.V: CPO | OTC: CBBWF


COBALT CAMP DISTRICT COBALT CAMP, ONTARIO Companies and projects in the Cobalt & Silver Center Camps

Cobalt Power Group displayed in blue

First Cobalt displayed in pink

HIGHLIGHTS Excellon Silver Eagle mine • 8,000 oz Ag from 6 metres of mine workings

Montreal Block • Labine-McMahon showing with grades up to 21.09% Co in concentrate • Friday Creek showing up to 17 g/t Ag in Nipissing Diabase

7

TSX.V: CPO | OTC: CBBWF


COMPANY ASSETS IN THE COBALT CAMP Smith Cobalt Project 1,169.7 ha (2,890 acres)

Ontario Cobalt Project 2,944.0 ha (7,275 acres)

Canadian Cobalt Project 7,567.1 ha (18,700 acres)

TriWest Block

TOTAL Montreal Block

8

TSX.V: CPO | OTC: CBBWF

11,680 ha (28,861 acres)


“SMITH COBALT PROJECT” DETAILS THE SMITH COBALT PROJECT CONSISTS OF

20

10

1,169.7 Ha (2,890 Acres)

Cobalt Camp, Ontario

Patented claims

Staked mineral claims

Covered

Location

High grade cobalt-silver properties, excellent metallurgy, substantial upside

Concession

Ownership

Historical Workings

Access

Infrastructure

Smith Cobalt & Extensions

100%*

Mine shaft/past producer Identified veins

Hwy. 11B

Power, water, roads

Proteus

100%

Identified veins

Hwy. 567

Power, water, roads

Kirk Lake & Extension

100%

Mine shaft Identified veins

Hwy. 567

Power, water, roads

Bende & Kingston

100%

Mine shaft Identified veins

Hwy. 11B

Power, water, roads

Coleman Properties

100%

Mine shaft/past producer Identified veins

Hwy. 11B

Power, water, roads

* 2% NSR with the option to purchase ½ (1%) for $1,000,000 CDN 9

TSX.V: CPO | OTC: CBBWF


CONCESSIONS & VEIN SWARMS

Smith Cobalt Workings Ontario Cobalt Project

Bende Shaft

Index Interpreted structures Known vein occurrences Historical mine shaft Smith Cobalt Project 0

Kilometers 10

TSX.V: CPO | OTC: CBBWF

1

2

3


SMITH COBALT DRILL PROGRAM Phase 1 • 9 – Holes, 1,896 m (6,220 ft.) • High-grade cobalt and silver intersected • Battery-related component metals (Cu, Ni, Zn) intersected • Confirmed and characterized vein swarms mapped from historical mine workings • Confirmed the same stratigraphic and structural setting as the Deer Horn Mine, owned and formerly operated by Agnico Eagle

Assay Highlights • 1.71% Co and 42.5 g/t Ag over 0.10 m in hole 17-03

• 1.85 g/t Ag over 56.0 m in hole 17-03 • 1.39 g/t Ag over 72.5 m in hole 17-04 • 0.22% Cu over 14.0 m in hole 17-04 • 0.13% Zn over 33.0 m in hole 17-04 • 0.11% Ni over 30.66 m in hole 17-06 • 0.17% Pb over 17.49 m in hole 17-04

11

TSX.V: CPO | OTC: CBBWF


STAKED PROPERTIES IN COBALT AREA

12

TSX.V: CPO | OTC: CBBWF


BLUEBERRY LAKE PROPERTY 46 Claims, 800 ha, contiguous with TriEast project.

The Blueberry Lake property was originally staked to cover the source area of a cluster of 3 geochemically anomalous Co (+/- Pb & Zn & Cu) lake bottom sediments derived from a 2004 Ontario Geological Survey sampling program The geochemical signature of the anomalies differs from much of the Cobalt Ontario camp in that the anomalous cobalt is coupled with copper, lead, and zinc, in contrast with the typical Co-Ag-As signature of the historical mining camp. This is suggestive of sediment-hosted copper-cobalt mineralization. Lake sediment samples taken by the Ontario Geological Survey in 2004 returned assay values as high as 68 ppm Co.

13

TSX.V: CPO | OTC: CBBWF


LITTLE TROUT LAKE PROPERTY Little Trout group of claims in the South Lorraine Township of Ontario, Canada. The Little Trout property consists of 46 claim units comprising approximately 776 hectares of highly prospective geology for cobalt and copper mineralization. The claims are contiguous with Cobalt Power’s Canadian Cobalt project. The geochemical signature of the anomalies differs from much of the Cobalt Ontario camp in that the anomalous cobalt is coupled with copper, in contrast with the typical Co-Ag-As signature of the historical mining camp. This is suggestive of sediment-hosted copper-cobalt mineralization.

14

TSX.V: CPO | OTC: CBBWF


THE CANADIAN COBALT PROJECT

Ontario Cobalt Camp

15

TSX.V: CPO | OTC: CBBWF


“CANADIAN COBALT PROJECT” DETAILS The Canadian Cobalt Project consists of 43 unpatented mining claims and 1 mining lease on patented land covering approximately 7,567 ha (18,700 acres) located in the Silver Center of the Cobalt Camp, Ontario.

Close proximity to several historic mines (including the former producing Keeley & Frontier), as well as the recently announced First Cobalt/Cobalt One claims

High grade cobalt-silver properties, excellent metallurgy, substantial upside

Concession

Ownership

Historical Workings

Access

Infrastructure

Canadian Cobalt Claims

100%*

Samples collected from quartz-carbonate veins

Hwy. 567

Road, water

Silver Eagle Mining Lease

100%*

Past producing mine

Hwy. 567

Road, water

* 1.5% NSR with the option to purchase ¾ (1.125%) for $1,000,000 CDN 16

TSX.V: CPO | OTC: CBBWF


WESTERN COBALT

Saskatchewan Athabasca, MA

The Western Cobalt Project is located in Saskatchewan within and proximal to the Athabasca Basin 17

TSX.V: CPO | OTC: CBBWF

Highly prospective large land package (8,146 hectares) consisting of two properties

Contiguous with claims held by UEX Corp, ALX Uranium Corp, Denison Mines Corp, IsoEnergy Ltd


WESTERN COBALT PROJECT Proximal to UEX Corp’s West Bear CoNi projects which recently (April 9, 2018) released very high grade drill results including 2.0% Co & 1.26% Ni over 10.5m and 0.73% Co & 0.36% Ni over 20.5m.

Aggressive exploration program planned for this year including airborne and ground-based geophysics, prospecting, soil sampling, and diamond drilling

18

TSX.V: CPO | OTC: CBBWF


“ONTARIO COBALT PROJECT� DETAILS The Ontario Cobalt Project consists of 14 mineral claims (184 units) covering 2,944 ha (7,275 acres) located in the Cobalt Camp, Ontario.

Highly prospective land package along the main structure of the Cobalt Camp

19

TSX.V: CPO | OTC: CBBWF

Property exhibits all geological features for Co-Ag mineralization (diabase dyke, Coleman member sediments, major regional faulting)

The company is fully funded for 2018

Aggressive exploration program planned for this year


INVESTMENT HIGHLIGHTS Cobalt-focused polymetallic play

Large land position—approximately 21,382 ha (52,836 acres)

Excellent infrastructure

Properties cover projected strike along trend of known mineralized veins

Strategic alliance with Hochschild Mining (LSE: HOC)

Experienced management team and board

Historical workings on properties (4 mine shafts on the Smith Cobalt project , 1 on Canadian Cobalt project, including the Silver Eagle mine which was host to the highest grade silver ore within the Cobalt camp)

20

TSX.V: CPO | OTC: CBBWF


CPO PROPOSED EXPLORATION BUDGET Category

Description

Budget

Geophysics

Airborne, ground, line cutting, interpretation, bore holes

Drone Mag Survey

Airborne high-resolution magnetic survey over known showings

Geology

Interpretation, mapping, sampling

$ 150,000

Geochemistry

Soil geochem, assay lab, metallurgy

$ 75,000

Drilling

Phase 3 on Smith Cobalt

Environmental

Base line studies

$ 5,000

First Nations Contact

On-going consultations

$ 5,000

Land

Claim conversion

$ 5,000

Logistics

Core shack & road work Travel & lodging, supplies

Technical Report

NI 43-101

$ 25,000

Contingency

@ 10%

$210,000

Total

21

TSX.V: CPO | OTC: CBBWF

$ 310,000

$ 50,000

$ 1,200,000

$ 125,000 $ 150,000

$ 2,310,000 CDN


CONTACT INFORMATION

TORONTO Suite 520- 65 Queen St. West Toronto, ON, Canada M5H 2M5

Glenda Kelly 647 946-2194 info@cobaltpowergroup.com

22

TSX.V: CPO | OTC: CBBWF


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.