11 11 Page 10 By Gregory Reynolds Cobalt Power Group Inc intends to expedite its exploration program on its property near the T own of Cobalt in Northeastern Ontario The company has received the f nal report for the airborne geophysi cal survey recently completed over its Smith Cobalt Project The survey was carried out by Eagle Geophysics on time and on budget in November 2016 The survey comprised 885line kilo metres of Quadrimag an advanced 4sensor magnetometer array and VLFEM It was fown using 50me tre spaced northsouth lines with tie lines at 1 km spacing draping the sur face topography at an average eleva tion of 40 metres Based on an average speed of 1 10 kmh and a sampling frequency of 10 Hz data samples were recorded at in tervals of approximately 3 metres Results indicate that major structures in the project area exhibit a general spatial relationship to known mineral ized veins in the region This data will help the company develop the best exploration plan for the Smith Cobalt Project including ground geophysics mapping and sampling followed by tar get delineation and drilling Dr Andreas Rompel president and CEO comments W e are delighted with the recent airborne geophysical survey The results combined with the upcoming IP data will be cru cially important in accurately defning drill tar gets This information helps accelerate the interpretation of the geology of the project enabli ng us to drill in early spring Moreover the steady rise in cobalt prices from 1 100 to 1675 USD over the past seven months up to Jan 31 2017 encourag es us to expedite our exploration of the Smith Cobalt Project Cobalt Power is a publicly traded Canadian exploration company listed on the TSXV enture Exchange TSXV CPO focused on cobalt exploration and development The company has made a series of strategic property acquisitio ns over the past several months seeking co balt mineralization near Cobalt a re gion with a long history of silver and associated cobalt production Property holdings total 720 ha 1780 acres in contiguous blocks There are several historic mining operations on the properties that are potentially ac cessible including the Smith Cobalt shaft and its under ground workings Survey Key Highlights Numerous contact zones are clearly visible in the magnetic data defning a complex network of interwoven regional formations Structurally the area is dominated by a major NW SE striking fault well defned in both the magnetic and VLFEM data This fault is accomp anied by numerous ad ditional more local faults throughout the area of the survey In general fea tures of interest are subtle trends in the magnetic data that occur in proximity to regional contact zones The survey identifed several areas where geologic structures from the magnetometer data correlate with the presence of near surface conduc tivity from the VLEM data Such areas could represent the presence of sulphide mineralization within Five Element NiCoAsAgBi V ein de posits Of particular interest is the interpre tation of magnetic lineaments show ing a relationship between magnetic ridges interpreted structures and the location of historical known mineral ized veins The Smith Cobalt Project is underlain by a sequence of Archaean volcanics which are uncomformably overlain by Huronian sediments These for mations have been intruded by the Proterozoicage Nipissing diabase sill Faulting on both a regional and lo cal scale has been found by surface mapping and in drill cores Polyme tallic veining and especially pinkish white carbonate veins has also been reported Thus all the necessary geological components of accepted mineraliza tion models for cobaltsilver have been identifed on the properties Geophysical equipment used throughout the project The Eagle Geophysics quadrimag gradiometer White Eagle was employed Expedited exploration pr ogram is aim of Cobalt Power Gr oup COBAL T SPECIAL FEA TURE Page 10 O u r c o m m i t m e n t t o M i n in g C u s t o m e r s I s t o p r o v id e w o r ld c l a s s s e r v ic e s t h a t a l l o u r c u s t o m e r s v a lu e t o d a y O u r m i s s io n i s t o e f f e c t iv e ly m a n a g e y o u r f l e e t t o l o w e r d o w n t i m e W e s t r iv e t o i n c r e a s e t i r e p e r f o r m a n c e m a x im iz e v e h ic le u t i l iz a t io n a s s e t m a n a g e m e n t W e a r e d r iv e n b y o u r p a s s io n t o e n s u r e e v e r y s i n g l e o n e o f o u r c u s t o m e r s g e t t h e m a x im u m v a lu e f o r a l l t h e s e r v ic e s a n d t i r e s t h e y i n v e s t i n t o A t t h e e n d o f t h e d a y o u r r e w a r d i s k n o w in g w e a c h ie v e d w h a t w e s e t o u t t o a c c o m p l is h d a y o n e l o w e r in g y o u r o p e r a t in g c o s t 2 0 9 0 R i v e r s i d e D r T i m m in s O n t a r i o 7 0 5 2 6 7 8 4 7 3 F 4 0 9 f o u n t a in t ir e c o m Page 1 1 COBAL T SPECIAL FEA TURE O u r c o m m i t m e n t t o M i n i n g C u s t o m e r s I s t o p r o v i d e w o r l d c l a s s s e r v i c e s t h a t a l l o u r c u s t o m e r s v a l u e t o d a y O u r m i s s i o n i s t o e f f e c t i v e l y m a n a g e y o u r f l e e t t o l o w e r d o w n t i m e W e s t r i v e t o i n c r e a s e t i r e p e r f o r m a n c e m a x i m i z e v e h i c l e u t i l i z a t i o n a s s e t m a n a g e m e n t W e a r e d r i v e n b y o u r p a s s i o n t o e n s u r e e v e r y s i n g l e o n e o f o u r c u s t o m e r s g e t t h e m a x i m u m v a l u e f o r a l l t h e s e r v i c e s a n d t i r e s t h e y i n v e s t i n t o A t t h e e n d o f t h e d a y o u r r e w a r d i s k n o w i n g w e a c h i e v e d w h a t w e s e t o u t t o a c c o m p l i s h d a y o n e l o w e r i n g y o u r o p e r a t i n g c o s t 2 0 9 0 R i v e r s i d e D r T i m m i n s O n t a r i o 7 0 5 2 6 7 8 4 7 3 F 4 0 9 f o u n t a i n t i r e c o m