NEW YORK, March 08, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – NetworkNewsAudio announces the Audio Press Release (APR) titled "Growing Demand for Nickel for Batteries Drives Increased Investments in Indonesian Nickel Sector," featuring Pacific Rim Cobalt Corporation PCRCF BOLT.
To hear the NetworkNewsAudio version, visit: http://nnw.fm/Io88C
To read the full editorial, visit: http://nnw.fm/W474y
| "The Cyclops Project was acquired following extensive due diligence on over 40 projects across Indonesia," said Pacific Rim CEO Ranjeet Sundher. "The latest drill results continue to confirm our initial impression, assessment and observations of the project's potential, which is beneficially located in proximity to the world's largest buyer of battery metals. We expect the near-surface nature of cobalt and nickel mineralization at the Cyclops Project will lend itself well to low-cost, logistically straightforward drilling. We anticipate the opportunity to undertake a resource calculation study, as well as ongoing metallurgy and process option testing, will present itself in the near future." Pacific Rim has positioned itself as an early mover in the race for Indonesia battery metals. The company has gained 100 percent control of the 5,000 hectare nickel and cobalt Cyclops Project. With production and environmental permits secured, the project benefits from excellent infrastructure, including close proximity to an eager workforce and supplies, sealed roads, ocean access, nearby port facility and gentle topography. The existing road system also enables year-round access to the project and connections to key nearby cities, including Sentani and Jayapura. |
About Pacific Rim Cobalt Corp.
Pacific Rim Cobalt Corp. is a Canadian publicly listed company currently focused on the development of cobalt projects within Indonesia. The company believes cobalt will be the next dominant investment trend related to the critical components of lithium-ion batteries. Cobalt is currently in a global supply deficit, has a vulnerable supply chain, and is part of an emerging sector with extraordinary potential. For more information, visit the company's website at www.PacificRimCobalt.com.
About NetworkNewsAudio
NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today's market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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