Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Licensed for Cyclops Nickel-Cobalt Project in Indonesia

Feb 20, 2020

Cyclops Nickel-Cobalt project license fully compliant under updated mining registration process National, provincial and local support received for project Strategic partner and investor discussions have commenced Indonesia is currently the largest nickel producer worldwide

Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), an Indonesia-based company focused on developing nickel-cobalt opportunities in the Asia-Pacific region, received the approval of the Republic of Indonesia Ombudsman for the registration of the Cyclops Nickel-Cobalt Project license. The project license will be transferred into a foreign investment license, where it will be administered by the central government, according to a company announcement (http://nnw.fm/D3g4n).

The Cyclops Project, located in Papua Province, Indonesia, is mining and environmentally permitted with year-round access. In 2019, the company carried out a large-scale exploration and development program at its flagship 5000-hectare, Cyclops Nickel-Cobalt project. Drilling identified significant horizons of…

NOTE TO INVESTORS: The latest news and updates relating to PCRCF are available in the company’s newsroom at http://nnw.fm/PCRCF

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