CBLT Inc (CBLT)

[junkHustler]

CBLT Reports on Successful Program at Chilton Cobalt

Burlington, Ontario--(Newsfile Corp. - September 18, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT) is pleased to report on the success of its spring work program (the "Program") at its 100%-owned Chilton Cobalt property, located 40 kilometers east of Saint-Jovite, Quebec. Multiple follow-up cobalt targets have been identified.

The Program included the collection of 51 rock grab samples as well as completion of a 649-sample soil geochemistry grid and a 27 line-kilometer VLF-EM survey. The collective data identify two linear Co-Ni-Cu anomalies that are coincident with strong VLF-EM conductors, both of which are centered over the historical showings as shown in the map below.

Zone A is outlined by a 1,000 by 250 metre north-trending cobalt-chromium-copper-nickel soil anomaly. Several other conductors worthy of follow-up work are also identified as crossing Zone A. Zone B is outlined by a 750 by 250 metre east-trending cobalt-chromium-copper-nickel soil anomaly, with the historical Lac Sicotte showing at the south end of this zone. A strong VLF-EM conductor passes through this zone.

In addition to Zones A and B, five additional sites at Chilton exhibit anomalous cobalt, copper, chromium and nickel in outcrop rock grab samples. Several of these are located on or near VLF-EM conductors and management considers them high-priority targets.

"This was a high-value work program for CBLT, resulting in multiple targets for the next round of exploration," said CBLT's CEO, Peter M. Clausi. "The platform for exploration success is cost-effective, patient, intelligent groundwork. Breakaway's report provides CBLT with a springboard for the next phase of exploration at Chilton, for which CBLT is already funded."

Sample Collection and Analysis

A total of 649 soil samples including field duplicates were collected with soil augers on pre-defined lines oriented N090° and spaced 100m apart with 50m sample intervals. Samples were delivered to ALS Activation Laboratories Ltd. (Val d'Or, QC) for analysis. ALS is accredited under ISO 9001. Samples were prepared under ALS protocol SCR-41, analyzed for 35 elements by partial Aqua-Regia acid digestion followed by ICP-AES (ALS protocol ME-ICP41).

A total of 51 rock grab samples were collected over a period of eight days. Samples were prepared according to ALS protocol Prep-31 and analyzed for 33 elements by four acid digestion followed by ICP-AES according to ALS code ME-ICP61.

The VLF-EM survey was completed on predetermined GPS traverse lines each 3.0km long, spaced 100m apart and oriented at N000° for a total surveyed length of 27.0 line-kilometers. Sample stations were spaced every 25m for a total of 1088 data points.

Compilation map of the Chilton Project with zones A and B delineated by geophysics and soil cobalt values.

image: http://orders.newsfilecorp.com/files/4750/29063_a1505501776899_15resize.jpg

image: http://orders.newsfilecorp.com/files/4750/29063_a1505501776899_15resize.jpg



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The Program was managed by Mr. Mark Fekete, P.Geo. (Quebec) of Breakaway Exploration Management Inc. (Val d'Or, QC), who also is the author of the Report. The technical contents of this news release have been reviewed and approved by Dr. Tom E. McCandless, P.Geo., a director of CBLT and Qualified Person under National Instrument NI 43-101.