Bolt Metals Corp. PCRCF Archives

WednesdayJun 03, 2020 10:40 am

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Eyes Opportunity Amidst Increased Investment into Indonesia’s Battery Metals Supply Chain

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), an Indonesia-based company focused on developing battery mineral projects in the Asia‐Pacific region, today noted reporting by the Financial Times that Huayou Cobalt (“Huayou”), “China’s top cobalt producer halts buying from Congo miners.” The Democratic Republic of Congo (the “DRC”) has been widely reported to represent 60% of global cobalt production. Huayou, which supplies cobalt to battery makers LG Chem of South Korea and CATL of China, as well as Chinese carmaker BYD and Germany’s Volkswagen, is the latest conglomerate to exit the DRC, joining Apple, Google and several auto manufacturers.…

TuesdayMay 19, 2020 9:41 am

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Eyes Advancements of Cyclops Nickel Project as Indonesia’s Mining Law Revisions Aim to Remove Red Tape

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), an Indonesia-based company focused on developing battery mineral projects in the Asia‐Pacific region, today released an update regarding the passage of revisions by Indonesia’s parliament to its mining law aimed at removing red tape and attracting investment into the sector. Bolt Metals’ flagship Cyclops project is ideally situated on the north shores of Papua Province, Indonesia, and amendable to low cost development due to its proximity to air and sea transport links, gentle topography and an experienced local workforce. “Bolt Metals has always maintained that Indonesia is perfectly placed to leverage…

TuesdayMay 12, 2020 10:04 am

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Announces Cyclops Project License Registration, Provides Update

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) today announced that the Cyclops Project License is now registered in the database of the Directorate General of Minerals and Coal, Ministry of Energy and Mineral Resources of the Republic of Indonesia with related physical documentation expected shortly. Despite challenges related to COVID-19, the Cyclops project site is secure with no known cases in the direct project area. The Jakarta head office and Sentani site camp and logistics base are operating at reduced levels, with field activities to recommence upon lifting of the nationwide lockdown. While movement is temporarily restricted, Bolt…

FridayMay 01, 2020 11:48 am

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Eyes Positive Future for Flagship Cyclops Property

Canadian‐based exploration company Bolt Metals Corp.’s (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) optimism for the potential of its flagship Cyclops property in Indonesia was recently supported by comments made by Indonesian State-Owned Enterprises Minister Erick Thohir. An article discussing the company reads, “Indonesia has worked arduously to turn its world-class nickel deposits and its proximity to China into a strong hand bidding for dominance in the EV battery supply chain. A recent Antara News report indicates that Indonesia is proceeding with those efforts despite the economic devastation being wrought by the novel coronavirus pandemic, which rapidly spread from nation to…

FridayApr 24, 2020 12:55 pm

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Aims to Secure Supply Chain for Cyclops Project via Nonbinding Agreement

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), a Canadian‐based exploration company, recently entered into a nonbinding cooperative agreement with Chinese tungsten and cobalt producer Hunan Jinxin, potentially opening the door to future agreements on mineral sourcing from PCRCF’s Cyclops Nickel-Cobalt project based in Indonesia (http://ibn.fm/T8sm1). An article discussing the company reads, “While extensive exploration of essential EV supply chain metals such as nickel and cobalt has been taking place at the project in Indonesia — a country known as the world’s largest nickel ore producer — Bolt Metals acknowledges that the possibility of proceeding to production at the…

ThursdayApr 23, 2020 12:15 pm

Indonesian Official’s Comments on EV Metals Production Underscore Bolt Metals’ (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Expectations for Cyclops Site

Indonesian State-Owned Enterprises Minister Erick Thohir recently stated that the country’s efforts to use its mineral resources competitively in the electric vehicle battery supply chain will continue despite the economic impacts of the worldwide pandemic Indonesia is working to be a key player in the Asia-Pacific market for EV batteries, including talks with companies in South Korea and global economic powerhouse China Canada-based mineral exploration company noted Thohir’s comments in discussing development of the company’s strategic Cyclops Nickel-Cobalt project Bolt is focused on acquiring and developing production-grade EV battery metals projects in the Asia-Pacific region as world leaders work toward…

WednesdayApr 15, 2020 12:28 pm

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Has Optimistic Outlook Despite Challenges of Pandemic on World Markets

The unexpected rise of the COVID-19 pandemic has roiled markets on a global scale, but the economic outlook for China’s large electric vehicle (EV) market clearly remains promising Canadian mineral explorer Bolt Metals Corp. is pursuing a strategy of playing a part in China’s EV supply chain, anticipating that its Indonesian Cyclops Nickel-Cobalt project will further its plans Bolt is focused on the acquisition and development of production-grade EV battery metals projects in the Asia-Pacific region, anticipating that world leaders’ climate change policies will boost EVs’ fortunes Indonesia is working to use its metals resources to make itself a key…

WednesdayApr 15, 2020 9:17 am

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Announces Indonesia’s Continued Pursuit to Become EV Battery Production Hub

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), a Canadian‐based exploration company, today announced that Indonesia is continuing its pursuit of plans to build several factories for production of battery-grade nickel chemicals for electric vehicles (“EVs”) with priority use of in-country nickel resources despite COVID-19 related challenges. In a recent interview published by Antara, State-Owned Enterprises Minister Erick Thohir explained that national strategic projects, including those to generate batteries for EVs, will persist (http://ibn.fm/2X0Z2). “This project to produce batteries is a long-term one. If we were to build it in four years, it would become a reality. Will it be…

FridayApr 03, 2020 1:55 pm

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Gathers Strong Results from Large-Scale 2019 Exploration Program

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), formerly Pacific Rim Cobalt Corp., conducted a large-scale exploration and development program at its flagship Cyclops Nickel-Cobalt project located in Papua Province, Indonesia, last year. A recent article discussing the company reads, “Drilling identified significant horizons of nickel mineralization, and bench-scale scoping tests yielded positive results for processing of this nickel material. . . . The flagship project, which has an environmental and mining permit issued, enjoys national, provincial and local support. The project license is fully compliant with mining registration processes and will be transferred into a foreign investment license,…

FridayMar 27, 2020 1:21 pm

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Leveraging Success of Flagship Cyclops Property to Raise Capital

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), formerly Pacific Rim Cobalt Corp., is pursuing ambitious goals in 2020. A recent article discussing the company reads, “Bolt Metals’ flagship subsidiary employs an experienced, local workforce at a location close to air and sea transport links in Indonesia. The Cyclops project currently has both its production and environmental permits and year-round access for development. . . . A prior news release (http://ibn.fm/keByn) states that Cyclops’ mineralization-finding success has made it possible for the company to attract capital it needs ‘to pursue ambitious milestones in 2020, which include preparations to commission…

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