Dr. Andreas Rompel – The Smith and Canadian Cobalt Projects, Ontario
Located in the heart of the prolific Cobalt Camp, the Smith Cobalt Project is comprised of 14 patented claims and 10 staked mineral claims covering 863.6 ha. Location of the Smith Cobalt Project is in Cobalt, Ontario, Canada on the border to Quebec, approximately 420 km north of Toronto or 370 KM NW of Ottawa. Contiguous to the Smith Cobalt Project is the historic Deer Horn Mine, which produced approximately 11 million oz of silver and 100,000 lbs of cobalt. Silver-cobalt producing veins found on the Deer Horn property extend onto the Smith Cobalt project and were encountered in the underground workings. Exploration in 2016-17 included surface sampling, airborne geophysics, and an induced polarization survey. Additionally, an 1,897-meter, 9-hole drill program was recently concluded. Core logging and sampling is close to completion. Assays are pending and results will be released once they have been received and reviewed by the company.
The Canadian Cobalt Project is made up of approximately 7,400 ha of strategically located mining claims in the Silver Center area of the Cobalt Camp. This claim group is within close proximity to several historic mines, (including the former producing Keeley and Frontier Mines in the South Lorrain Township, Ontario) as well as the recently announced First Cobalt/Cobalt One lands. The Keeley and Frontier mines produced more than 19 million oz of silver and 3 million lbs of cobalt over their 60 years of mine life. Located on Canadian Cobalt property, the Silver Eagle mine (which operated around 1918) produced 8,000 oz of silver from a 6-meter section of mine workings that crossed the property from the adjacent Wettlaufer Mine (cobalt was not recovered, as was typical for that era). This historic production proves to be one of the most prolific within the Silver Center.
Bio (Andreas Rompel , Ph.D.)
Dr. Andreas Rompel, FSAIMM has been the Chief Executive Officer and President of Cobalt Power Group Inc. (formerly, Global Copper Group Inc) since April 28, 2016. Dr. Rompel has more than 25 years’ experience in the industry as a team leader, shaft geologist, Divisional/Chief Geologist, Exploration Manager, Project Manager, Head of Department, Corporate Business Manager and as a Director. Working in a variety of commodities, ranging from Gold to PGE’s and Silver on the precious metal side and Copper and Nickel, Iron ore (base metals), and thermal and coking coal (bulk commodities). As part of a multi-disciplinary team he has assessed and technically reviewed capital projects within Anglo American for more than 10 years. Over the past 3 years, Dr. Rompel looked for new business opportunities world-wide for Hochschild Mining. He has had many years of involvement in management, partly as a member, partly as the leader, including the annual budgeting cycle for major Corporations. Dr. Rompel has worked in many countries on several continents and has acquired multi-linguistic skills. He served as Technical Director of Spectrem (an Anglo American Company). Dr. Rompel has been a Director of Global Copper Group Inc. since June 30, 2015.