Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Reports Positive Cyclops Project Results as Interest in Electric Vehicles Gains Momentum

The need for nickel for batteries is driving greater investment in mines in Indonesia.

• Batteries play vital role in modern society, powering everything from phones to EVs.
• Pacific Rim Cobalt Corp. releases assay results confirming strong nickel, cobalt mineralization in Cyclops Project.
• As the world’s leading source of nickel, Indonesia is seeing serious investments.

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) just announced assay results from its ongoing 2019 drilling campaign at the Cyclops, Nickel/Cobalt Project in Indonesia. VALE S.A. (NYSE: VALE) has also invested heavily in Indonesian nickel production. Glencore (OTC: GLNCY) both mines nickel and recycles it from old batteries. Lundin Mining Corporation (TSX: LUN) (OTC: LUNMF) produces nickel and its byproducts in four countries. Cobalt 27 Capital Corporation (TSX.V: KBLT) (OTCQX: CBLLF) has invested in a nickel mine in Papua New Guinea that, like Indonesia, offers good access to customers in Chinese industry.