VANCOUVER, Sept. 26, 2017 /CNW/ - Cobalt Power Group Inc. (the "Company") (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce that pursuant to the recently announced alliance with Hochschild Mining PLC ("Hochschild") (see news release date August 30, 2017), Hochschild has appointed Mr. Isac Burstein to the Company's Board of Directors, expanding the number of members to seven.
Mr. Burstein joins the Company from well-established senior mining producer Hochschild Mining, where he has been a geologist since 1995. Prior to his current position as VP Exploration and Business Development, Mr. Burstein served as Manager for Project Evaluation, Exploration Manager for Mexico, and Exploration Geologist. He holds a BSc in Geological Engineering from the Universidad Nacional de Ingenieria in Peru, an MSc in Geology from the University of Missouri, and an MBA from Krannert School of Management at Purdue University in Indiana, USA.
"We would like to welcome Mr. Isac Burstein to the board of directors," comments Dr. Andreas Rompel, President & CEO. "His extensive experience in exploration and business development will be an invaluable asset to the company."
About Cobalt Power Group Inc.
Cobalt Power Group Inc. is a publicly traded Canadian exploration company listed on the TSX-Venture Exchange (TSX-V: CPO) focused on cobalt exploration and development.
The Company has made a series of strategic property acquisitions over the past year, seeking cobalt mineralization near Cobalt, Ontario - a region with a long history of silver and associated cobalt production. Property holdings including the Canadian Cobalt Project and the Coleman Township properties total approximately 8,544 hectares (21,100 acres) in contiguous and strategic claim blocks. There are several historic mining operations on the properties that are potentially accessible, including the Smith Cobalt shaft and its underground workings.
