Mr. James Nelson reports

CRUZ LOOKING TO START OPERATIONS ON COBALT PROSPECTS IN BC

Cruz Cobalt Corp. is planning to commence operations shortly on its War Eagle and Purcell cobalt prospects in British Columbia.

Cruz president, Jim Nelson, stated: "We are very excited to be starting up operations on our properties located within B.C. Recent airborne data gathered on Cruz's British Columbia cobalt properties have shown strong magnetic features within the cobalt prospects and we anticipate beginning operations shortly utilizing the flow through funds on hand."

Cruz currently has nine cobalt projects located throughout North America, comprising five in Ontario, two in British Columbia, one in Idaho and one in Montana. Cruz's five separate Ontario cobalt prospects are all located in the vicinity of the town of Cobalt making Cruz one of the largest landholders in this emerging cobalt district. Cruz's Ontario projects include the 1,265-acre Coleman cobalt prospect, the 900-acre Johnson cobalt prospect, the 4,980-acre Hector cobalt prospect, the 1,580-acre Bucke cobalt prospect and now the 10,556-acre Lorraine cobalt prospect. The company's B.C. prospects include the 15,219-acre War Eagle cobalt prospect and the 11,821-acre Purcell prospect. Cruz's U.S. projects include the 1,940-acre Chicken Hawk prospect in Montana and the 880-acre Idaho Star prospect.