Cougar Metals NL announced that the Initial Phase of Field work is now underway at the Plateado Cobalt Project (CGM earning 100%), which contains a small scale historical cobalt mine located 130km north-west of the capital, Santiago, Chile. The Plateado Cobalt Project contains a historical mine which is reported to have produced high-grade cobalt. Sampling in early 2017 of historical workings and dumps has returned grades between 0.33% Co and 1.07% Co. Commencement of reconnaissance mapping, sampling, and extensional soil geochemistry aiming to define additional mineralisation outside the immediate historical mine area. The acquisition is part of the Company's step towards diversifying and expanding its portfolio of assets.