Global Cobalt Corporation announced the final drill results from the Winter 2013 work program at the Karakul Project in the Altai region of Russia. Drill hole highlights: Drilling in Eastern Zone represents over 900m of strike extent of mineralisation with limited drilling and is considered a prime target for additional drilling. Additional high priority drill targets exist at depth and will be further explored with a new drill program to commence in late Spring 2014.

Reporting of final assay results enables the Company to finalize work to report on updated NI 43-101 compliant resource report for the Karakul Cobalt Project. All drill holes intersected multiple zones of mineralisation with the exception of hole 187, the most Northerly drilled hole, and continue to add pierce points along the Eastern Zone. Drill holes 192, 211 and 218 were drilled to trace and extend mineralization in the southern region of the Eastern Zone that had only seen limited historical drilling.

These three drill holes represent the most southern holes from the Winter 2013 drill program. All drill holes returned cobalt, copper, bismuth, tungsten and silver mineralization and help to define and extend the Eastern Zone through the southern portion of the project area. Based on these results and drill holes 189, 217 and 219 (previously reported) represent over 900m of strike extent of mineralisation with limited drilling.

Mineralisation is open at depth on all sections and intersections are all within approximately 125 m of surface. Represents a prime target for additional exploration drilling.