CHK -  Cohiba Minerals Ltd.SOI = 664 million  (including CR...

CHK -  Cohiba Minerals Ltd.

SOI = 664 million  (including CR shares to be issued 12/12/18), 295 Million options (CHKO - .018c strike April 2020).

Cash = $2.7 Million  ( including recent CR funds) + ($5.3 Million from options conversion}

MC  =   $11.3 Million (@ .017c )

CHK to target IOCG trend following the recent BHP discovery of a very significant intersection of copper gold mineralisation in an adjoining tenement from Oak Dam East, through this anomaly and towards the “HorseWell” HWD1 anomaly within EL618IOCG targets reviewed in light of active drilling by BHP Billiton (ASX BHP), Red Metal (ASX: RDM) and Oz Minerals (ASX: OZM) in adjoining tenements.

Key Short Term Catalysts:

1/ BHP re sampling old drill cores results ( results may or may not be released to market?)

2/ RDM/OZL drilling results.

3/ BHP to commence follow up drilling campaign early 2019. BHP drilling budget increased to $7 Million for 2019.

4/ ARE/AIS drilling at Lake Torrens scheduled to commence mid January 2019.

5/ Possible deal with several parties already in discussions with CHK management. Deal could come at anytime!

“Furthermore Cohiba has in the past few weeks has been in preliminary discussions with various parties willing to discuss collaboration on the Horse Well Project, although the form and nature of any collaboration remains under discussion. Although these discussions are incomplete and preliminary in nature, in light of recent events, CHK has increased confidence in its ability to negotiate a favourable outcome for our shareholders."

6/ Exploration update from CHK management.

“We are excited to now commence a systematic exploration program on the Olympic Domain project area with a particular focus on Horsewell which lies 2km East of BHP’s recent Oak Dam discovery. The company and its technical team, which is made up of industry leaders instrumental in the Carrapateena discovery, believe this area is highly prospective for the discovery of further significant mineralisation."

7/ Drilling permits for Horse Well Project.

"We will keep the market informed and at the moment it is business as usual with Cohiba and its joint venture partner seeking to finalise permits to enable us to commence a drilling program as soon as practical.”

8/ Pyramid Lake Gypsum Project Update.