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Berkut Minerals Ltd.
Summary
| Project: | Skuterud | |
|---|---|---|
| Deposit: | Skuterud | |
| Location: | Norway | |
| Commodities: | Cobalt-Copper | |
| Date: | 1/8/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-1-2018: Berkut Minerals Ltd. announces an Exploration/Drilling Update report for its Skuterud deposit at the Skuterud project. Drilling results incl. 2m @ 0.12% Co, 0.11% Cu from 75m. Berkut Minerals Limited (ASX: BMT) (“Berkut” or the “Company”) is ple | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Neil Inwood (Internal) | |
| ABSTRACT: | Berkut Minerals Limited (ASX: BMT) (“Berkut” or the “Company”) is pleased to advise that assay results have been received and processed from the maiden diamond drill program at the 100% owned Skuterud Cobalt Project in Norway (Refer Figure 1). Berkut’s Managing Director, Neil Inwood commented: “This first drilling at Skuterud has confirmed that cobalt mineralisation is present within a broad sulphide halo system that is up to 30m wide, supporting the potential to host a system with substantial scale. The results from this program will feed into additional ground work on the three Skuterud project regions in 2018 with an aim to identifying high-grade mineralisation. The company has a firm focus for 2018 and is well funded for the 2018 field season” This first phase drill program (Refer Figures 1, 2 and 3) targeted depth and strike extensions of known cobalt workings and previously untested geological units that had been identified through recent field mapping and ground magnetic surveys. Cobalt and copper mineralisation was observed in all of the holes sampled at Middagshville with a pattern emerging of broad copper/cobalt haloes (e.g. 30m @ 0.15% Cu from 12m in MDV003 and 18m @ 0.04% Co from 35m in MDV002) hosting multiple higher-grade cobalt zones consistent with observations from the nearby Skuterud underground workings. These broad cobalt/copper haloes will be used as targeting vectors to potential higher-grade zones within the 6.3km long Skuterud trend. | |
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