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Berkut Minerals Ltd.
Summary
| Project: | Skuterud | |
|---|---|---|
| Deposit: | Skuterud | |
| Location: | Norway | |
| Commodities: | Cobalt-Copper | |
| Date: | 5/8/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-5-2018: Berkut Minerals Ltd. announces an Exploration/Drilling Update report for its Skuterud deposit at the Skuterud project. Drilling results incl. 7.6m @ 0.04% Co, 0.10% Cu from 71.4m. Berkut Minerals Limited (ASX: BMT) (“Berkut” or the “Company”) is | |
| 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 from recent additional sampling of core from the maiden diamond drill program at the 100% owned Skuterud Cobalt Project in Norway (Refer Figure 1 and 3). In March 2018, relogging of the core was undertaken along with additional cutting and sampling of selected core targeting intersections of anomalous cobalt/copper mineralisation that were not completely terminated by previous sampling. Significant results from this sampling include: The newly identified zones will aid in both 3D interpretation (refer Figures 2, 4 and 5) and targeting on the ground. Berkut’s Managing Director, Neil Inwood commented: “The company looks forward to progressing field activities at Skuterud in May this year. The results from the recent infill core sampling have confirmed that at least three distinct cobalt anomalous zones are being seen within a broader copper halo near the Middagshville workings. Berkut is now preparing for a follow up drilling program designed to vector in on high grade cobalt zones exploited within the historical workings. With $4 million of cash, Berkut is well funded to continue to explore this exciting 6.5 kilometre trend of cobalt workings at Skuterud which was, in its day, the World’s largest cobalt producer | |
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