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Celsius Resources Ltd.

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Summary

Project:

Opuwo

Deposit:Opuwo
Location:Namibia
Commodities:Cobalt-Copper-Zinc
Date:3/13/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:13-3-2018: Celsius Resources Ltd. announces an Exploration/Drilling Update report for its Opuwo deposit at the Opuwo project. Drilling results incl. 4.82m @ 0.14% Co, 0.38% Cu, 0.65% Zn from 154.0m. Celsius Resources Limited (“Celsius” or “the Company”) i
Resources:x
CP/QP:[Overall Report]: Brendan Borg (Internal)
ABSTRACT:Celsius Resources Limited (“Celsius” or “the Company”) is pleased to provide an update on exploration results at its 95% owned Opuwo Cobalt Project (“Project”) in Namibia. The latest results include further confirmation of deep down-dip continuation to the mineralisation, with drillhole DOFD0114 intersecting four zones of mineralisation, including three typical DOF style cobalt-copper-zinc mineralisation zones, and an additional zone containing only copper and zinc. All data has now been provided to independent resource modelling and estimation consultants, with modelling of the mineralisation progressing rapidly and reporting to the Company expected in late March. Celsius Managing Director, Brendan Borg commented: “The Opuwo Cobalt Project is approaching a significant milestone in its evolution, as we prepare to report our maiden JORC Mineral Resource. The final drilling results from the 2017 resource drilling campaign and continued drilling success demonstrate the potential still being uncovered from this expansive mineralised system.”

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