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Cougar Metals NL

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Summary

Project:

Toamasina

Deposit:Main Zone
Location:Madagascar
Commodities:Graphite
Date:7/27/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-7-2017: Cougar Metals NL announces an Exploration/Drilling Update report for its Main Zone deposit at the Toamasina project. JV - Drilling results incl. 19.5m @ 6.12% Cg from 10.0m. Cougar Metals NL (“Cougar” or “Company”) (ASX: CGM) is pleased to prov
Resources:x
CP/QP:[Overall Report]: Steven Goertz (Hendry Consulting Sarl)
ABSTRACT:Cougar Metals NL (“Cougar” or “Company”) (ASX: CGM) is pleased to provide the initial drilling results from the Toamasina Saprolitic Graphite Project, Madagascar. Cougar is earning a 50% interest in the Project by completing a PEA to Ni 43-101 standards utilising a minimum of 3000m of drilling and 1000m of trenching. The initial drill results comprise six (6) holes in the recently identified Southwest Zone (“SW Zone”) and three (3) holes in the Main Zone (“MZ”). Due to access issues drilling was not possible in the Main Zone until 14 June, 2017. Assays from a further 32 holes are currently being processed at AGAT laboratories, Ontario Canada. Results are awaited.

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