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European Cobalt Ltd.
Summary
| Project: | Dobsina | |
|---|---|---|
| Deposit: | Joremeny Adit | |
| Location: | Slovakia | |
| Commodities: | Cobalt-Nickel | |
| Date: | 6/19/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-6-2019: European Cobalt Ltd. announces an Exploration/Drilling Update report for its Joremeny Adit deposit at the Dobsina project. Drilling results incl. 3.66m @ 0.69% Co, 1.122% Ni from 11.1m. European Cobalt Ltd (“EUC” or “the Company”, ASX: EUC) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Jewson (Internal) | |
| ABSTRACT: | European Cobalt Ltd (“EUC” or “the Company”, ASX: EUC) is pleased to announce multiple significant cobalt-nickel intercepts from underground diamond drilling within the Joremeny Adit, Dobsina Project, Slovakia. Managing Director, Rob Jewson commented “The drilling completed has confirmed the presence of cobalt and nickel mineralisation on the level of the Joremeny Adit. The exploration targeting model is being refined based on the results and drill logging completed to date. From the drilling, mapping and channel sampling completed it appears that the Cobalt-Nickel mineralisation mimics typical structural trend of the Dobsina geology – Cobalt-Nickel mineralisation is distributed along the siderite veins of east-west and north east- south west strike orientation. Cobalt-Nickel mineralisation forms elongated boudins discontinued laterally by subvertical faults and vertically by sub horizontal faults subparallel with thrust fault plane. In a central part of the adit, the mineralisation increases in thickness towards the eastern extent of Joremeny Adit where it’s dislocated by the normal fault. Modelling is being conducted to define the potential offset position of this mineralisation.” Underground diamond drilling within the Joremeny Adit has been completed using both hand portable diamond drills and ONRAM1000 and Diamec 251 diamond drill rigs at a spacing of approx. 25m along strike between drill holes. The drilling completed was progressing from west to east within the adit. Drilling targeted extensions to mineralisation identified from mapping and channel sampling to determine the extent, geometry and grade of the mineralisation. The results returned from the drilling in conjunction with geological logging is utilised to refine the exploration targeting model and understanding on the controls of mineralisation. | |
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