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Jervois Mining Ltd.
Summary
| Project: | Idaho Cobalt | |
|---|---|---|
| Deposit: | Idaho Cobalt | |
| Location: | United States | |
| Commodities: | Cobalt-Copper-Gold | |
| Date: | 12/2/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 2-12-2019: Jervois Mining Ltd. announces an Exploration/Drilling Update report for its Idaho Cobalt deposit at the Idaho Cobalt project. Drilling results incl. 4.6m @ 1.14% Co, 2.75% Cu, 1.01g/t Au. Jervois Mining Limited (the “Company” or “Jervois”) (ASX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David Selfe, Dean Besserer (Internal) | |
| ABSTRACT: | Jervois Mining Limited (the “Company” or “Jervois”) (ASX: JRV) (TSX-V: JRV) (OTC: JRVMF) (FRA: IHS) is pleased to provide results of the 2H 2019 drilling results at its Idaho Cobalt Operations (“ICO”). Since taking ownership of Idaho Cobalt Operations (“ICO”) in July, Jervois aggressively drilled during 2H 2019 to optimize and de-risk the bankable feasibility study (“BFS”) underway, and to begin to assess potential mineral resource upside. The Company completed 3,125 metres of diamond core drill drilling over 19 holes to support the bankable feasibility study (“BFS”) currently in progress. All holes targeting the currently modelled Ram resource intersected mineralization, representing an increase of over 20 percent of all resource grade holes undertaken on the Ram deposit. In addition, two holes were extended to explore the footwall of the RAM deposit, successful results for both step out exploration holes were reported 15 October 2019. The Ram deposit resource remains open at depth and along strike offering opportunities for expansion. The initial footwall exploration results confirm an extension of the Blackbird mine horizons resulting in the opportunity to further explore the Blacktail North extension zone on strike and dip. An extensive drill programme is planned during the US summer of 2020. | |
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