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Northern Cobalt Ltd.
Summary
| Project: | Wollogorang | |
|---|---|---|
| Deposit: | Running Creek | |
| Location: | Australia | |
| Commodities: | Cobalt-Nickel-Copper | |
| Date: | 10/9/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-10-2018: Northern Cobalt Ltd. announces an Exploration/Drilling Update report for its Running Creek deposit at the Wollogorang project. pXRF analysis on RC chips results incl. 55m @ 0.72% Cu from 0m. Northern Cobalt Limited (ASX: N27) is pleased to anno | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Schwarz (Internal) | |
| ABSTRACT: | Northern Cobalt Limited (ASX: N27) is pleased to announce it has confirmed a new geological model for copper mineralisation associated with a north-east trending structure at the Running Creek Prospect, located approximately 1.8 km east of the Stanton Cobalt Deposit (Figure 1). The Running Creek Prospect was originally identified by CRA in the 1990’s as a group of small, individual copper and cobalt mineralised systems with limited extent. Reinterpretation of the main controls of mineralisation by Northern Cobalt along a north-east trending structure has linked the individual mineral systems and led to the outstanding copper intersection in drill hole 18RAB102 (Figure 2). Drilling will continue to test the lateral extents of mineralisation over the coming weeks. “The development of a new geological model on mineralisation at Running Creek has opened up a significant new copper mineralised system only 1.8 km to the east of the Stanton Cobalt Deposit. While the system appears to be dominated by copper mineralisation, it also contains significant cobalt credits and continues to show the extent of the mineralisation that runs through the Wollogorang Project.”, Michael Schwarz (MD) | |
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