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Northern Cobalt Ltd.
Summary
| Project: | Wollogorang | |
|---|---|---|
| Deposit: | Stanton | |
| Location: | Australia | |
| Commodities: | Cobalt-Nickel-Copper | |
| Date: | 8/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-8-2018: Northern Cobalt Ltd. announces an Exploration/Drilling Update report for its Stanton deposit at the Wollogorang project. Drilling results incl. 0.5m @ 270ppm Co, 220ppm Cu from 8m. Wollogorang Cobalt Drilling Program Northern Cobalt Limited (ASX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Schwarz (Internal) | |
| ABSTRACT: | Wollogorang Cobalt Drilling Program Northern Cobalt Limited (ASX: N27) is pleased to announce further results from ongoing drilling at the Wollogorang Cobalt Project. The company has continued drill testing targets consisting of magnetic lows similar to that underlying the Stanton Cobalt Deposit. This exploration method continues to be very encouraging, with approximately 21%, or 128 of the 623 drill holes analysed so far intersecting cobalt mineralisation in excess of 100ppm (up from 17% in the previous announcement on 25 July 2018). Samples analysed from this style of shallow drilling are comparable to similar samples taken over the Stanton Cobalt Deposit, which peaked at 147ppm Co, which provide an indication of significant cobalt mineralisation at depth. Deeper follow up drilling to test these targets will commence next week | |
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