cobalt breaks 23,800, page-93

Sure, Sorry it is confusing...

The enlarged map above dictates the Mt Thirsty area in Norseman. The Red Rectangles are Conico/Bar owned tenements with the yellow outlines representing Platx/Mark Creasy owned tenements. Directly above the Southern rectangle (the main deposit) Platx have done extensive drilling (Area defined by the green dots which was the pink area in the old map) and from what I can tell on the DMP website have identified an inferred resource with 13,000T of Cobalt in that area alone(I believe this was from 2009 so there could well be more exploration that hasn't been reported). The question is does the resource extend further into Conico/Barra's north tenement? EM Surveying in 2013 and Aircole drilling in 2015 suggests that a resource to compliment the existing Mt Thirsty is possible however further exploration is required.



I wouldn't be surprised if the CNJ/BAR JV could add at least another 50% to their resource with further deeper drilling in the main tenement and also exploration in the north tenement. Hopefully we will hear about this in the coming weeks.