The current phase 2 drilling is targeting just a small section of Cobalt strike/area of a total 100km strike potential. The Opuwo project size is unquestionably significant and quite possibly a world class project as we incrementally prove this hypothesis out. Note the scale below is 5km!
Another early confirmation from yesterday metallurgical update is that the Cobalt is Linnaeite (Co3s4) with Copper as Chalcopyrite. Early indication confirms the ore will have minimal deleterious elements and will result in a simple and cheaper beneficiation/extraction process lowering our capex significantly.
Lots of posters have mentioned this point and now CLA has preliminarily confirmed the Linnaeite. CLA should be ranked as one of the top early stage Cobalt investment on the ASX currently.
Not all Cobalt projects are created equal!!!
CLA - FA Bagger Aspiring Cobalt developer. Huge landholding, B Borg, page-375
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