OTHER EXPLORATION ANNOUNCEMENTS Pit sampling results from 9 pits at Eliseo will be announced at the end of May. So far six samples have been complete and the
3 unsampled pits are awaiting arrival of Hammer Mill 4 for processing.
15 rock chip samples taken in 2012 at Tintiero were retested by ALS for their cobalt minerology in early April.
These samples were reported on the 30thof May 2014 in report entitled Orinoco to Drill Test Significant New Tintiero IOCG Targets. Our team randomly retested 15 of these samples for cobalt accuracy. Results came back on April 19thwith 4 returning meaningful readings of 0.106%, 0.396%, 0.379% and 1.19% cobalt.
More work is needed to determine if Tintiero is a cobalt target, in addition to the other minerals reported including gold, silver, copper,nickel and tungsten. Eleven fresh samples of 10kg rock chips at Tintiero were taken by the team and are currently with ALS to test their cobalt minerology also.
These results are expected shortly and will be used as a basis to decide if a cobalt focused drilling programme is warranted.
Well the potential is there for IOCG -Multi-element deposit at-" Tintiero " Elements include -Cobalt ,Gold ,Silver ,Copper , Nickle & Tungsten. salt
