Happy to be corrected, but from memory this company were releasing these sort of announcements about grab samples in the Cobalt bull run/bubble mid-late last year, and the share price was surging. When they finally did release actual drill results late December 2017, the results were shite and the stock tumbled.
May be why they are hesitant to bother actually drilling anything to get detailed results, which could further confirm it's a duster. If not for that reason, I'm amazed that since December 2017 there hasn't been any further drill results.
Time will tell I guess. Hard to see anything good coming of EUC in my opinion.
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