CLA 8.33% 1.1¢ celsius resources limited.

Ann: Opuwo Regional Target Drilling Commences, page-20

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  1. 331 Posts.
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    Is suspect CLA have finished the many drills probably over a 100 needed for assay the next part of the Western part of the DOF that is required for next revised revised the JORC that should add further to our already JORC confirmed cobalt resources.

    The SkyTem survey was for the very specific and different purpose of determining if there is anything else in our license area worth drilling, so before they look at potentially inviting potential development partners to invest or perhaps a later outright sale, it makes sense to make sure to do 20-30 so drills that do not seem overly expensive to see what other assets we have in our license areas.

    I imagine many shareholders would be disappointed if a partner invested in CLA at these of higher prices only to later find out that actually there was potentially significant value that we did not know about that they effectively got for free. (i.e we don't want to miss what maybe a elephant hiding in the room)

    The minerals that have been identified some of which are cobalt, but some vanadium and some copper lead etc are just what has been found, I do not believe its a change of focus from cobalt, its just what happens to have been identified from Skytem, soil and chip samples


    I look forward to the next drill update assay results and the updated JORC which should be coming soon. Its a long road IMHO patience will be rewarded

 
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