Holes MGRC002 and MGRC003 have intersected the main cobalt lode. Core drilling is currentlyBackground to
underway to extend holes MGRC001 and MGRC004 to intersect this zone. Significant assay results
are presented in Table 1, with additional details pertaining to drilling and assaying presented in Table
2.
The best individual assay results for cobalt was 2.79% over one metre, with highlight results including;
o MGRC002 16m @ 0.65% cobalt from 135m, including
6m @ 1.48% cobalt
o MGRC003 37m @ 0.14% cobalt from surface, including
2m @ 0.36% cobalt and 1.37% copper,
1m @ 1.20% cobalt and 1.02% copper.
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