BMT - From their announcement 13/09/2017:
Highlights
▪ Maiden drill program is on track to commence in early October 2017 at the 100% owned Skuterud Cobalt Project, Norway o Drill notifications submitted
▪ Target regions lie 500m along trend from the major historic Skuterud cobalt mine o Similar geology and geometries identified to nearby Skuterud workings o Cobalt up to 0.8% identified in surface dumps
▪ Recent extensive field work finalised:
o Extensive community engagement undertaken
o Drilling targets defined
o Further historic workings identified on Berkut’s licences o Massive sulphides identified in historical mining spoil piles
▪ Down-hole geophysics planned at the Lainejaur Ni-Co-Cu deposit in Sweden
Low MC and quite a decent news flow to start soon. Closer we get, higher the SP should move, not a bad punt.
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