Ann: Testwork produces battery grade Cobalt, page-9

The Phase 3 metallurgical testwork focused on defining down-stream concentrate processing options. The results have successfully demonstrated exceptional recovery rates of cobalt, copper and gold from drill samples from the Cobalt Ridge Deposit, using conventional processing routes. Conventional flotation testwork delivered a high-grade cobalt-copper-gold concentrate – of up to 7.38% Co – from high grade Cobalt Ridge samples, as well as excellent concentrate grades from lower low-grade samples (see Table 1);

Table 1: Met Sample and Concentrate Grades Cobalt % Copper % Gold g/t
Background 0.14% Co, 0.32% Cu, 0.09 g/t Au 3.31 9.28 2.73
Highgrade 0.84% Co, 0.21% Cu, 0.47 g/t Au 7.38 1.29 4.10


With these resuts and ground how come that sp is 1.0 ct. ? don't get it