*'s e-sheet this morning has an article on Itapitanga - nothing really new but says assays in a fortnight. I very much doubt CTM would put that out if they were not confident assays will be what we expect.
Importantly more peeps will read about this and come and see that it is a screaming buy at 1.4c
“The Itapitanga laterite nickel-cobalt mineralisation is developed above the same ultramafic intrusive complex that hosts Anglo American’s Jacaré Ni-Co Project, which has total resources of 307Mt at 1.3% nickel and 0.13% cobalt, including a high-grade cobalt resource of 185Mt at 1.2% nickel and 0.18% cobalt,” Mr Gordon says.
“Centaurus has identified two targets at Itapitanga: a northern target with a strike length of some 3.3km and a southern target with a strike length of 2 km.”
He notes that the Carajás projects also include Salobo West, which is highly prospective for copper and gold.
“This prospective property is 12km along strike from Vale’s world-class Salobo Mine (their largest copper producer) and has latest reserves of 1.2Bt at 0.61% copper and 0.32g/t gold,” Gordon says.
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