Historical insightsInterestingly, previous exploration, using conventional techniques, missed the potential mineralised systems – outlined above – due to a 5m - 40m covering of surficial sand and clay.CCZ’s geology team undertook a fresh review of historical data which identified further mineralisation opportunities within the BHA Project. Within the East Zone, although further validation is necessary, there are robust surface results for Cobalt-Copper-Gold including up to 9,500ppm Co, 1.1% Cu and 3.46ppm Au2.Meanwhile, the West Zone contains the same geological formation that hosts Cobalt Blue’s (ASX: COB) Thackaringa cobalt-pyrite resource3. This has been verified through government mapping to be included within the BHA Project and confirmed by rock-chips up to 1,440ppm Co4. QUOTE This is from release on 5/8/21 obviously in the right spot next door. Just a guide but could be of value IMO.
COB Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
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