Good Ann today from RIR who are next to our Kyarra project in the Yerrida Basin Cobalt District.
Our granting of tenement very close (as Ann) and RIR shoulod run really hard with success here. Worth reading their Ann to get a feel for what this really means. Note that their mineralisation runs into Metaliciy Kyarra East Tenement.
From recent MCT Ann - note landholding and the extensiveness of the potential here.....
*Extensive cobalt anomalies identified over a 25km strike at the Kyarra Cobalt Project
*Significant surface samples up to 6,400ppm cobalt and anomalous drill intersections including 2m at 612ppm
*Large land holding of 645km2 of tenements covering a significant portion of the Yerrida Basin
*Analogous mineralisation model to the Zambian Copper belt
*Desktop and field work accelerated with drilling planned for March Quarter upon grant of the tenements
MCT Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
