High Priority Cobalt Targets Northern Cobalt Limited (ASX: N27) is pleased to announce it has commenced drilling of 21 high priority drill targets generated from its recently completed shallow aircore drilling program. These high priority drill targets have been generated from a systematic, shallow drilling program, of 973 aircore drill holes, testing for anomalous cobalt near surface over magnetic lows. Of the 75 magnetic features tested, 21 have significant cobalt anomalism (>100 ppm Co) in the equivalent horizon to that exposed at the surface of the Stanton Cobalt Deposit. This horizon has an average of 147 ppm Co directly over the resource (in lag sampling) (refer ASX announcement 7th August 2018).
except of hole 18RAB015 (792783, 8144595 ) in 8m, which found 162 ppm, non of those holes couldn't meet the average of 147ppm. WE LOOK Forward to find something like Stanton
It looks 50ma is a huge resistance and bell potter holders wanna melt her shares in down of 50MA.
RML Price at posting:
15.5¢ Sentiment: Sell Disclosure: Held
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