Finally a decent update, David sounded very excited on the phone Tuesday, no wonder why.
He did mention the geos were very excited about their cobalt target, so I now assume he means this one, and this must’ve been where the field work was happening because of the “walk up drill target” and starting in a few weeks.... didn’t see this coming though!
He also mentioned what makes their cobalt plays unique (and why the geos are so excited) is the cobalt/silver alignment. He said that most cobalt/copper and cobalt/nickel historical alignments were ok grades of cobalt. Cobalt/silver have been shown to have a better correlation and higher grades of cobalt. It’ll be good to see the results released next week, if we get some decent grades we will be back on track.
I’ve not looked into any cobalt/silver relationships, if anyone else has any thoughts on this it’d be appreciated if you could elaborate.
Looking forward to next few weeks of news to see how we go. I don’t mind we are acquiring land, so long as it’s good land at the right prize. From what I understand there’s enough cash on hand for 3 campaigns, so let’s get the drills turning!
MTC Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
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