Ann: Mineralised Zone Extended to 11 km at Opuwo Cobalt Project, page-7

The results look to be in line with those previous on the whole, confirming Co/Cu throughout is definitely a major positive, making a 20+ Mt resource a bit more likely.

The 0.20% Co hit is very good and with further drilling in that area, may uncover a significant higher grade zone. The rest of the results were a little underwhelming compared to previous, but I think they are still very profitable at today's prices though (especially with this type of mineralisation). Obviously higher graded zones if found would be targeted/used for mining/feasibility numbers and these lower grade zones would have little impact on NPV, simply allowing for a longer mine life if prices are at profitable levels.

The western area currently being drilled is what I am excited and anxiously waiting for. There are more holes planned much closer together compared to those we already have results from. Borg (MD/Geo) probably has high hopes for this area and hopefully the rock chip samples that had high grades of Cobalt at the surface here correlate into some 0.20%+ grades.