Ann: Mt Cobalt Drilling Update, page-11

in my opinion this is very good. we needed to confirm extensions to the old mine workings, and we just hit it out of the park. The intercepts are thick enough to suggest that this could be a goer and the grades are where we needed them to be. a few more drills and we'll have a better understanding of resource size and mapping, but ultimately this is HUGE news.

Confirmed cobalt in commercial grades with nickel and silver credit poterntial.

also note that we made great grades but some were lower due to the processing of sludge and the loss of finery... meaning expect higher grades when they get the right equipment out there.(sounds like its difficult gorund to work).