Ann: New Copper-Cobalt Drill Targets Defined at Emmie Bluff, page-4

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veeone

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05/07/23

13:57

Post #: 68633603
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Originally posted by nevchev: ↑

Highlights
• Progress made in geophysical targeting work aimed at unlocking the full potential of the Elizabeth Creek Copper
Project in South Australia.
• IOCG drill target generation and refinement exercise advancing on time and on budget, with final results expected to
confirm high-value targets for IOCG mineralisation.
• New copper-cobalt targets confirmed adjacent to the Emmie Bluff copper-cobalt deposit, which was subject to a
recent positive Scoping Study. These targets offer significant scale upside to the existing project.
• Major targeting exercise expected to commence next week over a lateral area of nearly 7km to the east of Emmie
Bluff targeting extensions and repeats of copper-cobalt mineralisation.
• Scoping study for the copper-cobalt mineralisation at Elizabeth Creek released in March 20231 demonstrated robust
go-forward economics for the project. The Company is progressing PFS and exploration in tandem.

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Cash burn is very high and wont be long and they will have their hands out once again either late this year or early 2024.

COD Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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Ann: New Copper-Cobalt Drill Targets Defined at Emmie Bluff, page-4

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