Shallow is helpful. The drill hole highlights look a very thin case to me. We'll see what they come up with.
The Jorc statement sections contains a lot of background information worth reading. I pulled a bit below from the work of Squadron.
Seeing the polymetallic profile (albeit low grade) from the drill hole highlights in conjunction with the Squadron comments, I wonder if they might be better off ditching the cobalt idea and talking to Impact Minerals (IPL) about their model targeting Ni-Cu-PGEs and IOCG in the Broken Hill area. IPL have built a new model and techniques that are leading them to good targets in alkaline rocks, the alkalinity being the problem that deterred Squadron and others, per snip at bottom. Our geos don't seem keen on doing proper real exploration though and the comments in the announcement indicate this is all about trying to get a fast result to juice things up.
https://www.impactminerals.com.au/site/projects/broken-hill-project-nsw
Drill hole highlights:
Snippet from the Jorc section re Squadron:
Ann: Shallow Cobalt Mineralisation Identified at BHA Project, page-2
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