PIO need to provide shareholders with a more detailed outline of the cobalt mineralisation, rather then a big map with tiny dots! Each of these prospects could all be a open pit in there own right... 600-1500m strike lengths.
The Rocket Prospect has returned the highest grade, up to 1.60% Co in GRRC37, and thickest intersection (GRRC34: 31m at 0.15% Co from 43m) of this programme. Drilling at the Rocket Prospect was designed to follow up an earlier diamond drill hole, BLD057: 12m at 0.27% Co from 106m, which demonstrated that mineralisation under certain circumstances, can extend to depth.
• Leo’s Dam is sparsely drilled and is adjacent to the ultramafic basal contact. Widely spaced drill traverses, predominantly completed by Pioneer, have returned lateritic cobalt in the laterite over a strike length of 1.5 km, and GRRC27: 22m at 0.18% Co from 38m is one of the better results from the 2017 drilling programme.
• Anomaly 13 is less well defined by earlier drilling, but is over 600m long and open to extensions in both north and south directions. Results from the 2017 RC drilling indicate the potential for higher grades than the adjacent Anomaly 14.
• Anomaly 14 is the prospect best defined by shallow aircore and RAB drilling. The prospect is over 600m long with multiple mineralised trends apparent, which are open for extensions in both north and south directions.
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