Cobalt Resource (JORC): 17.6Mt @ 0.12% Co, 310ppm Sc (0.08% Co...

Cobalt Resource (JORC): 17.6Mt @ 0.12% Co, 310ppm Sc (0.08% Co cut-off)

To date the Cobalt tonnage defined has been as lessor priority to Scandium resource definition.  PGM are about to start 2 mill buck drilling program to target the Cobalt rich areas in the Dunites similar to CLQ's Syerston next door which is about 6 imes the above known figure to date at similar grades 0.12%.   These Dunites naturally also contain Nickel as they do at Syerston and probably in the same ratio as they probably originate from same primary source.

This new focus on Cobalt resource definition should upgrade current known resource by multiples you would think.

PGM Owendale has been past described as CLQ Syerston's twin, 7 km down the road.  it has been proven a twin in Scandium.  Now hopefully it will be soon proven a twin in Cobalt.  Grades are the same to date, and suspect PGM's current resource size will be proven as mukltiples higher

PGM sits at about one -twentieth that of CLQ.

PGM ALSO HAS AT SKAERGAARD, the largest undeveloped resource of Palladium in the world and one world's largest Gold resources too.  Both Palladium and Gold are now in serious uptrends which hopefully will accelerate on more drivers than general resources boom leg currently confirming.  Skaergaard also has massive amounts of Vanadium, Titanium and other goodies like Gallium and Silver, and is waiting for some SMARTIE to decide to run with it in a better jurisdiction than the ASX.

Skaergaard's inventory of precious metals and these other goodies is likely to prove multiples that of CLQ's and other aspirants IGV of Cobalt Nickel and Scandium

NOW GET YOUR ACT TOGETHER AND SPELL OUT THESE FACTS THESE TO ATTRACT THE APPROPRIATE PLAYERS TO PROPERLY VALUE THEM.

PGM should be at higher market cap than CLQ noy at one-tentieth.   

Watch this space .........

OWEP