Copper/Cobalt...Don't forget this also

The potential of Lumwana West is also pretty exciting with Copper and especially Cobalt two of the hottest commodities going around. Would love to see this back on the agenda and look forward to the upcoming cobalt drilling campaign. I hope they spruke the hell out of this because it could be huge:

Revised Exploration Target The estimation of an Exploration Target including cobalt as well as copper was commissioned by Argonaut. The revised Exploration Target is: Table 2: Nyungu March 2017 Exploration Target. Commodity Tonnage Range (Mt) Grade Range (%) Contained Metal Range (kt) Copper* 130 to 180 0.45 to 0.65 580 to 1,150 Cobalt^ 15 to 20 0.08 to 0.12 12 to 24. Argonaut is planning to undertake a drilling program targeting cobalt of at least 3,000 metres as soon as possible. Cobalt Drill Intercepts Cobalt mineralisation occurs as coherent lenses within the footwall of the copper sulphide mineralisation. Argonaut intercepted strong cobalt mineralisation from its first drill hole into the Nyungu deposit in 2011, NYU11RD001 (120m at 0.06% Co, including 26m at 0.13% Co). Cobalt is intercepted predictably between drill traverses in a zone at or below the base of significant copper mineralisation.

The opportunity exists to drill further and better cobalt intercepts and to increase the tonnage and grade of cobalt mineralisation. This is mainly because previous drilling specifically targeted copper mineralisation, not cobalt. Current cobalt prices have potential to transform the economics of the Nyungu deposit.