"Mutooroo is only a 30 km step-out from Cobalt Blue’s Thackaringa Cobalt Project"
In case you missed it ... Alloy Resources Limited (ASX: AYR) released today 'Big New Cobalt Targets from Ophara Soil Sampling':
https://www.asx.com.au/asxpdf/20180403/pdf/43sxgbx59f0ynk.pdf
Located 10 kilometres to the south-west is the Mutooroo copper-cobalt-gold project owned by HAV, which AYR says has similar geology to the Ophara project.
HAV has the mineral tenements (EL 5703 and EL 5848) on the South Australia/NSW border to AYR.
AYR's cobalt and copper soil anomalies go right up to the Australia/NSW border in the Ophara project area.
If you review HAV's Mutooroo reports on SARIG, you can map the Silver City Suite-Mutooroo Granite Gneiss into the Ophara project area's cobalt soil anomalies.
Geology in HAV's mineral tenements at Mutooroo is dominated by outcrop or subcrop of quartzo-feldspathic gneiss, amphibolite and minor micaceous schist/ gneiss interpreted to be part of the Palaeo-Proterozoic Thackaringa Group in the Broken Hill/ Willyama Inlier.
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
HAV fanboy: still drinking the Kool-Aid![]()
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