Mutooroo Cobalt District, page-58

While we all wait for the COB testing results to be published, you might want to review this Mutooroo Copper Deposit (Geology, Alteration and Petrogenesis) slideshow from a few years back. It was presented by Graham Teale and Andy Price, and is still relevant:

https://www.yumpu.com/en/document/v...per-deposit-geology-alteration-sa-explorers/1

Page 16 of that presentation has a cross-section showing the Cu and Co ore zones that I do not remember previously seeing. It shows cobalt grades of 2,400 ppm (0.24%), 2,600 ppm (0.26%) and 3,000 ppm (0.30%) over quite long intervals just 30-50 metres from the surface.


As a reminder, at Havilah Resource Limited’s 100% owned Mutooroo copper-cobalt-gold project the JORC resource grades are: 1.48% copper; 1,400 ppm (0.14%) cobalt; 0.11 g/t gold; plus appreciable sulphur.

Cobaltian pyrite will be a by-product after the grinding/ flotation process at Mutooroo, effectively costing peanuts to mine cobalt.

In comparison, Cobalt Blue Holdings Limited’s Thackaringa cobalt project JORC resource grades are: 852 ppm (0.0852%) cobalt plus appreciable sulphur. No copper or gold JORC resource.

Cheers

These are only my random (Tuesday) 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