Cunico’s Mt. Thirsty project their 2004 JORC reported Indicated Resources of 16.6 million tonnes at 0.14% Cobalt, 0.60% Nickel and 0.98% Manganese and Inferred Resources of 15.3 million tonnes at 0.11% Cobalt, 0.51% Nickel and 0.73% Manganese.
Currently, the Cnj/ Bar 50/ 50% JV continues to work on progressing the Mt Thirsty Co/Ni/Mn project.
Pioneer's project is immediately south of the Mt Thirsty
Pioneer holds a 100% interest in the project.
CNJ and BAR have both risen over 100% in a few weeks on their cobalt assets
PIO Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held