Short Term Trading Week Starting: 2nd July, page-20

STTCOMP CTM, FA Long
CENTAURUS METALS LTD
MC $23 mill
SP 1c

My largest holding and most promising junior explorer. CTM currently has drilling programs underway at their Itapitanga nickel-cobalt project in Brazil - right next to Vale's mine. I've tipped them so many times that I'm not going to run through all the details again, other than to say new drill results published today have further confirmed the nickel-cobalt resource that aeromagnetic images had suggested.

Here are some highlights:

 Drilling at Centaurus’ Itapitanga nickel‐cobalt discovery in northern Brazil has intersected more highgrade

nickel‐cobalt mineralisation from surface. The latest results include:
 30.0m @ 0.92% nickel and 0.02% cobalt from 10.0m in ITAP‐RC‐18‐042;
 10.0m @ 1.03% nickel and 0.21% cobalt from surface in ITAP‐RC‐18‐025;
 19.0m @ 1.04% nickel and 0.07% cobalt from surface in ITAP‐RC‐18‐046;
 14.0m @ 0.73% nickel and 0.09% cobalt from 1.0m in ITAP‐RC‐18‐026;
 11.0m @ 1.05% nickel and 0.04% cobalt from 3.0m in ITAP‐RC‐18‐043; and
 10.0m @ 0.98% nickel and 0.04% cobalt from surface in ITAP‐RC‐18‐036.
 The new results are consistent with previously released results (see ASX Release of 29 May 2018) from
the Northern Target which included:
 24.0m @ 0.94% nickel and 0.08% cobalt from surface in ITAP‐RC‐18‐006;
 18.0m @ 1.05% nickel and 0.11% cobalt from surface in ITAP‐RC‐18‐004;
 14.0m @ 1.73% nickel and 0.05% cobalt from 4.0m in ITAP‐RC‐18‐011;
 13.0m @ 1.08% nickel and 0.17% cobalt from 2.0m in ITAP‐RC‐18‐001; and
 12.0m @ 0.94% nickel and 0.19% cobalt from 2.0m in ITAP‐RC‐18‐002.