MQR picked up a cracker advanced cobalt protfolio with 3 assets.
One of them next to MEI and the other is the most advanced, near-term production primary cobalt mine project in Canada with....
- 40,000+ m of diamond drilling previously completed
- Indicated Mineral Resource of 79,400 Tonnes at 0.43% Co (Check chart below to see where that shapes up in peer comparison comapared to the rest of the Cobalt-Copper sulphide projects on the market)
- PFS study completed on it
- Historically mined for grades at 2.2% Co
- Recent diamond drilling program returned assays of 12.3m @ 1.21% Co and 0.9m @ 12.48% Co
- Minerlasied zones remain open in all directions
The other project surrounds MEI's recent tennament they aquired, and that was sold to them by Rocco Tassone which is the vendor of MQR's projects and a substantial holder of MQR. not to mention all his GTT connections, so you would think he would keep the best ground for himself
Sub holder is exiting atm and killing the move, but makes for a good entry. Fundamentally looks like one of the stronger Cobalt vends in the market. Same vendors as TAW, CO1/FCC and LSN... join the dots...
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MQR picked up a cracker advanced cobalt protfolio with 3 assets....
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