Stock of 2018, page-6

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wombat777

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10/12/17

23:36

Post #: 29522258
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Originally posted by Megagene79 ↑

Some public info that illustrates the serious potential the Alaska project contains in particular the Chip Loy project can be seen in the below report from 1987. Considering the change in the global use of cobalt since this report and the mind boggles at the potential that QUR offers over its Alaskan farm in JV. Below are 2 paragraphs that highlight the cobalt potential of the Chip Loy prospect.

http://dggs.alaska.gov/webpubs/usbm/fr/text/fr_mcgrath_critmin_1987_southworth.pdf

CONCLUSIONS AND RECOMMENDATIONS
Among the prospects and mineral occurrences examined during this
investigation, the Chip Loy prospect has the best potential for
containing significant strategic and critical mineral reserves. Based
on the potential size of the Chip Loy prospect, as determined by Smith
and Albanese (1985), and the range of cobalt grades that might be
encountered, as estimated in this report, from 100 thousand to 4
million lb of cobalt may be present there. Uncertainties exist,

Although cobalt was reported by Smith and Albanese (1985) at several
of the sulfide mineral occurrences and prospects in the area, only the
Chip Loy prospect appears to constitute a significant cobalt resource.
It is recommended that any efforts in the area by the Bureau be
concentrated on evaluation of the Chip Loy prospect and that this
evaluation be funded and conducted at a level equal or greater to that
typically done by AFOC in the last several years.

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Agree. It’s worth reading some of the detailed references in the following announcement. See Appendix for some web links to various reports:

https://newswire.iguana2.com/af5f4d...2694/QUR_Announcement_3A482694.pdf?download=1

QUR Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Stock of 2018, page-6

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