Drill bits dont lie Tyson.... People are quick to play down COB by stating poor grades but the drill bits have simply hit some massive grades too which are definately equally as good if not better than what others are hitting in Australia....!!
17THR008 (Railway)
41 metres at 1319ppm cobalt 12.2 per cent sulphur and 11.2 per cent iron from 37m;
17THR011 (Railway)
53m at 1116ppm cobalt, 12 per cent sulphur & 10.9 per cent iron from 30m;
17THR017 (Pyrite Hill)
58m at 1383ppm cobalt, 13.2 per cent sulphur & 12.8 per cent iron from 54m, including 29m at 2042ppm cobalt, 18.3 per cent sulphur & 15.8 per cent iron from 56m; and
17THR013 (Big Hill)
54m at 888ppm cobalt, 5.4 per cent sulphur & 5 per cent iron from 19m, including 10m at 2576ppm cobalt, 8.8 per cent sulphur & 7.7 per cent iron from 19m.
All of the above hits are from at most 54metres below surface...These grades at shallow depths are what dreams are made of and just the start of a much much bigger resource which is open at depth..! We still have 4kms of known strike zones yet to be drilled not to mention further tenements yet to be Granted..!
Cobalt Blue Holdings is a 'World Class Pure Cobalt Resource' in the making....
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Drill bits dont lie Tyson.... People are quick to play down COB...
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