Located within the Salobo West 1 tenement, the Serendipidade Prospect in the north east has, amongst others, a strong geochemical signature for cobalt, very likely sulphide. Not a bad fall back if grades don't measure up at Itapitanga. Also compare the signatures from Vales active mine to Seren's.... fairly encouraging.
"The database includes near‐surface drill intersections with significant cobalt and copper values such as 4m @ 0.16% cobalt and 0.94% copper from 13m and 10m @ 0.09% cobalt and 0.14%copper from 18m."
"The Serendipidade Prospect is consistent with a copper‐cobalt rich sedimentary‐style mineralisation model. The main targets are N‐NNE structures that are interpreted to represent the plumbing system for the metal‐rich fluids and have the potential to host semi‐massive and
massive sulphide mineralisation."
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