QUARTERLY ACTIVITIES AND CASHFLOW REPORT (31 MARCH 2019)

N27 IC ASX CHIPTRAY

 

Executive Summary

Northern Cobalt has repositioned the company by

  • Pegging of the Snettisham Project (southern Alaska), low cost entry to known project
    • Historic exploration highlights potential for gold, vanadium and iron ore.
    • The Snettisham project is located in the 7 Moz Juneau Gold Belt of SE Alaska, with associated mining services available in the area and is accessible all year round.
    • During the last quarter N27 completed a detailed magnetic survey to define drill targets, testing proposed for Q2 2019.

 

  • Exploration at the Wollogorang Project (Northern Territory) to focus on the promising copper hits.

 

  • Identification and appraisal of new projects continuing with several new opportunities presented.

  

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