QUARTERLY ACTIVITIES REPORT FOR THREE MONTHS ENDED 31 MARCH 2018
Step out drilling at Stanton cobalt resource confirms mineralisation open to south- east and north-west
Highlights include
- 19 metres at 0.29% cobalt (Co) on southern extension to Stanton Resource
- Including 1 metre @ 1.31% Co
- 5 metres a 0.19% Co
- 2 metres at 0.19% Co
N27’s Wollogorang Cobalt Project is a sediment hosted cobalt mineralisation system which has potential for low CAPEX and OPEX options due to:
- Non-refractory mineralisation (predominantly siegenite - a cobalt sulphide mineral)
- Cobalt dominant mineralisation occurs from surface
- Flat lying sediment hosted mineralisation - likely suitable for open pit operations
