COBALT MINERAL RESOURCE MODELLING WELL ADVANCED AT OPUWO
HIGHLIGHTS
Results from final 4 holes drilled in 2017 received, with results including: o 4.82 m @ 0.14% Co and 0.38% Cu
o 3.43 m @ 0.15% Co and 0.65% Cu
o 3.15 m @ 0.13% Co and 0.43% Cu, AND 2.22 m @ 0.12% Co and 0.99% Cu, AND
2.92 m @ 0.14% Co and 0.38% Cu o 4 m @ 0.10% Co and 0.41% Cu
Notably, drill hole DOFD0114 intersected three mineralised cobalt-copper-zinc zones, with an additional zone of copper-zinc only mineralisation.
Samples from a further 13 holes from recent resource extension drilling, all of which intersected the mineralised horizon, to be dispatched for analysis this week.
Resource modelling and estimation is well advanced, with reporting of maiden Mineral Resource expected in late March.
Celsius Resources Limited (“Celsius” or “the Company”) is pleased to provide an update on exploration results at its 95% owned Opuwo Cobalt Project (“Project”) in Namibia.
The latest results include further confirmation of deep down-dip continuation to the mineralisation, with drillhole DOFD0114 intersecting four zones of mineralisation, including three typical DOF style cobalt-copper-zinc mineralisation zones, and an additional zone containing only copper and zinc.
All data has now been provided to independent resource modelling and estimation consultants, with modelling of the mineralisation progressing rapidly and reporting to the Company expected in late March.
Quelle: hotcopper.com.au/...LKhOROKAxjvTDYC5Au6yRWZo%2Ft4ke92GA%3D%3D