After doing a bit of snooping around and comparing on the net, it looks like CLA would have to be our best peer comparison. I'm not 100% though if our Werner Lake cobalt project is a sulphide project, but assuming it is ive found a bubble chart that would show how we shape up next to our peers.
Wouldn't mind if i could get some feed back on this as cobalt is not my strong field and this just seems to bloody good to be true at 6mil MC as long as we dont get diluted down to the sheet house which i dont think we will coz GTT are major shareholders here to so our interest and theirs are aligned.
Also at the bottom is a link to a video of Brendan Borg speaking at the low emissions and technolodgy minerals conference about CLA and it seems we are more advanced then CLA and we tick all the box's that BB speaks about in his presentation about what he looks for in a cobalt project, ie ammenable to simple recovery methods with high recovery rates and low arsenic.
A 25 tonne bulk sample was excavated from the Minesite area and submitted to Lakefield Research for analysis and hydrometallurgical testwork. Canmine reported
“ With a high-temperature pressure leach, Lakefield Research Limited extracted greater than 99% of the cobalt into a liquor, which was treated to precipitate cobalt carbonate assaying 35% cobalt with little (0.03%) arsenic and nonhazardous process solid residues ”
Metallurgical studies have shown that excellent cobalt recoveries can be yielded from a standard flotation mill process followed by a low-pressure oxidative hydrometallurgical leach (net recovery 88%), to produce a cobalt carbonate end product .
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Am i seeing stars here or is this how we shape up on this chart? Would love some input from anyone thats got a clue about Cobalt lol
