Cheap cobalt exposure, page-7

To add to the post's above, CAV's announcement confirms that the Ni Co mineralisation is believed to sit above an ultramafic bedrock zone. CAV have expressed interest in drilling the southern target area as a priority.

Reviewing their map, once again we can see that not only does the ultramafic appear to be trend into our tenement (to join the CAV southern zone), but the historical drill results confirm that it does contain Ni Co mineralisation.





Now lets talk upside.....As you can see from the below the 'red zone' was initially thought to be the area of interest hence the focused aircore drilling within its boundary. However KURA50 changed that showing that mineralisation clearly is wider spread into the 'green zone'. Given this I've drawn a boundary around what the upside potential is in this area alone.




Superimposed on the CAV map (excuse this poor drawing) gives an idea of the scale we are looking at here for potential upside, remembering that Grey Dam has a 14.5Mt @0.70% Ni and 0.046 % Co (so far).