This first drill hole assays results are due next week according to Mark Gasson. In his email he stated due within 10 days. He also stated the true widths for the drilling should be close to historical vertical drill results! Theres a massive 86m of high grade Cobalt contained in that one drill hole.
If the assay results replicate the Historical assay results the share will go ballistic. MC is totally under valued....
KMDD001 was designed to twin KCC/Gecamines diamond hole KBGU18 and was drilled down to 264m. An excellent correlation exists between stratigraphic sequences comprising the Mines R2 Series in both drill holes.
Two main zones were reported in KBGU18. These included:-
19.5m at 1% Co from 34.6m (*RSC)
5.1m at 1.5% Co from 54.1m (*RSF)
26.5m at 2% Co and 1% Cu from 78.1m (*Lilac RAT)
3m at 3% Co and 4% Cu from 209.6m (*SDB)
32.2m at 3% Co and 0.5% Cu from 215.9m (*RSC)
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What would 78mt at 2% Copper and 0.6% cobalt be worth?, page-87
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