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Ann: New Cobalt Prospect at Greenvale-High Cobalt in Soil Values, page-10

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    Managing Director, Peter Hwang commented “The new Lucky Creek Prospect with its anomalous nickel and cobalt, adds another dimension to the already prolific Greenvale Project: one that we are eager to pursue with a maiden drilling program early next year. With the SCONI scandium-cobaltnickel project and the Greenvale Nickel-Cobalt Mine located only about 12 kilometres away, we were not surprised to have identified high cobalt-in-soil values that clearly delineate a cobalt-nickel-copper target. The potential of the Greenvale Project continues to expand and excite with other recently reported deposits such as the Cockie Creek porphyry copper-gold prospect located 3 kilometres to the west, Steam Engine Gold Deposit 10 kilometres to the south west and the Bottletree Prospect 15 kilometres to the south west.

    ...and....

    Significant cobalt mineralisation is often associated with copper. Any cobalt mineralisation within our current Greenvale prospects has the potential to substantially increase the Greenvale Project’s value proposition. Whilst our current exploration work at the Greenvale Project will continue with vigour into phase 2 programs, we will also seek to capitalise on the cobalt potential that the region presents.”
 
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