CLY 0.00% 0.0¢ clancy exploration limited

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  1. 179 Posts.
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    Yeh, don't forget silver,gold,copper, reported to be 50 deposits mined in the area extracting over 100,000 tonnes cobalt historically.
    (todays cobalt price- $US70,000/t). From announcement 10/04/18 below.

    The adjacent Bou Azzer in Morocco has Co-Ni Arsenide deposits with Au & Ag and is currently one of the world’s only operating primary cobalt mines: • More than 50 deposits in the district, mined over 75 years with production of over 100kt of cobalt, 1,000’s of tonnes of silver and tens of tonnes of gold; • Current production of ~2ktpa of cobalt at an estimated head grade of 1.3% cobalt and up to ~3-4 g/t gold, total current resources and reserves of 17,800 tonnes of cobalt.1
 
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