...Joyce is instead a large site play at low grades like the congo has...
The Congo has the highest grade Cobalt of any producer i.e. @ 0.50-0.58...and also has more tonnage than anywhere else..
The geology of Joyce River is different from the rest of the Cobalt Camp...Cobalt Camp is Co-Ag-As sulphide where Joyce River Co-Cu-Au sulphide...I would expect high grades from Joyce..
From MEI announcement of May 13:
"..Meteoric Resources MD, Dr. Andrew Tunks commented: Securing the Joyce River Cobalt Project adds another string to our bow; the project demonstrates real potential for significant tonnes of cobalt at high grades.."
Bold highlighting is by me...one can only hope the veining is much thicker than what most of the Cobalt Camp has shown..
MEI Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
