Ann: Acquisition of Cobalt-Copper Project, page-25

The Highline project boasts previous production results of up to 12.45% cobalt, along with copper at average grades of around 35% which are extremely encouraging. Consider that in Australia cobalt grades of up to 3%, can grab the market’s attention as was the case for Northern Cobalt (ASX:N27) last November which saw its share price surge 41%. Alloy Resources (ASX:AYR) also saw its shares surge in February last year after reporting sub-1% cobalt grades.