GTE 0.00% 2.8¢ great western exploration limited.

Ann: Chisel Prospectivity Enhanced Following Gravity Survey, page-26

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  1. 742 Posts.
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    Hey dudes, just saw this on another forum which referred to a very recent MCT (never held them) ann (below).

    I've seen some good nearology mapping on the GTE threads before. I'm knackered so not gonna try looking tonight but it might be interesting to see how close they are to us.

    Metalicity makes significant cobalt discovery in WA Significant cobalt discovery in the Yerrida basin, WA, where the company is exploring for sedimentary-type cobalt deposits The MCT exploration team has unearthed results from geological structures similar to the prolific Central African copper-cobalt belt, where half of the world’s cobalt is produced. A successful 1,800 metre drill program returned cobalt anomalies in each of the assays across the 7km2 target area. Intersections including a 8-12m thick zone of mineralisation interpreted to sit above the source of cobalt mineralisation in “red beds” Surface sampling produced excellent results in line with historical records, which include ~6,400 ppm Co Metalicity owns 100% of three tenements within the Yerrida basin, putting the company in a strong position “Applying the prolific Central African Copperbelt exploration model, drilling continues to provide a body of evidence that this model is stacking up well. “Drilling intersected anomalous cobalt in every hole and identified an 8-12m thick zone of mineralisation that may sit above the source of cobalt mineralisation in the targeted “red beds”, which the company will target in the next phase of exploration,”
    Last edited by CashFromChaos: 16/11/17
 
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