Downhole EM (electromagnetics) has been used by First Cobalt to help delineate vein locations..this method is usually good for 100 meters (horizontal) which is what it appears is the spacing FCC has drilled..
The main problem with thinly veined mineralisation is that to get all the cobalt/silver you need to open pit everything and there will be a huge waste/ore ratio which greatly increases Opex...
FCC Price at posting:
85.0¢ Sentiment: Hold Disclosure: Not Held
