The Monwezi 7 mine fragments series is a cobalt target. Looking...

The Monwezi 7 mine fragments series is a cobalt target.

Looking at the results to date and the 1x cross-section provided for only one of the mine fragments one can do a rough estimate.

Assume 80m strike along surface and average thickness of 15m and extension to depth of 75m.

80m x 15m x 75m x SG2.7 = 243 kt @ 0.25% Co = 607 t Co.

IGV ~ USD 48M @ USD80,000/tonne.

(above Cu estimate IGV ~ USD 191M @ USD3/pound)

So, worth digging up and adding to Kalongwe!