Ann: RIU Sydney Resources Round-Up Presentation - May 18, page-44

Hi Haplo,
Any specific reason you suspect the cobalt results will be a duster.

I don't disagree that low overall Co is a possibility since I previously posted that Au could be the main economic mineral at Sara Alicia with perhaps only locally significant cobalt.

Geochemical and magnetic surveys were announced subsequent to that post. These show Au/Co anomalies exist at surface along strike from existing drilling plus there is a strong mag anomaly that extends to the east and down dip.

Only drilling will confirm grades but the magnetic anomaly, in particular, suggests significant volumetric potential for any mineralisation in the eastern side of the claim block.

EM surveys would be useful IMO given that mineralisation appears related to massive/semi massive sulphides. Such a survey would probably be dependent on positive results from recent drilling.

A board shake-up could go either way IMO but the 10 year SP chart posted could definitely do with a sustained upward trend from some source.