Ann: Trading Halt, page-18

unsinkable,

Firstly they are twinning 4 historical drill holes at Kamilombe, with outstanding Cobalt grades and widths! Almost impossible for the results to be mediocre unless Gecamines fudged the initial assay results.

These are the historical drill results for just the first hole completed so far that we are currently awaiting Niton results for. (Niton results will actually be about 10% lower than actual assay grades from labs).

19.5m at 1% Co from 34.6m (*RSC)
5.1m at 1.5% Co from 54.1m (*RSF)
26.5m at 2% Co and 1% Cu from 78.1m (*Lilac RAT)
3m at 3% Co and 4% Cu from 209.6m (*SDB)
32.2m at 3% Co and 0.5% Cu from 215.9m (*RSC)

These are the some of the other historical drill results:

o 26.5m @ 2% Co and 1% Cu from 78.1m
&32.2m @ 3% Co and 0.5% Cu from 209.6m;
o 33.6m @ 2% Co from 77.93m;
o 46.8m @ 2% Co from 7m.

The 2nd drill rig that now on site and drill testing at Mwilu tenement for shallow high grade Cobalt to see if it's commercially viable for sale scale shallow artisan mining operation.

"At Mwilu, a diamond drill fence will test the underlying mineralisation over a width of 1,500m down to a maximum depth of 350m. Additional shallow holes will be drilled to confirm the grade and metallurgy of near surface mineralisation for potential, small scale, early production."

There are no records of historic drilling at Mwilu, however, recent channel sample results shown in Annexure 1 – Table 1 included:

•   0.7m at 16.2% Co (northern exposure)
•   1m at 3.89% Co (southern exposure)
•   2m at 4.81% Co (southern exposure)

Due diligence isn't expected to be completed until the 1st of September 2018 on most of the 7 tenements so i don't expect any major decisions to be made until that time. It's a bit early to speculate any which way until due diligence is completed.

Announcement will be out tomorrow and all will be revealed why they went early on the CR and at what price.