Taken from the news release above. :mad: "Records of historical...

Taken from the news release above.

"Records of historical mining at the Highline claim group between 1917 and 1921 show cobalt being produced at extraordinary grades of up to 12.45% whilst copper was being churned out at an average grade of 35%".

And if U take a gander at the graph below, Cobalt is profitable at grades of 0.1-0.4% to 0.05-0.15% and of course above..............Like the Highline Mine. WAY ABOVE!


Right now we needs some facts about what is presently the "REAL DEAL" in the Highline Mine. The concentrations of Cobalt that are stated in the article above are considered to be high grade. Very High Grade! If and only if, the Cobalt is really in the percentages listed, DLC (DELECTA LIMITED) has every reason to be excited. Very Excited! And as for investors, perhaps we should just wait and see what the new DLC explorations bring for results. This could be a "BUST" or a "Ball Buster Stock" depending on your entry level price.

Cobalt minerals occur in concentrations high enough to support economic extraction in several diverse settings, all of which display very different examples of mineralisation.
Deposits

Economic concentrations of cobalt can be found in four different geological settings, outlined in Table 2. Cobalt is almost always a by- or co-product of mining for other base metals, chiefly nickel and copper. Large quantities of cobalt also occur on the sea floor, contained within manganese nodules and cobalt-rich crusts, although they are not economically viable with current technology and economic conditions.

Click on the deposit type below for further detail.

	{caption}
1	Summary of main cobalt deposit types
2	{/caption}
3	Deposit type	Genetic process of formation	Typical economic grades	Major examples
4	Sediment hosted	Diagenetic processes in near-shore or saline lagoon environment convert sea water sulphates to sulphides and concentrate metallic elements sourced from sediments.	0.1-0.4%	Tenke Fungurume, Democratic Republic of Congo; Mt Isa, Australia
5	Hydrothermal and volcanogenic	Precipitation of minerals from hydrothermal fluids passing through the host rock.	0.1%	Bou Azzer, Morroco; Keretti, Finland
6	Magmatic sulphide	An immiscible liquid sulphide phase is concentrated in magmas. This phase preferentially collects and concentrates metallic elements such as cobalt.	0.1%	Norilsk, Russia; Sudbury, Ontario, Canada; Kambalda, Australia
7	Laterite	Tropical weathering causes the breakdown of cobalt silicates and sulphides in ultramafic bodies causing cobalt to become enriched in residual weathered rocks.	0.05-0.15%	Koniambo Massif, New Caledonia
8	Manganese nodules and cobalt-rich crusts	Ferromanganese oxide concretions on the sea floor become enriched in cobalt by extraction from sea water and pore fluids from muds.	Up to 2.5%	None currently economic

Table 2 Summary of main cobalt deposit types.

DISCLAIMER: I own DLC and am therefore biased on this stock. Positively Biased!