The McAra target area is the Company’s most advanced target to date with more than 5,000 metres of completed drilling, supporting a Mineral Resource estimate of 72,000 tonnes at 1.27% cobalt in the Indicated Mineral Resource category and 26,000 tonnes at 0.81% cobalt in the Inferred Mineral Resource category, containing over 2 million lbs and 0.46 million lbs of cobalt in each category respectively.
Page 8 of the Prospectus which is available here: https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00045432
How miners grade mineral discoveries, page-8
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