Hoping we also get another drilling progress report update from the Mwilu tenement with the Niton results later this week.
I'm very excited about the prospect of moving to shallow high grade Artisanal Cobalt mining.
"Assay results up to 16% cobalt from artisanal pits and trenches.
Mwilu covers 3.36km2 within the Kolwezi “Klippe” (Figure 2) which hosts a number of the largest known cobalt and copper mines and borders the city of Kolwezi to the north. The area is currently being mined at shallow levels by artisanal miners who are providing cobalt ore to the Consortium, the sale of which is used to fund ongoing development projects in the Lualaba Province. The Company is in discussions with the vendors of Mwilu for possible early stage production at shallow levels on the two projects."
- Mwilu Project covers an area of 3.36km2 that contains zones of the Roan stratigraphy
- Artisanal mining is active within the project area with high-grade Cobalt mineralisation being extracted
- Initial reconnaissance sampling by Taruga has returned assay results up to 16% Co from artisanal pits and trenches
- Field mapping indicates that the Roan stratigraphy is present through the project area
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- What would 78mt at 2% Copper and 0.6% cobalt be worth?
Hoping we also get another drilling progress report update from...
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