Large targets identified along trend from Big Hill cobalt deposit

6 December 2011

  • Large and strong anomalies have been defined by induced polarisation (IP) geophysics extending over 4km.
  • Anomalies are considerably more pronounced than IP anomalies at the nearby Pyrite Hill and Big Hill cobalt deposits.
  • One substantial, complex and highly conductive anomaly has potential for a very large, near-surface cobalt deposit and is a high priority untested target.
  • One near-surface anomaly has very high chargeability, is 1km in length and is an excellent massive sulphide drill target. Possible shallow extensions of the Big Hill resource have been indicated.
  • Drilling follow-up is planned in early 2012.

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