Proactive Investors - Run By Investors For Investors

European Cobalt receives multiple cobalt-nickel assays from Slovakian project

Drilling has confirmed the presence of both massive and disseminated cobalt-nickel sulphide mineralisation extending up and down dip.
Map of project in Slovakia
The company’s focus is the Dobsina Cobalt-Nickel Project in central Slovakia

European Cobalt Ltd (ASX:EUC) has received multiple cobalt-nickel assays from underground diamond drilling at its Dobsina Cobalt-Nickel Project in Slovakia.

Underground drilling within the Joremeny adit has been completed using hand-portable diamond drills and ONRAM1000 diamond drill rigs at a space of 10 to 25 metres along strike.

Best intercepts include 0.75 metres at 2.64% copper and 3.59% nickel from 12.45 metres including 0.3 metres at 5.19% copper and 7.62% nickel.

The results will be used to refine the exploration targeting model and better understand the controls of the mineralisation.



Presence of cobalt and nickel mineralisation

European Cobalt managing director Rob Jewson said: “The drilling completed has confirmed the presence of cobalt and nickel mineralisation both up dip and down dip of the Joremeny Adit.

“The exploration targeting model is being refined based on the results and drill logging completed to date.

“From the mapping and channel sampling, it appears that the mineralisation increases in thickness towards the eastern extent of Joremeny Adit with drilling underway to test the mineralisation both up and down dip within the eastern extent.”

Drilling targeting extensions

Drilling is progressing from west to east within the adit and is targeting extensions identified from mapping and channel sampling to determine the extent, geometry and grade of the mineralisation.

- Jessica Cummins 

View full EUC profile View Profile

European Cobalt Ltd Timeline

Related Articles

Supersaturated brine flows from the Long Canyon No 2 well to the cuttings pit
April 16 2019
The company has a $1.65 million commitment from a strategic investor and is rattling the tin for a further $1.35 million.
Blackrock gold mine
December 06 2018
The high-grade gold and silver project in north-central Nevada is adjacent to Hecla's Hollister Mine
November 28 2018
The junior miner is acquiring the Hautalampi nickel-copper-cobalt deposit in the historic Outokumpu mining camp of eastern Finland

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use