Mar 21, 2019

Drilling commences at Mt Cobalt project

Drilling commences at Mt Cobalt project

Battery metals exploration in southern Queensland is starting in earnest with Aus Tin Mining Limited advising the ASX that it has commenced a drill program at its Mt Cobalt project at Kilkivan.

The Company is actively exploring for cobalt west of Gympie. Recent drilling has returned high grades for an enriched cobalt‐manganese oxide zone.

They were exploring an approximately 4km arc along the contact with the Black Snake Porphyry which is prospective for cobalt, nickel, copper and gold, company secretary Karl Schlobohm said in the statement.

“The Company plans to drill a series of shallow diamond drill holes targeting shear zones that have previously been found to host high cobalt grade asbolite mineralisation,” Mr Schlobohm said.”

“The holes will target two areas west and north of the last program of drilling which was completed at Mt Cobalt in January 2018.”

The Company has now received all geological, assay and petrographic data for the Pembroke drill program completed in January 2019 and the data is in the process of being compiled and analysed in the context of the company’s historical results and its geological modelling, Mr Schlobolm said.

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