The Conversation (0)
Centaurus Commences Major Nickel-Cobalt Drill Program
Apr. 30, 2018 11:17AM PST
Base Metals Investing Centaurus Metals has announced that it has started its maiden drilling program at the Itapitanga nickel‐cobalt project in northern Brazil.
Centaurus Metals (ASX:CTM) has announced that it has started its maiden drilling program at the Itapitanga nickel‐cobalt project in northern Brazil.
According to the press release the potential of the Itapitanga Project is highlighted by the neighbouring Jacaré deposit, one of the highest grade large‐tonnage nickel‐cobalt projects in the world, which is mineralized from surface down to an average depth of 50m.
As highlighted in the press release:
Drilling will test for deeper extensions of widespread high‐grade nickel‐cobalt mineralisation intersected in recent hand‐held auger drilling, which has returned assays to date including:
6.5m at 0.94 percent nickel and 0.20 percent cobalt
8.0m at 0.59 percent nickel and 0.16 percent cobalt
12.0m at 0.91 percent nickel and 0.13 percent cobalt
10.1m at 1.03 percent nickel and 0.12 percent cobalt
10.0m at 1.07 percent nickel and 0.12 percent cobalt
8.0m at 0.80 percent nickel and 0.12 percent cobalt
8.7m at 1.21 percent nickel and 0.10 percent cobalt
11.5m at 1.05 percent nickel and 0.08 percent cobalt
Click here to view the full Centaurus Metals (ASX:CTM) press release.