Celsius Resources: 15,000 metre Cobalt Resource Drilling Program Commences

Celsius Resources Limited (“Celsius” or “the Company”) is pleased to announce the commencement of a significant resource drilling program at its 95% owned Opuwo Cobalt Project (“Project”) in Namibia

As quoted in the press release:

Celsius Managing Director, Brendan Borg commented: “This aggressive cobalt resource drilling program at Opuwo aims to position Celsius to take advantage of the current boom in lithium ion battery related minerals, and to ensure that Celsius is well positioned to capitalise on its early-mover advantage in the cobalt space. Preliminary results from the metallurgical and mineralogical studies currently being undertaken have been encouraging, confirming simple sulphide mineralogy, and we look forward to reporting the detailed findings as they become available.”

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