Australian Shares Sparty's Blog
Comments on this blog should never be taken as investment advice
Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.
Main Forum•Metalcity (ASX: MCT) 4th largest undeveloped zinc resource in the world!
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Metalicity doubled the contained zinc equivalent resource at its Admiral Bay zinc project in July and increased the grade by 30%, making the project the largest undeveloped zinc/lead deposit in Australia and the fourth largest in the world. Read full report
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ASX: MCT - Zinc, Lithium, Graphite, Cobalt http://www.asx.com.au/asxpdf/20161116/pdf/43cxtzc93v3w9p.pdf
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FURTHER HIGH GRADE COBALT IDENTIFIED AT KYARRA
Metalicity 15/03/2017Update
- Additional high-grade, widespread cobalt surface anomalies and drill results identified at Kyarra West
- Nine surface samples >500ppm Co and up to 6,400ppm Co
- Six drill intersections >300ppm Co and up to 6m at 492ppm, including 2m at 612ppm Co
- Model targeting sedimentary-hosted cobalt (+/- Cu and Ni) with similarities to the Zambian Copper Belt
- Zambian Copper Belt geological expert Dr Simon Dorling appointed to assist targeting and exploration efforts
- Field work commencing to verify results and prioritise the numerous targets for drilling in June quarter
