Korab Resources is pleased to report first stage results of the review of cobalt potential of Korab's Batchelor project located near Darwin in the Rum Jungle Mineral Field. This first stage review encompassed geochemical assessment of 20 RC drillholes, 784 RAB drillholes drilled on a 40m x 200m grid, 2,950 soil samples taken on 40m x 100m and 40m x 200m grids, and 686 rock chip samples. RAB drilling averaged 10m in depth [...]
Korab Resources refers to the ASX report dated 23 November 2016 which discussed the review of historical RC and diamond drilling results confirming presence of high grade zinc, lead and silver mineralisation within Korab's exploration ground near town of Batchelor in the Rum Jungle mineral field approximately 80km south of Darwin. Significant drill intercepts are shown below for reference. Full report can be accessed
Korab Resources is pleased to report that it has been advised by third party that historical drilling indicates presence of high grade zinc, lead and silver mineralisation within Korab's exploration ground near Batchelor town in the Rum Jungle mineral field. Korab has been advised that the zinc intercepts occur in the same rock layers as the Woodcutters zinc, lead and silver mine located 8km to the north and are of [...]