European Cobalt Ltd (ASX: EUC) has reported some promising results from a trenching program at Joremeny Target within its “flagship” Dobsina Project in Slovakia.
The company said it has identified three discrete zones through the initial shallow trenching conducted across the Joremeny Target.
The company’s Managing Director, Rob Jewson, said the identification of cobalt-copper-nickel sulphides and secondary copper mineralisation in the first trench validated the targeting model developed by European Cobalt.
“Furthermore, the mineralisation observed confirms the mineralisation extends to within two metres of surface, directly below the transported overburden material,” Mr Jewson.
“Of significant importance is that cobalt-nickel mineralisation has not previously been reported this high within the mineralisation sequence.”
The trenching that is currently underway at the Joremeny Target aims to:
- Define the geometry and extent of mineralisation across the Joremeny Target.
- Gain a further understanding towards the grade and mineralogy of the mineralisation both from the perspective of at surface and determine variations to this along the strike of mineralisation.
- Understand further the nature of metal zonation with respect to cobalt-nickel-copper-silver along the strike length of the mineralised sequence.
- Gain a further understanding with respect to alteration, structure and potentially differing styles of mineralisation present.
The promising trenching results come a day after European Cobalt announced the commencement of diamond drilling at the Joremeny Target.
The aim of the drilling program is to test the potential of mineralisation between surface and the Joremeny Adit.
“The maiden diamond drilling campaign, testing the high priority Joremeny Target at Dobsina, aims to confirm the exploration targeting model developed by European Cobalt across the Project,” Mr Jewson said.
“The Joremeny Target represents approximately 1.2km of over 26km in prospective strike length defined to date.
We are particularly excited with respect to the potential of replicating grades and widths similar to that previously reported in underground channel sampling throughout the Joremeny adit.
All required infrastructure and staffing are well established to process diamond core as it becomes available. Further updates will be provided throughout the campaign.