European Cobalt Ltd (ASX: EUC) has intersected extensive cobalt-nickel sulphide mineralisation supporting the exploration model developed for the Joremeny Target in its Dobsinia project in Slovakia.
European said the disseminated styles of cobalt-nickel mineralisation had not previously been reported at Dobsina.
The intersection incudes a 4.1m downhole interval of disseminated to blebby cobalt-nickel sulphides and includes a 10cm interval of semi-massive cobaltite-gersdorffite sulphide mineralisation.
EUC Managing Director, Rob Jewson, said the visual confirmation of extensive cobalt-nickel sulphide mineralisation and zones of semi massive sulphide mineralisation proximal to the Joremeny Adit provides significant further confidence towards the cobalt and nickel potential of the target.
Interestingly the disseminated style of cobalt-nickel sulphide mineralisation within the mylonitic zone had not been reported previously. Further work is required in order to ascertain the size potential of this style of mineralisation.”
Do-01 was the first hole of the program that was completed targeting mineralisation directly above the Joremeny Adit in order determine the extent of mineralisation up dip of the adit.
The Joremeny Target forms part of the Zemberg-Terezian Vein System. The Zemberg-Terezian vein system extends over a1,500m strike, 300m depth and 0.7-1.5m wide mineralisation.