PROACTIVE INVESTORS COVERS NORTHERN COBALT'S WOLLOGORANG PROJECT

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Northern Cobalt Ltd (ASX:N27) has started drilling 21 high-priority cobalt targets at the Wollogorang Cobalt Project in the Northern Territory (NT).

The targets were generated from a systematic, shallow drilling program of 973 aircore drill holes, testing for anomalous cobalt near surface over magnetic lows.

Of the 75 magnetic features tested, 21 have significant cobalt anomalism of greater than 100 ppm cobalt in the equivalent horizon to that exposed at the surface of the Stanton cobalt deposit.

This horizon has an average of 147 ppm cobalt directly over the resource.

 

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