Hybrid Minerals (TSXV:HZ) has announced plans for more exploration work at its Idaho Cobalt Belt CAS project.
The Project is located within the prime cobalt exploration area in the US. It contains several important cobalt-copper-gold deposits, including the Blackbird mine (eCobalt Solutions) and the Iron Creek Project (First Cobalt). It consists of 85 mining claims and adjoins the northern boundary of First Cobalt’s Iron Creek Project. The stratiform deposits are hosted in metasedimentary strata of the Apple Creek Formation (Proterzoic age).
Drilling on the property has encountered significant cobalt and gold mineralization, including:
- IC03-03 1.5m at 0.54 percent cobalt and 8.5 grams per tonne (g/t) of gold
- IC03-04 4.6m at 0.34 percent cobalt and 8.3g/t gold
- IC03-07 3.0m at 0.08 percent cobalt and 9.2g/t gold
As quoted in the press release:
A trenching program was conducted this past field season to test some geophysical anomalies. A plan of operation has been submitted to the US Forest Service for more trenching and drilling to be done this coming field season.
Click here to view the full Hybrid Minerals (TSXV:HZ) press release.
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