Kuniko reported assay results from initial drilling at the Skuterud Cobalt project. All holes drilled at the Middagshvile prospect intersected significant intervals of cobalt mineralization, e.g., 11.1m @ 0.09% cobalt, 0.23% Cu, including 2m @ 0.15% Co, 0.25% Cu and 4.1m @ 0.13% Co, 0.41% Cu in drill hole KNI_MDV004. The company is currently preparing its work plans for further exploration activity at Skuterud that will test the strike and depth extends of the mineralized zone, currently extending approximately 450m.
Bands and Clusters of cobaltite in KNI_MDV002, yielding 1m @ 0.34% Co (Source: www.kuniko.eu)
