Conico Limited announced initial assays from 2022 drilling at its Ryberg project in eastern Greenland. Drilling at the Miki prospected confirmed the fertile nature of the Miki Dyke with regards to magmatic sulfides and PGE’s, returning e.g. 6m @ 0.27% Cu, 0.06% Ni and 0.31g/t 3E in drill hole MIDD011. At the Sortekap prospect, drilling further demonstrated the potential for nickel, copper, and PGE mineralization, returning e.g. 3.28m @ 0.41% Cu, 0.07% Ni and 1.12g/t 3E in drill hole SODD004. In addition, a new zone of quartz veins, returning 7m @ 0.23g/t Au was intersected in hole SODD006.
Results from the company’s Mestersvig project, where drilling intersected lead-zinc mineralization along strike of the historic Blyklippan mine, are currently pending.
Image of drill core from SODD004 (Source: www.conico.com.au)
