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High-Grade Cobalt from Middagshvile

Kuniko reported initial assay results from recent drilling at its Middagshvile target where visual mineralization previously indicated the intersection of high-grade, near-surface cobalt mineralization. Assays from drill hole KNI_MDV011 returned 6.2m @ 0.43% Cobalt, thus confirming initial visual estimates. The drill hole further intersected 2.3m @ 0.07% Co and 0.33% Cu in a deeper zone from 207.5m. Assays from additional drill holes are currently pending.

 

Photo of drill core with assay results from the high-grade near-surface interval in KNI_MDV011 (Source: www.kunkio.eu)