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Riva Resources sees evidence of cobalt in second hole

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hitpaydirt   Thursday, 05/18/17 06:38:13 PM
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Riva Resources sees evidence of cobalt in second hole

Riva Resources (ASX:RIR) has completed its second hole as part of its proof-of-concept drilling at the 100%-owned Tabac Cobalt-Gold Project in Western Australia.

The hole, TDD002, intersected a 102-metre width of the target bubble well member from 192 metres depth.

This hole differs from the earlier hole, TDD001, where Riva’s geologists noted a regional scale hydrothermal alteration and mineralising system.

TDD001 was a twin hole that aimed to confirm a historical intersection at Tabac measuring 80 metres at 0.77% cobalt from 170 metres including 10 metres at 1.47% cobalt.

In hole TDD002, a pink coloured dolomite was observed thought to possibly contain cobalt and/or manganese.

The completed drill holes are in Perth, where they are in the process of being cut and sampled.

The samples are anticipated to be delivered on Friday to the laboratory for expedited analysis.

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