Friday, January 31, 2020 8:48:14 AM
January 30, 2020
HIGHLIGHTS
Bankable Feasibility Study (“BFS”) for Idaho Cobalt Operations (“ICO”) on track for completion by end March 2020
ICO Refinery Scoping Study underway in parallel with BFS
Updated ICO Mineral Resource Estimate (“MRE”) increased contained cobalt in Measured Resource by over 20%
New ICO MRE maximises cobalt grade using improved block design and modelling methods
3,125m diamond drilling completed at ICO, reconfirming Ram zone mineralisation as a high grade cobalt deposit with copper and gold credits, and extending hanging wall zones
Initial results from 3,645m diamond drilling at Kilembe and Waragi, Uganda released after quarter end. Initial results expand prospective Kilembe areas (rock chip highlights include 41.0 g/t Au, 20.5 g/t Au, 10.3 g/t Au and 9.8 g/t Au) and improve understanding of mineralization
In Uganda, initial Kilembe drill intercepts included 9.9m @ 1.37 g/t Au; Waragi 1.5m @ 0.23% Co – majority of assay results from this program yet to be returned
Uganda exploration continues in Q1 2020
On January 17, revised offer filed for Kabanga deposit, Tanzania
A$12.4 million cash as at 31 December 2019
Click here to view the activities report
https://mcusercontent.com/6f52ace6c580fa2e1b6485f53/files/5a4fabb3-cac5-4258-83c1-a711c6d8c7e3/02197252_1_.pdf
Click here to view the cash flow report
https://mcusercontent.com/6f52ace6c580fa2e1b6485f53/files/1ab19d3b-ddf9-430c-87d3-503c806a2909/02197196.pdf
The Company is also pleased to attach a presentation that Simon Clarke, EGM Corporate Affairs will give at the 121 Mining Investment conference in Cape Town, South Africa, scheduled next week alongside Indaba. Mr Clarke is attending the 121 Mining Investment conference hosting 1-1 meetings with institutional investors alongside Russell Bradford, Idaho Cobalt Operations Project Director.
Click here to view the presentation
https://jervoismining.com.au/wp-content/uploads/2019/01/02197158.pdf
Recent JRV News
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - JRV • PR Newswire (Canada) • 07/23/2024 11:44:00 AM
- Canadian Investment Regulatory Organization Trade Resumption - JRV • PR Newswire (Canada) • 07/23/2024 11:42:00 AM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - JRV • PR Newswire (Canada) • 07/22/2024 12:20:00 PM
- Canadian Investment Regulatory Organization Trading Halt - JRV • PR Newswire (Canada) • 07/22/2024 12:18:00 PM
- Junior Miner CEO Sees Blue Sky Potential for Major Discovery in Saskatchewan • AllPennyStocks.com • 07/18/2024 09:01:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM