Cohiba Minerals Limited (ASX:CHK) March 2021 Quarterly Activities and Cashflow Reports
March 2021 Quarterly Activities and Cashflow ReportsMelbourne, April 29, 2021 AEST (ABN Newswire) - Cohiba Minerals Limited (
ASX:CHK) provides below an update in relation to the exploration activities carried out during the March 2021 quarter.
Olympic Domain Tenements
Analytical work was undertaken by ALS Laboratories on drill core from HWDD03 and HWDD04.
HWDD03, which was the eastern most drill hole in the current program of work showed visual evidence of minor sulphide occurrences within altered hematitic granite. HWDD03 (Figure 1 ) was analysed from 982 - 1,143m in variable length intervals (from 0.15 - 2.0 m) based on visual determination of zones of interest. Despite the visual determination of these zones of interest HWDD 03 did not return appreciable copper results with one minor intersection as summarised below:
S&P/ASX 200 slips as Biden plans to double capital gains tax for wealthy Americans
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S&P/ASX 200 slips as Biden plans to double capital gains tax for wealthy Americans
Brent crude futures rose 0.3% to US$65.61 a barrel on hopes of a fuel demand recovery in the US and Europe as economic growth picks up and lockdowns ease. Gold gained 0.2% to US$1,787.11 per ounce on Friday and was poised for a third straight weekly rise.
S&P/ASX 200 (INDEXASX:XJO) fell 0.24% to 7,038.8 by 12.54 pm following losses on Wall Street overnight as investors reacted to news that US President Biden could almost double the capital gains tax rate for wealthier Americans.
S&P/ASX 200 slips as Biden plans to double capital onenewspage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onenewspage.com Daily Mail and Mail on Sunday newspapers.
Cohiba Minerals Limited (ASX:CHK) Exploration Strategy Overview - Olympic Domain Tenements
Exploration Strategy Overview - Olympic Domain TenementsMelbourne, April 21, 2021 AEST (ABN Newswire) - Cohiba Minerals Ltd (
ASX:CHK) s pleased to update the market with the following summary of its Exploration Strategy for 2021 on its Olympic Domain tenements in the Gawler Craton, the world s premier address for Iron Oxide - Copper - Gold (IOCG) deposits.
Highlights
- Cohiba s tenement package in the Gawler Craton contains substantial potential for IOCG deposits and is to be explored aggressively.
- The Company has budgeted for a proposed $3.5m exploration program across its Olympic Domain tenements beyond existing activity.
Cohiba Minerals Limited (ASX:CHK) Horse Well Drilling Update - ABN Newswire (@ABN_Newswire) abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.