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:
Cyclone Metals has eyes on environmentally-friendly metal processing technology
The company has completed drilling at its Lady Ethleen Project in Queensland and sufficient samples have been sent to conduct Glyleach test-work at the MPS facility in Western Australia. The GlyLeach process has significant benefits over traditional acid leaching including its environmentally-friendly state which is non-toxic.
Cyclone Metals Ltd (ASX:CLE) is pursuing the development of processing options for its copper, gold and cobalt assets in the prolific Mount Isa region of northwest Queensland.
The company believes this is an opportune time for investment in the development of new environmentally friendly processing technology for copper and other valuable metals.