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Northern Cobalt kicks off 20,000-meter drilling program at Wollogorang project

Northern Cobalt Ltd. kicked off its planned 20,000-meter drilling program at its Stanton deposit, part of the Wollogorang cobalt project in Australia's Northern Territory.

The company expects to complete the program before the end of the year, it said Oct. 9.

Initial drilling will focus on upgrading the current mineral resource, with more than 40 drill holes to be completed near the current resource.

The drill rig will then move on to test a further 21 nearby cobalt prospects, 11 of which have historic mineralized drill intersections.

The company has contracted a second drill rig to complete the drilling before the year-end and the onset of the wet season. This rig is expected to arrive on site in mid-October and will initially drill five to six diamond drill holes through the resource for metallurgical test work. It will then join the first drill rig to test the prospects.