Dating services pilbara
The final two holes of the company’s 2017 phase two drilling campaign intersected wide cobalt mineralisation grading up to 0.44%.Walford has a current resource of 73.3 million tonnes grading 0.08% cobalt, equating to about 60,000t of the mineral.Although focussed on developing its Paradox lithium brine project in the US, Anson Resources tenement applications over the Hooley Wells nickel, cobalt project 300km east of Geraldton in WA.Previous exploration at the project has returned 22m grading 0.061% cobalt and 0.97% nickel from near surface including a 4m interval grading 0.11% cobalt and 1.4% nickel.The anode is graphite, and the cathode is a combination of several formulations but mostly includes cobalt or variations of cobalt, nickel and manganese.Cobalt is now deemed a critical mineral, with more than 45% of the metal directed to the battery market.
Meanwhile, WA-focussed Ardea Resources is advancing a pre-feasibility study for the cobalt zone at its KNP project near Kalgoorlie.
Transparency Market Research predicts the lithium-ion battery market will be valued at US.4 billion by 2024, primarily driven by electric vehicles.
Until the advent of the lithium-ion battery, cobalt was traditionally a by-product of nickel, silver, copper, lead, and iron mining.
Archer executive chairman Greg English said the results indicated the cobalt mineralisation extended over a “wide area” at the project where previous rock chip sampling returned cobalt grading between 0.36% and 0.94%.
Located in South Australia and only 20km east of Tesla’s Jamestown 100MW battery farm, Yarcowie has access to rail, power, gas and road.