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Cohiba Minerals Limited (ASX:CHK) Quarterly Activities Report
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Cohiba Minerals Limited (ASX:CHK) (OTCMKTS:CHKMF) is pleased to provide an update in relation to the exploration activities carried out during the September 2022 quarter.
Highlights
- High level activity across our exploration portfolio in the Gawler Craton.
- Significant zinc-lead-silver results received from the Pernatty C drilling.
- Horse Well hole HWDD06W1 completed to a depth of 1,504.1m.
- Horse Well hole HWDD07 completed to a depth of 1,519.0m and successfully intersected the Bluebush Fault extending its known strike length to 400m.
- Horse Well hole HWDD08 commenced drilling and had reached 1,013.8m by the end of the quarter (with a target depth of 1,500m).
- Warriner Creek drill hole assays returned some anomalous Rare Earth Element (REE) results but not sufficient to warrant a continuation of the Farm-In Agreement.
- Final report for Pernatty C was submitted to DEM SA for the ADI Funding and $298,500 was received.
- Cash balance of $2.2M at 30 September 2022. *To view the full Quarterly Report, please visit: https://abnnewswire.net/lnk/3SW0ZJWB
Andrew Graham
CEO
admin@cohibaminerals.com.au
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