Global supplier of cobalt and nickel, Jervois (ASX:JRV) has confirmed grade continuity and widths consistent with the Mineral Reserve and Resource Estimate (MRRE) at the RAM Deposit, located within the Idaho Cobalt Operations in the US.
The 2022 infill drilling program at the project totalled 7,730m in 62 completed diamond drillholes, focused on the RAM deposit underpinning current mine development at the Idaho Cobalt Operation, along with a single geotechnical drillholes. All 62 infill holes targeted and intersected the Main Mineralised Horizon of the RAM deposit.
As previously disclosed, the company reports infill drilling has confirmed the current RAM deposit MRRE model and continues to de-risk mining, with drillhole spacing reducing from 50m down to 20m in near-term production fronts.
Jervois reports infill drilling is ongoing and will continue through 2023 as vertical mine development progresses, focused on production areas within the upper levels of the South Zone and lower levels of the Mid Zone of the deposit.
Jervois aims to become the leading global supplier of responsibly sourced cobalt nickel materials to serve both the battery and chemicals market, and to provide a secure, reliable supply to customers in the face of geopolitical and other risks.
The company’s Idaho Cobalt Operation is a 1,200 ton per day underground hard rock mine located in the Salmon Challis National Forest in Idaho, US. The project encompasses less than 400 acres, and Jervois plans to bring the project into production in the first half of 2023.
Jervois also holds the Sāo Miguel Paulista nickel and cobalt refinery in São Paulo, Brazil, the Nico Young nickel and cobalt deposit in New South Wales, the Centennial deposit, and the Kernahan-Bell Project in Canada, as well as the Arunta West Project in Western Australia.
