EXPLORATION & DEVELOPMENT

Strong investor interest and an IPO possible after cobalt-nickel-scandium drilli

SHARES in Greenstone Resources and Conico have surged after their 50:50 joint venture reported cobalt, nickel and scandium drill results from Mt Thirsty near Norseman, with a consolidation of the venture now on the cards in a separate entity that could involve an IPO.

Mt Thirsty in WA

Mt Thirsty in WA

The RC drill results included 15m at 0.45% cobalt, 0.91% nickel, 5.42% manganese and 40.9gpt scandium from 45m. According to Greenstone, scandium is a critical mineral currently selling for US$930,930/t...

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