Northern Cobalt soars on grade

DRILLING at the Stanton cobalt deposit has returned high-grade results for new float Northern Cobalt, sending its shares up more than 50% this morning to a new high of A77c, valuing the company at some $26.6 million.

Northern Cobalt soars on grade Northern Cobalt soars on grade Northern Cobalt soars on grade Northern Cobalt soars on grade Northern Cobalt soars on grade

The assays for the first five of 57 reverse circulation holes from the Wollogorang project included 37 metres at 0.28% cobalt from 25m, 18m at 0.