The Leogang Project is located approximately 3 km west of Leogang (population circa 3,200) and 11 km west of Saalfelden (population 16,000) in the District of Zell am See, Federal State of Salzburg.
Leogang was famed for the diversity of its mineralogy and rich ore grades, with nickel and cobalt mined in the region from the mid-16th century. At various times in its past, cobalt, nickel, copper and silver have been mined in the area. Despite the historical mining records being incomplete and unreliable, it is clear that a mineralised body has been exploited over a considerable period of time. Table 1 : Historically reported results within the Cobalt rich Leogang-Nockelberg area.
|Nockelberg||Co 1.95%-4.65% Ni 1.55%-3.14% Cu 2.19%-12.7%||High grade rock chips reported||Haditsch & Mostler, 1970.|
|Schwarzleo/Leogang||Co 11.67%-15.76% Ni 6.52%-8.12% Cu 3.82%-4.91%||High grade rock chips reported||Haditsch & Mostler, 1970.|
The limited exploration and research material that exists comes from geological surface mapping and sampling of outcrops or exposures within the remaining accessible adits. Collectively this body of work has noted the complex structural environment as well as a strong strata-bound component to the cobalt bearing mineralisation which, coincidently, was not the focus of historical exploitation. This project offers rich high-grade ore potential and is a major focus of the Company’s exploration effort in 2018.
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