New World Cobalt Limited (ASX: NWC; “New World Cobalt” or “the Company”) is pleased to advise that it has made a strong start to its maiden drilling program at the Colson Cobalt‐Copper Project in the Idaho Cobalt Belt, USA with significant zones of mineralisation encountered in the first three diamond drill‐holes.
Drilling is continuing with two rigs, aimed at unlocking the potential of the Colson Project for high‐grade cobaltcopper mineralisation. Initial assay results from the program are expected by late September.
New World Cobalt Managing Director Michael Haynes said the Company was very encouraged by the mineralisation observed in the initial diamond drill holes at Colson.