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Saturday 15 December 2018
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Scoping study completed on Opuwo Cobalt project

A Scoping Study has confirmed potential for a large scale and long-life operation, Celcius Resources limited has announced in a trading statement.
At this stage the preliminary mine planning is completed while examining various open pit and underground mining scenarios have also been conducted.
The statement also indicates that sulphide concentrate was produced from standard flotation methods and that the project will produce refined products including cobalt sulphate (or hydroxide/metal), copper metal and zinc sulphate by either autoclave or roasting methods, with the roasting method used as the base case for the purpose of completing the Scoping Study.
“No deleterious elements identified that would affect the saleability or price of products.
Infrastructure components to leverage off existing regional infrastructure, including hydroelectric power and network of sealed roads,” the statement indicates.
High-level discussions with prospective offtake partners have already commenced as well.
“Pre-Feasibility Study (PFS) to commence immediately, scheduled for completion in Q3, 2019, including investigation of identified value engineering and process optimisation opportunities and the incorporation of an updated Mineral Resource Estimate, expected later in 2018.”




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