Conico (ASX:CNJ) reports outstanding mining results during the quarter

Conico (ASX:CNJ) has reported outstanding cobalt, nickel, manganese, and scandium results from the Mt Thirsty project (50% Concico, 50% Greenstone Resources ASX:GSR), including the 6th best cobalt intercept in Australia for 2022, during the quarter ending March 31 2023.

Its Metersvig project in Greenland also received results confirming the extension to the mineralisation witnessed at the historic Blyklippen mine, extending south by about 13km to the Sortebjerg prospect.

Conico says it completed 11 diamond drill holes across four prospects during the Greenland field season targeting Cu-Ni--Au-PGE mineralisation.

The company will announce the results of a Rights issue with one for two Conico options at $0.01 per share on April 26.