Kuniko getting prepped for 3 pronged attack

Our European battery metals Investment Kuniko (ASX:KNI) is gearing up for drilling that could start as early as January 2023.

We’re eager to see KNI get back in the field - and build on early success at the company’s cobalt project.

KNI intends to complete 4000m of drilling across three projects and has permits for more drilling at the Skuterud cobalt project, the Ringerike nickel project and a permit is expected to be issued for the Undal-Nyberget copper-zinc project in December.

The Skuterud cobalt project has already returned cobalt mineralisation in all 8 drill holes.

We’ve been busy familiarising ourselves with KNI’s other projects - particularly the Undal-Nyberget copper project which has returned some very promising historic sample grades 1.7 % copper and 2.82 % zinc and a silver credit of 35.7 g/t to boot.

KNI is aiming to complete a 1000–1500-metre maiden diamond drilling campaign at this project in early May 2023.

Once again, KNI is using modern exploration techniques and is firming up targets based off the below EM conductors:

KNI is correlating geochemical anomalies in soil samples here with the goal of hitting massive sulphide mineralisation with strong base metal grades.

Also of note, is the Ertelien Nickel Project at Ringerike which has a non-JORC resource from 2009 - we’d be looking for KNI to build on this resource and quickly bring it into JORC compliance.

Ringerike is prospective for nickel, copper, cobalt and platinum group elements and drilling will take place in February of next year.

As KNI Investors we’re pleased with this trio of planned drilling programs - Skuterud in January, Ringerike in February and Undal-Nyberget in March.

We think that gives KNI three good chances at achieving further exploration success.