Conico’s drilling rig at Mt Thirsty. Credit: File After some unforeseen hiccups, Conico is now charging towards completion of a scoping study, which it says will now include new project optimisations aimed at enhancing economics at its Mt Thirsty project near the Western Australian town of Norseman. While high workflow levels for key consultants slowed the study process, it expects it to be finished next month, with an updated mineral resource also on the way. The study on th

Drilling at Conico Limited’s Mt Thirsty JV cobalt-nickel-manganese-scandium project near Norseman. Credit: File Conico Limited has revealed more shallow, thick and high-grade nickel-cobalt-manganese-scandium results from the remaining five drill holes at its Mt Thirsty joint-venture (JV) project, 15km north-west of the Western Australian town of Norseman. The company’s best new results include 48m at 0.08 per cent cobalt, 0.44 per cent nickel, 0.13 per cent manganese and 47.6

A royal flush – almost. 3 out of 4 lithium battery cathode materials in one deposit!

Conico Limited has revealed a 146 per cent mineral resource jump at its Mt Thirsty nickel-cobalt project near Norseman, surging to 66.2 million tonnes – inferred and indicated – at 0.06 per cent cobalt, 0.43 per cent and 0.45 per cent manganese. The company says the deposit hosts the second-highest cobalt-nickel ratio for similar predevelopment projects in Australia and is uniquely positioned to potentially produce precursor cathode active material (pCAM). Management is alrea