Kuniko Confirms conductors at Skuterud ahead of drilling
- Kuniko (KNI) confirms two conductors at its Skuterud cobalt project in Norway
- A downhole geophysical survey was recently completed which targeted historical drill holes surrounding the Middagshvile target
- The company is using the data found to support an upcoming maiden drilling program set to begin on May 2
- Drilling will include seven holes over three prospective targets, aligning with company’s goal of developing the Skuterud project into a domestic cobalt supplier in Europe
- The company shares are down 21.9 per cent on market close, trading at $1.39 each
