Jervois Global Limited Announces Positive Results from US Government-Funded Drilling

Jervois Global Limited (ASX: JRV) reported positive outcomes from the initial four drill holes of its U.S. Department of Defence (DoD) funded drilling at the Idaho Cobalt Operations' (ICO) RAM deposit. The deepest drilling to date confirmed strong cobalt-copper-gold mineralization beyond existing resource wireframes. Highlights include 1.8 meters at 1.10% cobalt, 1.18% copper, and 0.69 g/t gold (hole JU24-093) and 5.5 meters at 0.61% cobalt, 1.35% copper, and 1.51 g/t gold (hole JU24-097).

These results suggest the potential for resource growth along strike and at depth. Jervois' ICO, the largest and highest-grade confirmed cobalt orebody in the U.S., benefits from this DoD-funded program under the Defence Production Act. Further drilling has been paused due to collaboration with the U.S. Forest Service.

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