TYX 22 March 2018 TYRANNA TO ACQUIRE HIGH GRADE COBALT-BASE...

TYX

22 March 2018

TYRANNA TO ACQUIRE HIGH GRADE COBALT-BASE METALS
PROJECT IN THE USA

Highlights
 Agreement to acquire 100% interest in high grade Cobalt–Base Metals Project in USA
 Project located in stable mining friendly state of Nevada, 700kms from Tesla’s
Gigafactory
 In the early 1920’s approximately 20 tons of cobalt rich ore was shipped from 4
separate copper mines to processing facilities. These shipments assayed between 6%
and 29% cobalt1
 Mining identity Mr Klaus Eckhof appointed as Strategic Advisor to Tyranna
 Tyranna is well funded ($8 million cash & investments) to progress high impact
exploration program to commence immediately on settlement of acquisition
 Project area surrounds ASX listed Longford Resources’ (ASX: LFR) (market
capitalisation of $42m) claims to the north & south
 No modern exploration techniques applied to project area
 Results pending from stream sediment & rock chip sampling program completed by
vendor
 Mr Greg Smith (Geologist - 40 years’ experience) – previous exploration manager for
Moto Goldmines appointed as Exploration Consultant to head up Goodsprings
Cobalt-Base Metals Project
 Anticipated growth in electric vehicles (EV’s) underpins recent surge in Cobalt price
to US$88,000/ton – a 280% increase over 2 years.