Celsius Resources Limited announced it has received results from verification samples completed during its recent visit to the acquired Opuwo Cobalt Project ("Project") in Namibia. As announced on 19 January 2017 Celsius is acquiring an option to earn up to 76% of the Project. Sampling returned cobalt grades up to 3,655 ppm Co, with 5 of 11 samples returning grades above 1,000 ppm Co. Copper-zinc values ranged between 0.15 and 0.72% Cu and 0.07 and 2.26% Zn. Significantly samples correlate well with surface sampling completed by historical explorers and the vendor in the area. Of the 55 samples collected in the area 12 have grades above 1,000 ppm Co with 4 above 2,000 ppm Co. Results are also consistent with the historical drilling results from DOF01 and DOF02 as detailed in the ASX Announcement of 19 January 2017: 8m at 1,137 ppm Co + 0.54% Cu + 0.53% Zn from 60.4m (DOF02) and 4.65m at 1,153ppm Co + 0.55% Cu + 0.59% Zn from 106.65m (DOF01). It should be emphasized that both the historical and recent verification samples are grab samples taken from locations of geological interest and serve only to show the potential of the mineralised horizon within the Opuwo Cobalt Project (the Dolomite Ore Formation or "DOF") as well as to assist in planning of the Company's maiden drill programme at the Project, which is well advanced. A more representative phase of surface sampling was completed in 2012-2013 with the excavation of surface trenches. Sampling was carried out of each meter by channel sampling the exposed weathered bedrock. Results of these include: 3m at 2,714 ppm Co + 0.30% Cu + 1.09% Zn (K-T4); 2m at 2,490 ppm Co + 0.50% Cu + 1.30% Zn (K-T5); 2m at 1,635 ppm Co + 0.20% Cu + 0.54% Zn (K-T3); and 3m at 1,586 ppm Co + 0.02% Cu + 0.80% Zn (K-T6).