Highlights: FY17 (8,000m) Drilling Campaign Concluded – a globally significant cobalt program – continues into FY18. Thackaringa Resource Upgrade – 54.9Mt at 910ppm cobalt, new estimate reflects a 66% increase in overall tonnes and a 9% increase in cobalt grade. Scoping Study Delivered – Results supportive of Cobalt Blue’s aspirational target of becoming “a long-life...
Cobalt Blue’s Board is very confident that it has a world class cobalt project on its hands after recently delivering a successful Scoping Study for the Thackaringa venture in western New South Wales. The optimal path for processing which was tested during the study achieved a ~90% cobalt recovery from in-ground to payable metal. (more…)
COBALT BLUE HOLDINGS (AU:COB) is confident that investors will appreciate not only its Thackaringa cobalt resource in New South Wales almost doubling, but also see the potential scale and strong margin offered by the company’s mining and processing plans. The company is a recent spinout of Broken Hill Prospecting Ltd (AU:BPL), which has turned its...
Strong Potential for Commercialisation after Processing Testwork (more…)
The recently completed FY17 work program has delivered strong results culminating in a significant resource upgrade for the Thackaringa Cobalt Project. Cobalt Blue (ASX:COB) declared a 54.9Mt combined Indicated (6.5Mt) and Inferred (48.4Mt) Resource on 5 June 2017 as a result of this program. The results show consistent and significant potential for mineralised extensions along...
THE lack of new supply coming in cobalt will lead to stronger for longer pricing, Cobalt Blue CEO Joe Kaderavek says. (more…)
Highlights Significant resource upgrade for the Thackaringa Cobalt Project – tonnage up 66%, grade up 9% on previous estimate (more…)
Highlights Stage One Drilling Program delivers robust results – resource upgrade to follow
Cobalt Blue (ASX:COB) is currently undertaking one of the largest drilling campaigns amongst cobalt explorers globally. This is expected to triple the Thackaringa cobalt resource in coming months. Looking forward - the company has also taken the proactive step to build relationships with processing centres and end users. (more…)
