Cobalt Blue Ltd's (ASX:COB) shares have tripled to around $0.57 over the past two months, as the company continues to add substantially feasibility studies centred upon its Thackaringa project in New South Wales. The company has also been meeting with senior Korean and Japanese financial and cobalt industry teams. Cobalt Blue has the potential to...

Railway Drilling Program confirms grade continuity at depth and along strike (more…)

Mr Kaderavek shares his views on cobalt supply and demand, as well as his thoughts on the cobalt sector as a whole. Mr Kaderavek gives an update on Cobalt Blue as well as his 5 year outlook for the company: “Thackaringa will be the largest single source of cobalt outside of Africa producing 4,000t of...

Successful completion of a 633-line kilometre helicopter borne geophysical survey over the Thackaringa Project, 23km south-west of Broken Hill. (more…)

The Thackaringa project is planning to mine ore from three surface deposits. The host rock (silica and feldspars) contains approximately 20% sulphides (mainly pyrite), with cobalt at 900–1000 ppm. Upgrading the ore to a sulphide concentrate is an important step to developing an economically viable project. (more…)

September 2017 – Highlights Projects Thackaringa Project Commenced Pre-Feasibility Study (PFS). Aerial geophysical survey launched and subsequently completed over the entirety of the Thackaringa tenements (EL6622, EL8143, ML86 & ML87). Thackaringa Drilling Campaign – 40Mt Indicated Resource Target – rigs mobilised to site. PFS Metallurgical Testwork has now commenced. The testwork will be centred on...

Update for September 2017 Cobalt Blue (ASX:COB) has achieved considerable progress since listing on the ASX in February 2017. COB’s recently completed Thackaringa drilling campaign (8,000 metres) declared a combined 55Mt Inferred and Indicated Resource at 910 ppm cobalt (5 June 2017) in addition to a successful Scoping Study (11 July 2017), which will be...

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…)