The recently completed FY17 work program has delivered strong results culminating in a significant resource upgrade for the Thackaringa Cobalt Project. Cobalt Blue 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 strike and at depth across the defined deposits [...]
Cobalt Blue is pleased to announce a significant resource upgrade at the Thackaringa Project, located near Broken Hill, NSW. This upgrade is the result of a substantial drilling campaign including 7,957m of diamond drilling (DD) and reverse circulation (RC) drilling completed during 2016/17. - The global Mineral Resource estimate at Thackaringa now comprises 54.9Mt at 910ppm cobalt, 9.56% sulphur & 10.19% iron for 50Kt [...]
Cobalt Blue is pleased to provide the final assays from its major 1H 2017 resource definition drilling program completed at Thackaringa. COB's Chairman, Rob Biancardi, observed "extremely pleasing results, better than our expectations". - The current announcement summarises the last 7 diamond drill holes and 14 reverse circulation (RC) holes (for 1,874 metres total) that were drilled into the Railway and Pyrite Hill [...]
Cobalt Blue is pleased to announce that 75% (21.2 million) of COB's options outstanding (28.2 million) vested on 2 May 2017, with COB making application for 10.3 million of vested COB options now quoted on the Australian Securities Exchange - effective 9 May 2017 (ASX.COBO). The remaining 10.9 million vested COB options are ASX escrowed for 24 months to 2 February 2019, when COB will apply for their ASX quotation. COB's [...]
Cobalt Blue Holdings is delighted to announce the completion of its 1H 2017 resource definition drilling program at the Thackaringa cobalt project, west of Broken Hill, NSW. Completion of this campaign is a major milestone. The current assay will be used as the basis for a new and updated resource estimation process, commencing in May. Thackaringa feasibility program continues: - Strong drilling results - major drilling [...]
Cobalt Blue Holdings is pleased to provide an update on its recently completed 1H 2017 resource definition drilling program at Thackaringa, NSW. - Results support potential for significant enhancement of Mineral Resource. - Results support potential to enhance the average grade within the overall mineralised envelope. - The current announcement summarises assay results received year to date from seven diamond drill [...]
Cobalt Blue Holdings CEO Joe Kaderavek and Chair Robert Biancardi recently completed a successful commercial/technical visit to China. They travelled extensively across four provinces, visiting companies responsible for over 80% of Chinese cobalt capacity. China processes approximately 50% of the world's cobalt and has long dated experience with cobalt extraction and technical expertise require to make cathodes (cobalt [...]
Cobalt Blue Holdings is pleased to report significant and encouraging cobalt assays from the drilling program commenced in November 2016 at the Thackaringa project near Broken Hill, NSW. The results reinforce the substantial cobalt and pyrite development opportunity at Thackaringa. Drilling was commenced by Broken Hill Prospecting which retains a participating interest in the project. - Assays from our 2016 Diamond [...]
Cobalt Blue Holdings is undertaking a significant infill and extensional drilling program designed to support a resource estimate upgrade. Our aspiration remains, that by mid year, we will triple the current size of the Thackaringa cobalt deposit, capable of supporting a significant, long life mining operation. To date, the diamond drilling program is progressing strongly and has achieved 2,200m with a campaign target of [...]
Broken Hill Prospecting are pleased to provide the Company's latest Quarterly Activities and Cashflow Reports for the period ended 31 December 2016. Highlights: Corporate - Successful ASX spin-off of Cobalt Blue raised $10m to fund the Thackaringa Cobalt Project through to production - BPL shareholders received in-specie IPO distribution, including loyalty options and priority offer entitlement - BPL shareholders [...]
Broken Hill Prospecting are pleased to provide an update on Cobalt Blue Holdings Limited. Cobalt Blue has announced that its IPO successfully closed after investors applied for more than the A$10 million maximum offer. Following is the Company's announcement. STRONG INVESTOR DEMAND AS COBALT BLUE IPO CLOSES Green energy company Cobalt Blue Holdings Ltd (ASX:COB) today announced that its IPO had closed after investors [...]
Broken Hill Prospecting is pleased to provide Cobalt Blue Replacement Prospectus. Following is a Replacement Prospectus dated 3 January 2017 relating to the Offer to apply for ordinary shares in the Company. The Replacement Prospectus replaces the prospectus dated and lodged with ASIC on 3 November 2016 as supplemented by the Supplementary Prospectus dated 9 November 2016 and the Second Supplementary Prospectus dated 9 [...]
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