As announced to the ASX on Monday 7 November 2016, Broken Hill Prospecting strategic plan is to realise significant value from the potentially world-class Thackaringa Cobalt Project. The plan involves ASX listing COB to finance and undertake an extensive exploration and development program with potential to support a mine at Thackaringa. The deal includes a spin-off and demerger of COB by BPL through an in-specie [...]
Broken Hill Prospecting today announced that drilling had commenced at the Thackaringa Cobalt Project near Broken Hill to support metallurgical test work programs. 1000m diamond drill program underway to support metallurgical test work. Planning is well advanced for a major Resource infill and expansion program. The 1000m diamond drilling program consists of eight holes at the three significant locations of cobalt [...]
Broken Hill Prospecting advises that its strategic plan to realise significant value from the potentially world-class Thackaringa Cobalt Project has been approved by its Board of Directors. The plan involves ASX listing of a focussed and independent company, Cobalt Blue Holdings Ltd (COB), to finance and undertake an extensive exploration
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