Cobalt Blue Holdings Ltd. advises that a Thackaringa Joint Venture Management Committee meeting was held on 16 November 2018 with representatives from joint venture partner Broken Hill Prospecting Ltd.. This meeting followed on from an informal meeting held last week with BPL representatives at the time the TJV Management Committee meeting was adjourned due to lack of a quorum. Work programmes, including the drilling [...]
Cobalt Blue Holdings Ltd. refers to the announcement by its joint venture partner Broken Hill Prospecting Ltd. dated 30 October 2018 acknowledging receipt by BPL of a notice from COB "advising of COB's election to not exercise its rights to earn the Stage 3 Percentage Share under the TJV" and the announcement dated 2 November 2018 referring to material presented to it by COB "for consideration to the Thackaringa Joint [...]
Cobalt Blue Holdings Ltd. has commenced the largest single drilling campaign to date at Thackaringa - in excess of 15,000 metres will be drilled over the coming six months. Previously, between 2H 2016 and 1H 2018, COB has drilled a total of 20,445 metres consisting of 38 Diamond Drill holes, 93 Reverse Circulation drill holes, and three RC drill holes with diamond tails over three campaigns. KEY POINTS: - The campaign has [...]
Cobalt Blue Holdings Ltd. provides the Company's Quarterly Activities Report. July to September 2018 - Highlights THACKARINGA PROJECT: - Thackaringa Pre Feasibility Study delivered. - Project strategic rationale. - Drilling campaign announced. COBALT TRENDS: - Update on thrifting. - Near term market balance vs strategic demand. CORPORATE: - COB withdraws from Earning Period - Stage Two Achieved - Cobalt Blue has achieved [...]
Cobalt Blue Holdings Ltd. announces the Company decides not to exercise its rights to proceed further under Thackaringa Joint Venture Farmin Earning Period provisions. KEY POINTS: - Following completion of a Pre-Feasibility Study , the Thackaringa Joint Venture commissioned Wood PLC, a globally renowned engineering firm, to perform a PFS gap analysis review. Wood subsequently recommended up to a 24 month period for [...]
Cobalt Blue Holdings Ltd. refers to its announcement made on 18 September 2018, and confirms that its Board and technical advisers are currently reviewing the Wood PLC report. Wood was appointed by COB, through the Thackaringa Joint Venture Committee, to undertake an industry best practice and independent review of the Pre-Feasibility Study , and provide a gap analysis with recommendations that will be used to improve the [...]
Cobalt Blue Holdings Ltd. provides the CEO's Letter to Shareholders. I am writing to update shareholders on our plans as Cobalt Blue progresses the next stages of the Thackaringa Cobalt Project. In my 26 July 2018 CEO's letter to shareholders I stated "Wood PLC , a leading global engineering firm, has been engaged to provide a gap analysis review of the PFS. This review, expected by late August, will help shape the [...]
Cobalt Blue Holdings Ltd. announces Bankable Feasibility Study commences with drilling campaign and project optimisation studies. KEY POINTS: - Following completion of a Pre-Feasibility Study , the Thackaringa Cobalt Project has entered the Bankable Feasibility Study phase. We are pleased to update the market on progress. - Cobalt Blue Holdings Ltd. is commencing the largest single drilling campaign at Thackaringa - in [...]
Cobalt Blue Holdings Ltd. and CuDeco Ltd. announce that they have entered into a Memorandum of Understanding , an important stepping stone to determine if the cobalt-pyrite at the Rocklands project can produce cobalt products and create additional revenue for both companies. MOU KEY POINTS: - CDU would like to explore opportunities to monetise the cobalt-pyrite concentrate produced from the flotation concentrator circuit [...]
Cobalt Blue Holdings Ltd. advises that it has received notice from Broken Hill Prospecting Ltd. that BPL has accepted to its satisfaction the completion of the Stage Two earning obligations under the Joint Venture Agreement on the Thackaringa Cobalt Project in Broken Hill NSW. BPL advised that it completed a rigorous review of the TJV Stage Two deliverables. Accordingly COB now formally announces the following beneficial [...]
Cobalt Blue Holdings Ltd. provides the Company's US and European Institutional Marketing Presentation. Cobalt Blue - Company Overview The Thackaringa Cobalt Project Cobalt Blue Holdings Ltd. is a cobalt exploration/development company focussedon the development of the Thackaringa Cobalt Project in New South Wales. The Thackaringa Project is 23 km west of Broken Hill and 400km by rail from Port Pirie, consists of four [...]