For thousands of other reports visit RSC's Mineral Intellingence Map
Cobalt Blue Holdings Ltd.
Summary
| Project: | Thackaringa | |
|---|---|---|
| Deposit: | Thackaringa | |
| Location: | Australia | |
| Commodities: | Cobalt-Sulphur-Iron | |
| Date: | 3/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 19-3-2018: Cobalt Blue Holdings Ltd. announces a Resource Estimation report for its Thackaringa deposit at the Thackaringa project. Updated mineral resource estimate at project. Cobalt Blue (“COB”) is an exploration company focussed on green energy techno | |
| Resources: | (Resource, I+I): 72Mt @ 852ppm Co, 10% Fe, 9.3% S at project | |
| CP/QP: | [Resources]: Danny Kentwell (SRK Consulting) | |
| ABSTRACT: | Cobalt Blue (“COB”) is an exploration company focussed on green energy technology and strategic development to upgrade its mineral resource at the Thackaringa Cobalt Project in New South Wales from Inferred to Indicated status. This strategic metal is in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems. COB is undertaking exploration and development programs on the Thackaringa Cobalt Project pursuant to a farm-in joint venture agreement entered into with Broken Hill Prospecting Limited (“BPL”). Subject to the achievement of milestones, COB will be entitled to acquire 100% of the Thackaringa Cobalt Project. Currently, COB has a 51% beneficial interest in the tenements comprising the Thackaringa Cobalt Project. Until Cobalt Blue’s farm-in obligations have been satisfied, its interest in the tenements located at the Thackaringa Project is beneficial. Under the terms of the farm-in joint venture agreement, Cobalt Blue’s beneficial interest in the Thackaringa Project will be increased in tranches on satisfaction of certain exploration and development milestones. When Cobalt Blue has completed its farm-in obligations, it will become the registered holder of the Thackaringa Project tenements. Broken Hill Prospecting remains the registered holder of the Thackaringa Project tenements until the farm-in is complete | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report