Cobalt Blue Holdings Limited: AGM Presentation
23.11.2017 | ABN Newswire
Sydney - Cobalt Blue Holdings Ltd. (ASX:COB) provides the Company's AGM Presentation.Cobalt Blue 2017 Achievements
1. IPO February 2017
2. Scoping Study January -June 2017 showed positive project potential (not released to market)
- Drilled 22 diamond holes, and 38 RC holes for 12,000 m
- Upgraded resource to 54.9Mt at 900 ppm Cobalt = 50,000 t Co
3. Commenced Pre-Feasibility Study August 2017 -due June 2018
- Drilling 13,000 m
- Upgraded resource due Q1 2018
- Metallurgical testworkdemonstrating high cobalt recoveries
Why Cobalt Blue?
1. Cobalt an essential, high value metal with significant recent price appreciation
2. Thackaringa aiming to be a top 5 global producer of cobalt sulphate, largest non DRC mine
3. Cobalt Blue only "pure play" ASX listed company with >80% leverage to cobalt
4. Australia -safe and secure jurisdiction
- Scoping Study completed June 2017
- Commenced Pre-Feasibility Study August 2017
To view the full presentation, please visit:
http://abnnewswire.net/lnk/7D3LGCXT
About Cobalt Blue Holdings Limited:
Cobalt Blue Holdings Ltd. (ASX:COB) is an exploration company focussed on green energy technology and a strategy of fast-tracking development of the Thackaringa Cobalt Project in New South Wales to achieve commercial production of cobalt. This strategic metal is in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.
Contact:
Joe Kaderavek Chief Executive Officer
Cobalt Blue Holdings Ltd.
Ph: +61-2-9966-5629
Website: www.cobaltblueholdings.com
Email: info@cobaltblueholdings.com