Cobalt plays on the ASX are rare as hens teeth.......MTH recently announced in April
With the growing interest in cobalt, the Company has commenced a technical review of the deposit, (given that it has been previously assessed primarily for its copper potential), to better understand the distribution of cobalt within the deposit and determine potential for extensions to known cobalt mineralisation.
The review is expected to be completed by the end of the current June 2016 Quarter. Lithium and cobalt are currently in demand because of their application in advanced battery technology. Lithium minerals (such as spodumene and lepidolite) are commonly found in pegmatites, potentially of the type seen at Leaky Bore.
How this plays out will no doubt be interesting
MTH BooM, page-61
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