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8.4¢ cobalt blue holdings limited

Broken Hill global cobalt province., page-194

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bluesamurai

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14/11/22

15:02

Post #: 64760589
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Originally posted by bluesamurai: ↑

The company believes there is an underlying cobalt system within the Broken Hill Alliance project's East Zone, and that there is also rare earth elements potential could bolster the economics of any future development. Castillo said there was "considerable potential" to extend the known mineralisation with further drilling, given strong global demand for cobalt with good ESG credentials. The geology team will also commence a reassessment of the West Zone, which is closer to Cobalt Blue's planned A$560 million project. The West Zone contains the Himalaya Formation, which is known to host cobalt mineralisation in the region. QUOTE
Note : I don’t own CCZ shares , My interest is directed at COB processing plant which is developing at an opportune time IMO.

https://www.mining-journal.com/resource-definition/news/1433348/castillo-reports-maiden-cobalt-resource

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Noticed on a video on The market Bull website on Castillo Copper 28/10/22 it mentioned that depending on assay results pending the company will be seeking a JV partner to develop the resource. Interesting to follow up when they come out of a trading halt tomorrow. May not be in COB’s interest but the processing plant will play a role as the Broken fHill Province is becoming a crucial to global supply in the future IMO.

COB Price at posting: 62.0¢ Sentiment: Buy Disclosure: Held
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Last 8.4¢		Change 0.000(0.00%)		Mkt cap ! $35.48M

Open	High	Low	Value	Volume
8.1¢	8.8¢	8.1¢	$39.78K	472.3K

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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0.091	70000	1
0.092	40000	1

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Broken Hill global cobalt province., page-194

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Broken Hill global cobalt province., page-194

Top Stories

Issues emerging as Australian companies tackle critical minerals challenge

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Cauldron Energy reports "excellent" uranium assays in latest drill run

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News