This is why(FURTHER ACQUISITION ON HISTORIC
LA COBALTERA HIGH-GRADE
COBALT TREND BY LCPL
- Detailed research reveals historic production with an average grade of 7.3% Co with up to 20,000 tonnes of cobalt ore produced per year between 1844 and 19441 along the La Cobaltera trend.
- • LCPL, a company which Blina has an exclusive option to acquire, has signed an agreement to acquire a 100% interest in up to six mining licences and one exploration licence in the historic high-grade cobalt producing district of La Cobaltera, Chile.
- • Further acquisition by LCPL of two additional mining licences on the La Cobaltera trend is well advanced – due diligence underway.
- • Initial field reconnaissance completed by BDI - results confirm the prospectivity of BDI’s large approximately 29 square kilometre granted exploration tenure along-strike and contiguous with the La Cobaltera trend .)
- copy from recent company annoucement.
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Invested due to COBALT, page-47
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