Just the announcement about Thackaringa's project from our neighbor COB. It's interested!
Hope AUZ's Thackaringa have the same deposit
"Multiple large exploration targets identified at thackaringa Cobalt Project
Successful completion of a 633-line kilometre helicopter borne geophysical survey over the Thackaringa Project, 23km south-west of Broken Hill.
Survey delivers strong results and targets. Preliminary geophysical survey results support fresh exploration targets with clear potential to extend known mineralisation, as well as identifying a previously unknown target south of Pyrite Hill.
a Thackaringa’s three deposits have a significant combined strike length of
4.5 kilometres, with widths varying from 25 to 100 metres. These results support substantial future additions to the Thackaringa resource, particular down dip.
Cobalt Blue currently completing a significant 13,500m drilling program, supporting a major resource upgrade target (40Mt Indicated Resource by 1 April 2018).
a Pre-Feasibility Study work continues with geotechnical, environmental and next metallurgical testwork announcement (focussed on Calcine and Leach steps) expected shortly. PFS delivery due 30 June 2018.
Cobalt Blue’s CEO, Joe Kaderavek commented:
“Thackaringa is potentially much larger than previously thought. With 4.5km of known strike and width, the results support considerable down dip potential, uncovering significant targets. The newly discovered target south of Pyrite Hill is also a major surprise. Cobalt Blue is highly encouraged by these results, supportive of a world class, long life operation.” "
GLTAH
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