AGM Presentation
Sydney, Nov 24, 2017 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (
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) (FRA:COH) (OTCMKTS:CBBHF) has a strategic approach that positions us to be among the first wave of new entrants into the allied battery materials supply chain. We are committed to playing a leading role in securing a stable and sustainable future for critical minerals.
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