Cobalt Blue Holdings Ltd. is pleased to announce initial results from its major resource definition drilling program underway at Thackaringa, NSW. KEY POINTS: - Initial results reinforce potential for substantial mine life. - Drilling continues to reaffirm the geological model with a total of 5,686metres completed to date - in excess of 15,000 [...]
On 24 October 2018 COB elected out of the Earning Period process of the Exploration Farmin Joint Venture Agreement with BPL . COB had concluded that the risk of attempting to fast track Bankable Feasibility Study work into a period of only 12 months, to meet the BFS timetable in the TJV Agreement, would significantly impair the project and pose [...]
Cobalt Blue Holdings Ltd. provides the Company's AGM Address to Shareholders. Good morning, I would like to welcome all COB shareholders and guests to our 2018 AGM. The last 12 months has been a significant period of development for the business and we have taken important steps progressing the Thackaringa Cobalt Project. Cobalt Blue delivered a [...]
Cobalt Blue Holdings Ltd. has received notice from Broken Hill Prospecting Ltd. indicating unless COB provides an undertaking not to enforce or act upon any of the resolutions put to the vote at the adjourned meeting of the Thackaringa Joint Venture Management Committee on 16 November 2018, BPL will seek declaratory, and possibly injunctive, relief [...]
Cobalt Blue Holdings Ltd. advises that a Thackaringa Joint Venture Management Committee meeting was held on 16 November 2018 with representatives from joint venture partner Broken Hill Prospecting Ltd.. This meeting followed on from an informal meeting held last week with BPL representatives at the time the TJV Management Committee meeting was [...]
Cobalt Blue Holdings Ltd. refers to the announcement by its joint venture partner Broken Hill Prospecting Ltd. dated 30 October 2018 acknowledging receipt by BPL of a notice from COB "advising of COB's election to not exercise its rights to earn the Stage 3 Percentage Share under the TJV" and the announcement dated 2 November 2018 referring to [...]
Cobalt Blue Holdings Ltd. has commenced the largest single drilling campaign to date at Thackaringa - in excess of 15,000 metres will be drilled over the coming six months. Previously, between 2H 2016 and 1H 2018, COB has drilled a total of 20,445 metres consisting of 38 Diamond Drill holes, 93 Reverse Circulation drill holes, and three RC drill [...]
Cobalt Blue Holdings Ltd. provides the Company's Quarterly Activities Report. July to September 2018 - Highlights THACKARINGA PROJECT: - Thackaringa Pre Feasibility Study delivered. - Project strategic rationale. - Drilling campaign announced. COBALT TRENDS: - Update on thrifting. - Near term market balance vs strategic demand. CORPORATE: - COB [...]
Cobalt Blue Holdings Ltd. announces the Company decides not to exercise its rights to proceed further under Thackaringa Joint Venture Farmin Earning Period provisions. KEY POINTS: - Following completion of a Pre-Feasibility Study , the Thackaringa Joint Venture commissioned Wood PLC, a globally renowned engineering firm, to perform a PFS gap [...]
Cobalt Blue Holdings Ltd. refers to its announcement made on 18 September 2018, and confirms that its Board and technical advisers are currently reviewing the Wood PLC report. Wood was appointed by COB, through the Thackaringa Joint Venture Committee, to undertake an industry best practice and independent review of the Pre-Feasibility Study , and [...]
Cobalt Blue Holdings Ltd. provides the CEO's Letter to Shareholders. I am writing to update shareholders on our plans as Cobalt Blue progresses the next stages of the Thackaringa Cobalt Project. In my 26 July 2018 CEO's letter to shareholders I stated "Wood PLC , a leading global engineering firm, has been engaged to provide a gap analysis review [...]
