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Sydney, July 21, 2017 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (ASX:COB) provides the Company's latest Investor Presentation in July 2017.

"2017 is shaping up to be a big year for Cobalt Blue"

~10,000m of drilling targeted for FY18
= One of the largest cobalt exploration commitments on the ASX

ASPIRATIONAL TARGET: Significant improvement in size of the Thackaringa cobalt deposit
= A global top 10 mining operation with 20 year + life

OUR SCHEDULE OF WORK IS AS FOLLOWS:

- Aug 2016-Feb 2017: Complete

o Cobalt Blue formed
o JV & Farm-in
o JORC 2012 upgrade
o Cobalt Blue listed

- 1 April 2018: Stage One

o A$2.0m expenditure in the ground delivered.

o Delivered:

-- Inferred Resource Upgrade
-- Scoping Study

Deliver:

-- Indicated Resource Upgrade
-- Aerial Geophysical Program

o Target Date: 1 April 2018

- 30 June 2018: Stage Two

o A$2.5m expenditure in ground - Indicated Resource Target

o Deliver: Preliminary Feasibility Study

o Target Date: 30 June 2018

- 30 June 2019: Stage Three

o A$5.0m expenditure in ground - Measured Resource + Reserves Target

o Deliver: Bankable Feasibility Study + Project Approvals

o Target Date: 30 June 2019

- Stage Four

o Decision to Mine
o Project Finance

To view the full presentation, please visit:
http://abnnewswire.net/lnk/1713VF9U


About Cobalt Blue Holdings Limited

Cobalt Blue Holdings LtdCobalt Blue Holdings Ltd (ASX:COB) is an exploration company focussed on green energy technology and a strategy of fast-tracking development of the Thackaringa Cobalt Project in New South Wales to achieve commercial production of cobalt. This strategic metal is in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.

   


Contact

Joe Kaderavek
Chief Executive Officer
Cobalt Blue Holdings Limited
Ph: +61-2-9966-5629
Website: www.cobaltblueholdings.com
Email: info@cobaltblueholdings.com



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