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AGM Presentation
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 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 widely used in clean energy systems.

COB has entered into a farm-in joint venture agreement with Broken Hill Prospecting Limited (“BPL”) in which COB seeks to acquire an initial 51% interest in the Thackaringa Cobalt Project. COB will undertake exploration and development programs on the Thackaringa Cobalt Project and, subject to the achievement of milestones, will acquire 100% of the Thackaringa Cobalt Project.

   


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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