Presentation at Resources Round Up Conference May 2018
Presentation at Resources Round Up Conference May 2018
Sydney, May 10, 2018 AEST (ABN Newswire) - Broken Hill Prospecting Ltd (ASX:BPL) (OTCMKTS:BPLNF) provides the Company's latest presentation at Resources Round Up Conference.

Thackaringa Cobalt Project

- Thackaringa Cobalt Project JV with Cobalt Blue (ASX:COB).

- BPL have 49% beneficial & 100% legal interest

- 2017 Scoping Study completed -robust project demonstrated

- Major increase in resource delivered in March 2018: 72Mt @ 852ppm Co (61,500t Co)

- PFS expected by June 2018 -major Company re-rate

- First class infrastructure, pro-mining local community and supportive Government

- Thackaringa JV provides significant upside exposure for BPL

o $10.9M earn-in by COB underway

o $7.5M cash to BPL on development

o 2% net smelter return royalty to BPL

o Retention of base & precious metals (lead, zinc, copper, silver and gold) by BPL

Thackaringa -Base/Precious Metals

- BPL retains all lead, zinc, copper, silver and gold mineralisation

- Numerous high quality, under-explored base and precious metals prospects

- Geophysics, Mapping and Sampling programs late 2017 -highlights anomalous base and precious metals up to 7.5% copper and 5.9% lead with high zinc, silver and gold

- 2018 field program to aggressively advance these 100% BPL prospects for Broken Hill style deposits.

To view the full presentation, please visit:
http://abnnewswire.net/lnk/E7466BGW


About Broken Hill Prospecting Ltd

Broken Hill Prospecting LtdBroken Hill Prospecting Ltd (ASX:BPL) is an Australian exploration company focussed on the discovery and development of strategic mineral resources across two primary geographical areas; the Murray Basin Region (Heavy Mineral Sands) and the Broken Hill Region (industrial, base and precious metals, including the Thackaringa Cobalt & Base/Precious Metal Project).

  


Contact

Broken Hill Prospecting Ltd
Trangie Johnston, CEO
T: +61-2-9238-1170
WWW: www.bhpl.biz



Related Companies

Cobalt Blue Holdings Limited    
Broken Hill Prospecting Ltd    

ABN Newswire This Page Viewed:  (Last 7 Days: 62) (Last 30 Days: 342) (Since Published: 3994) 
ANALYTICS: LOGIN HERE

Broken Hill Prospecting Ltd NEWS: RECENT VISITS (14475)

Social Media