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Cobalt Blue Holdings Limited (ASX:COB) (OTCMKTS:CBBHF) provides the Company's Quarterly Activities Report.

October to December 2018 - Highlights

THACKARINGA PROJECT:

- Strategic rationale.

- Optimisation studies.

- Drilling update.

- Water supply confirmed.

- Drilling campaign paused. Technical work programs continue.

COBALT TRENDS:

- Cobalt market update.

CORPORATE:

- COB withdraws from Thackaringa Joint Venture Earning Period Provisions.

- Dilution provisions in the JVA increased COB's project beneficial interest from 70.00% to 93.68%.

- Global technical visits.

- Director changes.

- Various dispute notices.

To view the full report, please visit:
http://abnnewswire.net/lnk/0LOK7IHO


About Cobalt Blue Holdings Limited

Cobalt Blue Holdings Ltd (ASX:COB) is an exploration and project development company focussed on green energy technology. Work programs are advancing to enable an upgrade of the Mineral Resource at the Thackaringa Cobalt Project in New South Wales to include Measured Resources.

Cobalt is a strategic metal in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.

Potential to extend the Mineral Resource at Pyrite Hill, Big Hill, Railway and the other prospects is high. Numerous other prospects within COB’s tenement package are at an early stage and under-explored.

   

Contact

Joe Kaderavek
Chief Executive Officer
Cobalt Blue Holdings Limited
Ph: +61-2-8287-0660
Website: www.cobaltblueholdings.com
Email: info@cobaltblueholdings.com



Link: Quarterly Activities & Cashflow Report


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Related Industry Topics:
Metals Materials General Mining Mineral Sands Cobalt

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