Update on Finalisation of PFS
Sydney, June 29, 2018 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (ASX:COB) (CBBHF:OTCMKTS) advises that it is on schedule to meet its earlier released timeline to finalise its Pre-Feasibility Study (PFS) on its Thackaringa Cobalt Project at Broken Hill NSW by 30 June 2018 and satisfy obligations under Stage Two of the agreement to secure a 70% beneficial interest in the Project. Following the finalisation of the PFS, the Company will update the market with a summary of the results of the PFS.
About Cobalt Blue Holdings Limited
Cobalt Blue Holdings Ltd (ASX:COB) (FRA:COH) (OTCMKTS:CBBHF) is an exploration and project development company. Work programs advancing the Broken Hill Cobalt Project in New South Wales continue. Our ambitious goals are subject to funding availability. Cobalt is a strategic metal in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.
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