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Mining Capital
EPIC: COB
Market: ASX
52-week High/Low: A$0.62 / A$0.13
Sector: Mining
Market Cap: A$21.74M

Cobalt Blue Ltd (ASX:COB) continues to advance the Thackaringa Cobalt Project in New South Wales, where Bankable Feasibility Studies are underway.

Cobalt Blue Holdings Ltd

www.cobaltblueholdings.com

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Big picture - Why invest in Cobalt Blue Holdings Ltd

Cobalt Blue Holdings Ltd Snapshot

Cobalt Blue is a pure-play cobalt focussed energy solutions company, which was incorporated on 26 August 2016 for the express purpose of advancing the development of a cobalt mining operation in New South Wales, Australia.

Thackaringa – Mining History

Thackaringa was originally mined for rich silver lead zinc ores in the early 1880s, but the lure of the then newly discovered Broken Hill just 23 kilometres away was too strong, so that after the easy ore bodies were mined, the field closed down. In modern times Broken Hill has been downsized to a smaller mining centre with little mining activity taking place beyond the main line of lode of Broken Hill itself. Thackaringa exhibits many of the classical Broken Hill mineralisation styles and is again today, a significant exploration target.


Thackaringa Project

The Thackaringa Cobalt Project covers an area of 63km2 and is located in western New South Wales (23km west of Broken Hill).

Thackaringa is located approximately 1,000km and 500km from Sydney and Adelaide respectively by road and approximately 400km from the Spencer Gulf (Port Pirie) by rail. The project location is shown below.

(click here for more information on this project)


Thackaringa Processing





Thackaringa Resource

The Thackaringa project is located within the Broken Hill Block of the Curnamona Province and is composed of Willyama Supergroup high grade regional metamorphic gneisses, schists and amphibolites. Within the project area the local geology is dominated by quartz-albite-biotite gneiss, quartz-albite gneiss, and amphibolite dykes. The extensive stratabound cobalt-pyrite mineralisation at each prospect (Pyrite Hill, Big Hill and Railway) is hosted by quartz-albite gneiss.

(click here for more information on this project)

 

Last updated 4th December 2018

Robert Biancardi
Independent Chairman

  • IBM, Citibank, Westpac and Evolution Healthcare senior management and Director;
  • Numerous directorships of private companies including Rockridge Private Equity, Hutchisons Child Care (successful ASX listing); and
  • Board Member of the Heart Foundation of Australia, Diabetes Association and the “Bread & Butter” Project.


Joe Kaderavek
Chief Executive Officer

  • Deutsche Bank, Head of Resources, equities / investment management, resources and energy storage technology focus;
  • PricewaterhouseCoopers performing operational reviews and strategic assessments across mining, minerals processing, railway and port facilities throughout Australia, North America and Europe; worked extensively on secondment to BHPB and Rio Tinto; and
  • International consulting role focused on renewable energy / battery storage technologies.


Hugh Keller
Independent Director

  • Managing Partner Blake Dawson (now Ashurst) and its predecessor firms, with 35 years’ legal experience until retirement from full time practice in 2010;
  • Non-executive director of ASX listed Thakral Holdings Ltd and of LJ Hooker Ltd and in both companies was a member of the Audit Committee; and
  • Chairman of a large private investment company with over $150m of net assets.


Rob McDonald
Independent Director

  • 10+ years business development and strategic planning roles within the RioTinto Group at Hamersley Iron, RTZ Services and Rio Tinto Minera SA.;
  • 20+ years of investment banking as director and principal of Resource Finance Corporation and as a Managing Director of N M Rothschild and Sons.
  • 10+ years in private equity deal making and as a non-executive director, including Chairman, of a number of publically listed and private mining and mining service companies.

 

Last updated 11th June 2019

Phone:
+61 (0) 2 8287 0660

Email:
[email protected]

Address:
Suite 17.03
100 Miller Street
North Sydney NSW 2060
Australia

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