News and Announcements
Cobalt Deposits Continue to Grow
- Published July 12, 2012 12:44AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
The wide-spaced drilling has intersected near-surface cobaltiferous pyrite mineralistaion within a zone which trends for more than 1.5 kilometres and is up to 300 metres wide (Railway Cobalt Prosperct). The mineralistation is open at depth.
BPL has commenced a resources assessment and will undertake a scoping study to investigate a 7.5 million tonne per year open cut mine with annual production of pyrite concentrate containing about 7,000 tonnes of cobalt.
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