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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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