Broken Hill Intersects Cobalt at Offset and Railway Prospects

Broken Hill Prospecting (ASX:BPL) announced results from exploration of the New South Wales-based Thackaringa project.

As quoted in the press release:

BER001 was drilled in the central part of the Offset Prospect where high chargeability results correspond with a prominent low ridge of albite-quartz gneiss. The angled hole intersected strong pyritic mineralisation between 115-137 metres, and this averaged 1.77 pounds per ton cobalt.

Click here for the Broken Hill Prospecting (ASX:BPL) press release.

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Formation Metals Inc. (TSX:FCO,OTCQX:FMETF) primary asset, located in the mining friendly state of Idaho, is the 100% owned, Idaho Cobalt Project. The ICP is a unique, high grade, primary cobalt deposit which is comprised of the mine and mill site and the proposed refining facility, the Cobalt Production Facility, a stand-alone hydrometallurgical facility that will process the ICP Mine concentrates into cobalt sulfate, copper sulfate, copper concentrate, magnesium sulfate and gold. Connect with FCO to get their latest news instantly.

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