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 Formation Metals to get their latest news instantly.

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