Broken Hill Prospecting (ASX:BPL) announced cobalt mineralization discovery at its Railway Prospect.
As quoted in the press release:
Drill intersections of more than 45 meters of 3.85 pounds per ton cobalt is similar in thickness but more than double the cobalt grade than the nearby Pyrite and Big Hill cobalt deposits.
|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.|