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    cobalt investing

    Wide Intervals of Cobalt Mineralisation Intersected at Pyrite Hill

    Written by Investing News Network
    |
    Oct. 20, 2011 07:57PM PST

    Broken Hill Prospecting (ASX:BPL) announced extended cobalt mineralization at Pyrite Hill in New South Wales.

    Broken Hill Prospecting (ASX:BPL) announced extended cobalt mineralization at Pyrite Hill in New South Wales.

    As quoted in the press release:

    New resource calculations are being undertaken to update the current Inferred Resource for the Pyrite Hill Cobalt Deposit (10.6 MT of more than 2.1 pounds per tonne of cobalt). The study is being undertaken by Hellman & Schofield Pty Ltd and is expected to be completed in mid November.An IP geophysical survey is currently mapping extensions to the cobalt mineralisation outside the drill area and this is expected to locate along-trend drill targets.

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

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