Broken Hill Prospecting Limited (BPL) is a next generation mining and exploration company that is seeking to develop cobalt and base metal projects at Thackaringa, NSW, near the world renowned Broken Hill mining centre.
The company has a JORC inferred cobalt resource at Pyrite Hill and Big Hill of 20.8 million tonnes at a grade of nearly 1.9 lb/tonne aswell as potential for 14-24 million tonnes of similar mineralisation at Pyrite Hill. It also has at least 13 high quality targets with Broken Hill style of base metal mineralisation.
Detailed evaluation of BPL’s cobalt and base metal resources has been accelerated since the company’s successful public listing in early 2011 on the Australian and New Zealand stock exchanges.
Broken Hill Prospecting is also assessing new assets in the Broken Hill region, where historical mining of more than 200 million tonnes of high grade ore worth $80 billion has occurred, including the treatment of tailings dumps.