BPL IPO hastens Broken Hill project

9 February 2011

Broken Hill Prospecting (BPL) raised $4.47m in an IPO, with funds to be used for more drilling and a pre-feasibility study at its Thackingara tenements, 25km south west of Broken Hill. Geoff Hill, director of BPL said “with this new funding, we will be able to more quickly assess the 13 base metal prospects outlined on out tenements and also complete a prefeasibility study on our Pyrite Hill and Big Hill cobalt deposits.”

Australian Journal of Mining