Broken Hill looks to double its NSW cobalt resource

23 February 2011

Newly dual-listed cobalt miner Broken Hill Prospecting Ltd. is seeking to double its inferred cobalt resource in outback New South Wales to 30 million tonnes with a newly approved drilling programme. The company announced the 5,000 square metre project, which will take in existing and new areas of exploration in areas covered by its Thackaringa Base Metals Project. New Zealand-based Heritage Gold Ltd. is a 21% shareholder in BHPL, which debuted on the NZX and ASX last week.