Broken Hill Prospecting Increases Pyrite Hill Deposit by 7 Million Pounds of Contained Cobalt

14 November 2011

Dual listed Broken Hill Prospecting has upped the ante at its Pyrite Hill cobalt deposit with a 55% boost in inferred resources to 16.4 million tonnes at 1.83 pounds per tonne cobalt from an updated study. With cobalt becoming a key metal used in batteries for new-generation electric and hybrid cars and in hardened metal and alloys, Broken Hill Prospecting could find itself a leading cobalt producer based on its progress to date at Pyrite.

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