COBALT – High grades intersected at Railway prospect

31 May 2012

Drilling by Broken Hill Prospecting (BPL) at the Railway cobalt prospect near Broken Hill in far west New South Wales has intersected thick, high-grade zones of cobaltiferous pyrite. Highlights of the intersections include 14 metres of 2.42 pounds/tonne cobalt, 15 metres of 2.92 pounds/tonne cobalt and 45 metres of 3.85 pounds/tonne cobalt, which is more than double the grade confirmed at the nearby BPL Pyrite and Bill Hill deposits. The wide-spaced drilling intersected near-surface cobaltiferous pyrite mineralisation within a zone which trends more than 1.5km and is up to 300m wide. The mineralisation is open along trend and at depth. The drilling program was designed to test large geophysical anomalies which extend for more than 4km north-east from the Big Hill cobalt deposit.

 Asia Miner