Cobalt Blue Holdings Ltd (ASX:COB)

Cobalt Blue Holdings Ltd (ASX:COB)

Share Price
$ 0.14
0 (0.00 %)
Market Cap
$17.44 m
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Cobalt Blue Holdings Ltd

Cobalt Blue Ltd (ASX:COB) continues to advance the Thackaringa Cobalt Project in New South Wales, where Bankable Feasibility Studies are underway.

Market: ASX:COB
52-week High/Low: A$1.23 / A$0.13
Sector: Mining
Market Cap: $17.44 m
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Big Picture – A Deep Dive Examination of Cobalt Blue Holdings Ltd

Cobalt Blue Holdings Ltd Snapshot

Cobalt Blue is a pure-play cobalt focussed energy solutions company, which was incorporated on 26 August 2016 for the express purpose of advancing the development of a cobalt mining operation in New South Wales, Australia.

Thackaringa – Mining History

Thackaringa was originally mined for rich silver lead zinc ores in the early 1880s, but the lure of the then newly discovered Broken Hill just 23 kilometres away was too strong, so that after the easy ore bodies were mined, the field closed down. In modern times Broken Hill has been downsized to a smaller mining centre with little mining activity taking place beyond the main line of lode of Broken Hill itself. Thackaringa exhibits many of the classical Broken Hill mineralisation styles and is again today, a significant exploration target.

Thackaringa Project

The Thackaringa Cobalt Project covers an area of 63km2 and is located in western New South Wales (23km west of Broken Hill).

Thackaringa is located approximately 1,000km and 500km from Sydney and Adelaide respectively by road and approximately 400km from the Spencer Gulf (Port Pirie) by rail. The project location is shown below.

(click here for more information on this project)

Thackaringa Processing

Thackaringa Resource

The Thackaringa project is located within the Broken Hill Block of the Curnamona Province and is composed of Willyama Supergroup high grade regional metamorphic gneisses, schists and amphibolites. Within the project area the local geology is dominated by quartz-albite-biotite gneiss, quartz-albite gneiss, and amphibolite dykes. The extensive stratabound cobalt-pyrite mineralisation at each prospect (Pyrite Hill, Big Hill and Railway) is hosted by quartz-albite gneiss.

(click here for more information on this project)


Last updated 4th December 2018

Robert Biancardi
Independent Chairman

  • IBM, Citibank, Westpac and Evolution Healthcare senior management and Director;
  • Numerous directorships of private companies including Rockridge Private Equity, Hutchisons Child Care (successful ASX listing); and
  • Board Member of the Heart Foundation of Australia, Diabetes Association and the “Bread & Butter” Project.

Joe Kaderavek
Chief Executive Officer

  • Deutsche Bank, Head of Resources, equities / investment management, resources and energy storage technology focus;
  • PricewaterhouseCoopers performing operational reviews and strategic assessments across mining, minerals processing, railway and port facilities throughout Australia, North America and Europe; worked extensively on secondment to BHPB and Rio Tinto; and
  • International consulting role focused on renewable energy / battery storage technologies.

Hugh Keller
Independent Director

  • Managing Partner Blake Dawson (now Ashurst) and its predecessor firms, with 35 years’ legal experience until retirement from full time practice in 2010;
  • Non-executive director of ASX listed Thakral Holdings Ltd and of LJ Hooker Ltd and in both companies was a member of the Audit Committee; and
  • Chairman of a large private investment company with over $150m of net assets.

Matthew Hill
Independent Director

  • CEO ASX/NZX New Talisman Gold Mines Limited responsible for bringing NZ’s Highest grade underground gold mine into development;
  • Non Executive Director ASX: Broken Hill Prospecting, , Alternative Director ASX: Pacific American Coal, Managing Director International Pacific Capital Limited;
  • Previously Executive Director Corporate finance for Washington H Soul Pattinsons – Pitt Capital Partners, Investment Manager Souls Private Equity, Licensed stockbroker Potter Warburg (Now UBS), Consultant to China Minmetals; and
  • Corporate advisor with over 20 years experience in Venture Capital/Private Equity, specialising in resource companies and capital markets.


Last updated 4th December 2018

+61 (0) 2 8287 0660

[email protected]

Suite 17.03
100 Miller Street
North Sydney NSW 2060

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