Cobalt at Mutooroo mooted as Thackaringa-esque

SUCCESSFUL cobalt IPO Cobalt Blue is taking a look at Havilah Resources’ Mutooroo project to see whether it’s a possible fit with the nearby Thackaringa project.

Cobalt at Mutooroo mooted as Thackaringa-esque Cobalt at Mutooroo mooted as Thackaringa-esque Cobalt at Mutooroo mooted as Thackaringa-esque Cobalt at Mutooroo mooted as Thackaringa-esque Cobalt at Mutooroo mooted as Thackaringa-esque

The premise of an MoU is the metallurgical work at undertaken by Cobalt Blue at Thackaringa that is said to have identified a process that shows strong cobalt recoveries from pyrite hosted mineralisation.

Mutooroo may represent a similar scenario.

A 10kg sample from Mutooroo is to be tested by Cobalt Blue, with full results to be provided to Havilah by the end of April.

Quite what a possible deal between the two companies might look like is still to be revealed.

Mutooroo, located in South Australia near the border of New South Wales, contains a current resource of 13 million tonnes at 1.48% copper and 0.14% cobalt.

Thackaringa, located in NSW near ...