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Cobalt Blue Holdings Limited (ASX:COB)

ALERT: Price-sensitive ASX Announcement for COB
Current share price for COB : $0.071 0.003 (4.41%)+
Announcement
Release
16 Jul 2026 8:21AM
Price at Release
$0.068
Full Release
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Summary
Cobalt Blue Holdings Limited has advanced its Halls Creek Project through a targeted core sampling program, focusing on metallurgical testwork to optimize and simplify development pathways. The work aims to refine the Stage 1 Onedin heap leach flowsheet, explore a combined Onedin-Sandiego heap leach configuration, and assess silver recovery as a value addition. Cobalt Blue has met the expenditure for its 51% interest in the project and is pursuing an increase to 75% by 2028. The project, supported by the Broken Hill Technology Centre, is set to complete an updated Scoping Study by Q4 2026, potentially establishing a regional processing hub for future developments.
Key Points
  • Cobalt Blue Holdings Limited completed a targeted core sampling program at the Halls Creek Project.
  • The program aims to optimize the Stage 1 Onedin heap leach flowsheet and assess a combined Onedin-Sandiego heap leach configuration.
  • Evaluation of silver recovery as a potential value driver is a core objective of the metallurgical testwork.
  • The updated Scoping Study is targeted for completion in Q4 2026.
  • Cobalt Blue has secured its 51% beneficial interest in the Halls Creek Project and aims to increase it to 75%.
  • The project focuses on developing a centralised processing facility for regional growth.
  • The team is leveraging the Broken Hill Technology Centre for in-house metallurgical testwork.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.