An increased focus on exploration and development programs on Broken Hill Prospecting core heavy mineral sands leases achieved strong results. A restructure of its interests in the NSW sector of the world leading Murray Basin has set up the company for growth in coming years. To view the Annual Report
Broken Hill Prospecting announces Murray Basin heavy mineral sands expansion strategy advances. Highlights - BPL is now of the largest tenement holder in the world-class Murray Basin after industry leaders Iluka Resources and Cristal Mining - Two exploration tenements have been granted in the Murray Basin and applications submitted for four additional tenements - Expanded footprint underpinned by extensive data [...]
Broken Hill Prospecting completion of Legal Dispute Settlement - BPL Receives $2.42 million Key Points - Settlement of legal dispute with Relentless Resources (RRL) completed in accordance with agreed terms - Ownership and management of the Joint Venture assets and 5 additional tenements has now been transferred to RRL - BPL has received $2.42 million, significantly boosting cash resources to $3.4 million - BPL [...]
Broken Hill Prospecting Geophysical Survey and 3D Modelling Commences at Thackaringa with a new search for Cobalt, Precious and Base Metals. Highlights - A major geophysical survey and 3D geological modelling has commenced at Thackaringa, west of Broken Hill, NSW - Cobalt Blue Holdings Ltd. is fully funding the work under its Thackaringa JV commitments - High resolution airborne EM and Magnetic survey to cover entire [...]
Broken Hill Prospecting provides the Company's Quarterly Activities and Cash Flow Reports June 2017. Successful ASX spin-off of Cobalt Blue (ASX:COB) in Q1 2017 delivers excellent exploration results and a positive Scoping Study at Thackaringa Cobalt Project - Strategy of becoming a significant heavy mineral sands (HMS) producer in the world class Murray Basin, New South Wales is advancing well with new acquisitions [...]
Broken Hill Prospecting received a first class Scoping Study for the Thackaringa Cobalt Project from its joint venture partner Cobalt Blue Holdings. The results of the Study are positive and importantly provide strong encouragement for the joint venture to commit to the next stage of exploration and development. Highlights - Broken Hill Prospecting has received a first class, positive Scoping Study for the Thackaringa [...]
Broken Hill Prospecting announced the legal dispute with Relentless Resources (RRL) is resolved and Heavy Mineral Sands (HMS) expansion plans accelerate with funding sufficient for new project review and acquisition. Highlights: - Legal dispute with Relentless Resources is resolved - RRL agrees to pay BPL $3.1M within 90 days, significantly boosting BPL's cash - BPL agrees to transfer 100% of ELs 8308, 8309, 8310 [...]
Broken Hill Prospecting has refocussed its corporate strategy towards becoming a significant Heavy Mineral Sands (HMS) producer focusing on the world-class Murray Basin in western New South Wales (ASX Announcement: 8 February 2017 and 18 April 2017). Highlights - Three new tenements granted giving BPL the 3rd largest tenement portfolio in the Murray Basin, NSW after industry leaders Iluka Resources and Cristal Mining [...]
Broken Hill Prospecting is pleased to announce additional high grade cobalt found at Thackaringa ahead of resource upgrade. Highlights - Final assays received from major resource definition drilling program at Thackaringa provide increased confidence, with results now over a 4.5km strike length - Best grades include: o 17THD09 (Railway) - 46m at 1,234ppm Co, 14.8% S & 13.8% Fe from 19m o 17THD10 (Railway) - 34.8m at [...]
Broken Hill Prospecting is pleased to provide the Company's latest CEO Presentation at Sydney Resources Round-Up Conference. Investment Highlights - Cobalt - Heavy Mineral Sands - World Class Assets - Exposure to growth markets - Corporate restructure - Positioned for growth - Experienced team Thackaringa Cobalt Project - World Class cobalt asset - Extensive technical studies underway - Established infrastructure [...]
Broken Hill Prospecting is pleased to announce Thackaringa drilling uncovers higher cobalt grades ahead of resource upgrade. Highlights - Major drilling program uncovers higher cobalt grades in greater widths beneath existing resources, lifting expectations for the Resource Upgrade due in May 2017 - Best grades include: o 17THR008 (Railway) - 41m at 1319ppm Co, 12.2% S & 11.2% Fe from 37m o 17THR011 (Railway) - 53m at [...]
Broken Hill Prospecting is pleased to provide the Company's Quarterly Activities and Cash Flow Reports March 2017. Highlights Corporate - Successful ASX spin-off of Cobalt Blue raised $10m to fund the Thackaringa Cobalt Project through to production - In-specie distribution of Cobalt Blue shares to BPL shareholders - Refocussed corporate strategy towards becoming a significant heavy mineral sands producer in the [...]
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