Corporate Presentation - Resourcing a Renewable Future
Sydney, Aug 9, 2016 AEST (ABN Newswire) - Broken Hill Prospecting Limited (
ASX:BPL) are pleased to provide the Company's latest Corporate Presentation for August 2016.
ASSET OVERVIEW
- Focussed on the development of strategic technology mineral resources:
-- Thackaringa Cobalt Project
-- Heavy Mineral Sands Project
- Stable jurisdiction with supportive local communities
- Established infrastructure
THACKARINGA COBALT PROJECT
- 100% ownership of world-class cobalt-pyrite resources
- Established infrastructure - located adjacent main railway & highway just 25km southwest of Broken Hill
- Mineralised outcrop extends for 10km+ with less than 25% drill tested to date
- Potential By-Products:
-- Sulphuric Acid
-- Hematite
-- Feldspar
-- Energy (exothermic)
MURRAY BASIN, HMS PROJECTS
- BPL have established a significant portfolio of HMS projects across the Murray Basin
- Copi North and Magic resources are shallow high-grade strandline deposits that remain open along strike
- Relentless Resources (RRL) have a 50% interest in HMS Projects (Copi North, Magic & Sunshine)
- Targets: Historical data compilation has identified 18 HMS strandline deposit targets across the portfolio
HMS PROJECT PIPELINE
- Copi North Heavy Mineral Sands (HMS) deposit
-- 2016 Resource Upgrade
-- 2016 Scoping Study - positive results
-- PFS Commenced
- Magic HMS deposit
-- 2015 Resource
- 'Pipeline' approach for development of high-grade HMS deposits using a modular, portable, mobile plant (MMU)
To view the presentation, please visit:
http://abnnewswire.net/lnk/Z74CAGP3
About Broken Hill Prospecting Ltd
Broken Hill Prospecting Ltd (ASX:BPL) is an Australian exploration company focussed on the discovery and development of strategic mineral resources across two primary geographical areas; the Murray Basin Region (Heavy Mineral Sands) and the Broken Hill Region (industrial, base and precious metals, including the Thackaringa Cobalt & Base/Precious Metal Project).
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