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Cobalt Blue Holdings to reveal next funding steps for Thackaringa cobalt

The halt will remain in place until Monday 27th November 2017.
Cobalt Blue Holdings to reveal next funding steps for Thackaringa cobalt
Thackaringa is located in New South Wales

Cobalt Blue Holdings Ltd (ASX:COB) is set for increased news flow in the near-term as the company advances its Thackaringa drilling program which is targeting a 40 million tonne Indicated Resource.

Looking into 2018, Cobalt Blue is aiming to deliver the upgraded resource by the 1st April 2018 and then shortly thereafter a full PFS by 30 June 2018.

To continue to advance Thackaringa, the company is now preparing to reveal funding steps, with the ASX granting a trading halt to finalise.

READ: Cobalt Blue's Joe Kaderavek discusses potential Korean and Japanese partners in Proactive Q&A Sessions™

The halt will remain in place until the opening of trade on Monday 27th November 2017, or earlier if an announcement is made to the market.

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Cobalt Blue Holdings Ltd Timeline

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