Cobalt Blue Holdings Ltd. (ASX:COB) - Diversifying Into Base and Precious Metals With Halls Creek - Research Portal

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Cobalt Blue Holdings Ltd. (ASX:COB) - Diversifying Into Base and Precious Metals With Halls Creek - Research Portal

Cobalt Blue has entered into an earn-in agreement with AuKing Mining Ltd. (ASX:AKN, Not Rated) to acquire up to a 75% interest in the Halls Creek polymetallic project in Western Australia (Figure 1). The project hosts the Sandiego and Onedin Cu-Pb-Zn-Ag-Au deposits with I&I resources of 8.9Mt at 2.80% CuEq, containing ~541M lbs of CuEq. Terms of the transaction include issuing shares worth A$200,000 and incurring A$2M in exploration expenditures…