Junior explorer advances cobalt prospects
Broken Hill Prospecting (BPL) said it has appointed an experienced managing director in Dr Ian Pringle. BPL is moving to commercialise its Pyrite Hill and Big Hill cobalt deposits and to explore base metal prospects on its Thackaringa tenements, near Broken Hill in NSW.
Ian Pringle, BPL managing director.
BPL said drilling is expected to commence in the coming weeks, to extend the company’s JORC inferred cobalt resource from its current 15 million tonnes at more than 2.1 pounds per tonne to more than 30 million tonnes at a similar grade, advancing commercialisation of the project.
“Our work at Thackaringa has been stepped up during the past six months, and Ian will help us to deliver on what we promised investors when we successfully floated the company on the ASX in February. In particular, his experience with base metal ventures in NSW will be invaluable,” said BPL executive director Geoff Hill.
Pringle will remain as managing director of Geopacific Resources NL, an ASX-listed explorer that is assessing the development of five gold and base metal projects in Fiji. He is also the manager of a Canadian-owned company, Silver Standard Australia, which is advancing the Bowdens silver project near Mudgee, NSW.
His employment record includes a six-year stint as exploration manager at Oxiana, where he played a leading role in Oxiana’s purchase and subsequent development of the Sepon and Khanong gold and copper mines in Laos. Prior to Oxiana, he was exploration manager at Golden Shamrock Mines where he initiated and managed exploration programs at that company’s CSA copper mine at Cobar, NSW.
Dr Pringle has a BSc (hons) in geology and PhD in petrology, geochemistry and mineralogy from the University of Otago.
He has been appointed with an initial contract of one year, with the option of both parties to extend, with remuneration (inclusive of superannuation) of A$196,200.
Contact: www.bhpl.biz
