Published: June 8, 2016 |

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Broken Hill Prospecting Ltd has appointed Anthony ‘Trangie’ Johnston as its chief executive officer, a geologist with 20 years’ experience in exploration, project development and mining activities.

He was most recently the CEO of KBL Mining, a precious metal producer and development company.  Johnston oversaw the restructure of the company to achieve operational profitability.

This included major resource/reserve upgrades and maiden deposit discoveries for the Mineral Hill Mine and Sorby Hills project, which underpinned the raising of more than $35 million through equity, debt, project financing, key investors and partnerships.

Creagh O’Connor, chairman, commented:

“Now that we are transitioning from exploration into the development of our mineral assets, the board sought a CEO with the skills to drive the company to the next stage.

“Trangie brings the skills necessary to oversee the implementation of both the Heavy Mineral Sands project and the further development of the company’s Thackaringa cobalt project.”

While the high-grade Copi North and Magic minerals sand deposits have garnered major focus it is the cobalt-pyrite project, Thackaringa that is attracting global investor’s attention and also renewed interest in development by BPL.

Thackaringa has been advanced to a resource status and interest has been received from Australian and offshore groups in discussions regarding roads to its future development as a strategic globally significant source of cobalt.

Lithium-ion batteries, the main components of vehicle motors and many rechargeable batteries, contain as much as 60% cobalt.

Source: (may 20, 2016) Proactive Investors

About Broken Hill Prospecting
Broken Hill Prospecting Ltd is exploring and progressing heavy mineral sand deposits (titanium and zirconium) located south of Broken Hill in western New South Wales.

To stop by Broken Hill’s website, CLICK HERE

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