Cobalt Blue Holdings Limited is a cobalt exploration and development company. The Company is focused on developing the Thackaringa Cobalt Project in New South Wales. The Company focuses on achieving commercial production of cobalt and commercializing technical advances in the use of cobalt. The Thackaringa Cobalt Project covers an area of approximately 60 square kilometers and is located in western New South Wales (over 20 kilometers west of Broken Hill). Thackaringa is located approximately 1,000 kilometers and 500 kilometers from Sydney and Adelaide respectively and approximately 400 kilometers from the Spencer Gulf (Port Pirie). The portfolio consists of four mineral licenses: exploration license 6622 (1992) (EL 6622), exploration license 8143 (2013) (EL8143), mining lease 86 (1973) (ML 86) and mining lease 87 (1973) (ML 87).