Metalicity Ltd. said Oct. 4 that it has acquired the 210-square-kilometer Kyarra cobalt project in Western Australia's Yerrida Basin by lodging three exploration license applications comprising the project.

Kyarra adjoins the Tabac cobalt-gold project, where significant intersections include 80 meters at 0.77% cobalt.

Desktop and field exploration are underway to identify priority target areas for drilling in 2017.