Cobalt Drill

The Cobalt Drill is a new item that was added in the 1.1 update. It is crafted by taking 15 Cobalt Bars to an anvil, and has 110% Pickaxe Power. It is a tier above the Molten Pickaxe, but a tier below the Mythril Drill. It can mine Mythril, but not Adamantite.

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Update Info

 * 1.1.1 - Can no longer be reforged with size or knockback modifiers.
 * 1.1 - Added to the game.