Cobalt Ore

Cobalt Ore is an Ore that can be found once you have broken a Demon Altar and received the message "Your world has been blessed with Cobalt!". It is found everywhere, quite commonly. Breaking one Demon Altar is all that is required to place multiple, but rare, pockets of cobalt ore in your world. For each Demon Altar you break thereafter, more pockets of Cobalt ore appear in the world. Cobalt Ore can be mined with a molten pickaxe and all types of drills

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It is necessary to craft a drill out of it to be able to mine Mythril Ore.

Update Info
1.0.5 - Removed from the Game 1.1 - Added to the Game