Cobra Resources Advances Rare Earth and Gold Projects in South Australia

The latest announcement is out from Cobra Resources Plc ( (GB:COBR) ).

Cobra Resources Plc has announced updates on its Boland rare earths and Wudinna gold projects. The company is preparing for sonic drilling at the Boland Project to investigate mineralized interfaces and support a forthcoming Mineral Resource Estimate. Additionally, Cobra is exploring metallurgical optimization to enhance the enrichment of valuable rare earth elements like terbium and dysprosium. Meanwhile, with gold prices at record highs, Cobra is evaluating resource development opportunities at the Wudinna Gold Project, which has a significant gold resource estimate and potential for low-cost open-pit extraction.

More about Cobra Resources Plc

Cobra Resources Plc is a mineral exploration and development company focused on advancing its rare earth elements and gold projects in South Australia. The company is working on the Boland Project, a potentially world-class ionic rare earth discovery, and the Wudinna Gold Project, which contains extensive orogenic gold mineralization.

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Technical Sentiment Signal: Strong Buy

Current Market Cap: £7.73M

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