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The latest update is out from Cobra Resources Plc ( (GB:COBR) ).
Cobra Resources has received the final permit to commence in-field permeability studies at its Boland Ionic Rare Earth Project in South Australia. This approval allows the company to test the permeability of the aquifer mineralization, aiming to replicate the high permeability rates achieved in laboratory settings through in-situ recovery (ISR) processes. The Boland Project is notable for its unique geological setting, which supports low-cost and sustainable mining methods. The successful implementation of these tests could provide significant economic and environmental benefits, enhancing Cobra’s position in the critical minerals sector.
More about Cobra Resources Plc
Cobra Resources is a South Australian critical minerals developer focused on advancing assets through the pre-production pathway. The company is known for its Boland ionic rare earth discovery at the Wudinna Project, which is Australia’s only rare earth project suitable for in situ recovery (ISR) mining. This method is cost-effective and environmentally friendly, eliminating the need for excavation. In 2025, Cobra expanded its portfolio with the Manna Hill Copper Project and sold its Wudinna Gold Assets.
Average Trading Volume: 3,441,769
Technical Sentiment Signal: Buy
Current Market Cap: £40.57M
Learn more about COBR stock on TipRanks’ Stock Analysis page.