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Cobre Limited ( (AU:CBE) ) has provided an announcement.
Cobre Limited reported significant advancements in its exploration activities for the quarter ended December 2024. In Botswana, the company has identified extensive copper mineralization at the Ngami Copper Project, enhancing its resource estimates and recovery processes. In Australia, exploration at the Perrinvale Project has revealed high-grade quartz, with further test work underway to assess its potential for high-value products. Corporate developments include ongoing negotiations with BHP for a joint venture in Botswana and securing substantial investment support. Additionally, Cobre holds a stake in Rapid Lithium Limited, which has expanded its portfolio with new acquisitions and projects in North America.
More about Cobre Limited
Cobre Limited is a mining company focused on the exploration and development of copper and other mineral resources. The company is engaged in projects located in Botswana and Australia, with particular attention to copper mineralization and high-purity quartz exploration targets.
YTD Price Performance: 6.00%
Average Trading Volume: 442,362
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$23.93M
For a thorough assessment of CBE stock, go to TipRanks’ Stock Analysis page.
