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Cobre Limited ( (AU:CBE) ) has shared an update.
Cobre Limited announced its maiden Mineral Resource estimate for the Ngami Copper Project, revealing a total mineral resource of 11.5 million tonnes at 0.52% copper and 11.6 g/t silver. The company also updated its exploration target, indicating significant expansion potential. The results suggest the project could achieve a similar scale and higher grade compared to Taseko’s Florence Copper Mine, highlighting the viability of their in-situ copper recovery development program.
More about Cobre Limited
Cobre Limited is a company operating in the mining industry, focusing on the exploration and development of copper projects. Their primary project is the Ngami Copper Project located in the Kalahari Copper Belt in Botswana.
Average Trading Volume: 629,253
Technical Sentiment Signal: Sell
Current Market Cap: A$18.62M
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